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January 18, 2013 8:20 AM, EST
SoCal Ports’ Cargo Falls; Port of L.A. Breaks Ground on New Rail Yard
Port of Los Angeles

Total cargo shipments through Southern California ports fell 1% last month, reflecting 9.8% higher volume at Long Beach and a 9.4% decline at Los Angeles.

Separately, the Port of Los Angeles said it broke ground on a new $137 million rail yard that it expects to open next year and will generate $1 billion in annual revenue by 2030.

The December shipment totals included an increase of 19% in imports — measured in industry standard 20-foot container units — at Long Beach and a 6.8% decline at Los Angeles. Export loads rose 5% at Long Beach and fell 16% at Los Angeles.

Some Long Beach terminals were open during an eight-day port strike that ended on Dec. 4, while Los Angeles’ facilities were closed.