Long Beach, CA: The Port of Long Beach is chugging into the “Year of Rail” in 2024, with a focus on modernizing facilities, boosting air quality, and ultimately becoming the world’s first zero-emissions seaport. CEO Mario Cordero laid out the ambitious plan in his State of the Port Address, highlighting the Pier B On-Dock Rail […]
Read MoreWest Coast ports are bracing for a tidal wave of incoming goods as supply chain woes and international tension collide. This perfect storm stems from several factors: Inventory restocking: Retailers are replenishing shelves after periods of low stock, driving up import demand. Homecoming cargo: Goods that shifted to other ports during last year’s labor talks are returning to […]
Read MoreThe Los Angeles and Long Beach ports on the U.S. West Coast enjoyed a robust performance in October, marked by a significant surge in imported containers. Los Angeles handled 372,455 TEU (twenty-foot equivalent units), representing a 10.7% increase over the previous year. Long Beach, on the other hand, witnessed an even more impressive 23.6% jump […]
Read MoreThe Port of Long Beach has reported its busiest September ever, with cargo volumes increasing by 11.8% compared to the same period last year. This is the first monthly year-over-year cargo increase for the port in 14 months. The increase was driven by high consumer demand for holiday-related goods, as well as the recent […]
Read MoreMembers of the West Coast Marine Terminal Operators Agreement (WCMTOA) announced that the PierPass fee will increase on November 1, 2023 by 4 percent, from USD 34.21 per TEU (twenty-foot equivalent unit), and USD 68.42 for all other container sizes, to USD 35.57 per TEU, and USD 71.14 per FEU (forty-foot equivalent unit), respectively. This fee is called […]
Read MorePACIFIC MARITIME ASSOCIATION STATEMENT ON FINAL CONTRACT APPROVALS SAN FRANCISCO (August 31, 2023) PMA President and CEO Jim McKenna issued the following statement today about the International Longshore and Warehouse Union’s approval of the new six-year contact. The contract, already approved by PMA member companies, is retroactive to July 1, 2022 and runs through […]
Read MoreThe average time that a container remained at the San Pedro Bay Port complex before being sent out from July 2023 was 3.2 days, according to the Pacific Merchant Shipping Association (PMSA). This is consistent with the average of 2.9 days in June 2023. A three-day average is within the normal range and indicates […]
Read MoreThe Los Angeles Cleantech Incubator (LACI) has received a $1.5 million grant from the U.S. Department of Housing and Urban Development to install public charging infrastructure for electric heavy-duty trucks. The charging depot will be located at the Port of Los Angeles and will be the port’s first-ever public electric truck fast-charging station. The chargers […]
Read MoreTrade activity at the Port of Long Beach (POLB) experienced a cooling trend in June as retailers worked to clear their warehouses. Last month, dockworkers and terminal operators handled a total of 597,076 twenty-foot equivalent units (TEUs), marking a significant 28.5% decline compared to the same period in the record-setting June of 2022. Notably, imports […]
Read MoreA potential strike that could have had adverse effects on the demand for industrial warehouses in North America’s thriving commercial property sector seems to have been avoided with a tentative agreement between union dockworkers and West Coast port operators. Late Wednesday, the Pacific Maritime Association and the International Longshore and Warehouse Union announced that they […]
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