Day: November 27, 2009

Port of Los Angeles dredging project costs soar

Nov 27, 2009

Costs to deepen the Main Channel and other waterways at the Port of Los Angeles soared to $298 million Thursday night, when the harbor commission approved a plan that calls for dumping some of the dredged dirt at three new...

Downturn has shippers sailing for overhaul

Nov 27, 2009

A slow recovery in global trade and tight finance could set the stage for a wave of consolidation in the trillion-dollar shipping industry, as it gears up for a second straight year of turmoil in 2010. Hundreds of empty...