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Long Beach PortSo far, 2018 has been the busiest year ever at the Port of Long Beach. Despite Lunar New Year, cargo volumes increased 14% in March, making it the third consecutive month this year that cargo volumes increased. As a result, cargo volumes for the first quarter were up 19.4% over the first quarter 2017. In total, 1.9 million TEUs moved through the port in the beginning of the year. The previous cargo volume record was set in 2007.

“The rising demand for retail goods and other products is keeping volumes high, just in general, because the economy is thriving,” Lee Peterson of the Port of Long Beach tells GlobeSt.com. “Also, shippers are trying to spread out their shipments over the year to the traditionally slower months, to avoid loading up a “peak season.” But it’s largely the demand for imported goods that has fueled the increase this first quarter.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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