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Cities that primarily deal with Asia – including Los Angeles and Long Beach – are best positioned to increase the export of machinery, transportation and chemical goods made in the United States, according to “U.S. Metro Economies: Exports in the Next Decade,” a 46-page report prepared by IHS Global Insight, an economic analysis firm based [...] 
Xi Jinping, vice president of China, visits Port of Los Angeles. Photo by Tim Rue/Bloomberg. “Having heard that this is an environmentally friendly, green port, this is a great thing,” Xi, 58, said yesterday at the Port of Los Angeles. “What I see here is a good foundation for U.S.-China economic and trade cooperation.” [...] Excerpts from the Los Angeles Times. Note that the Jobs 1st Alliance includes the International Brotherhood of Electrical Workers Local 11, the International Longshore and Warehouse Union, BNSF Railway, Union Pacific, and others: The Jobs 1st Alliance fears that the ports could lose as many as 100,000 jobs when the Panama Canal overhaul allows much [...] During his trade mission in Korea, Mayor Antonio Villaraigosa today signed a Memorandum of Understanding with California United Terminals, a subsidiary of Hyundai Merchant Marine, to expand the flow of goods and services between Los Angeles and South Korea. Pier 500 will allow larger container ships through the Hyundai Merchant Marine Terminal. … Tthe [...] The U.S. 9th Circuit Court of Appeals on Sept. 27 ruled that the port cannot force freight-hauling companies to directly hire drivers as employees. The Port of Los Angeles will not challenge a federal appeals court ruling that tossed out the controversial employee mandate portion of the Clean Trucks Program, officials announced Thursday. The [...] The Port of Los Angeles refunded $101.1 million worth of bonds it was issued, generating interest expense savings of $16.5 million, or $1.1 million annually over the next 15 years, officials announced Thursday (7/14). The Port of Los Angeles maintains an AA bond rating and issues bonds to finance capital improvements. The bonds refunded [...] TraPac's planned expansion involves a mitigation trust fund for which six of its seven oversight panel appointments have been filled. Councilwoman Janice Hahn will appoint the seventh. The Board of Harbor Commissioners on Thursday appointed three people to a panel that will oversee a mitigation trust fund established three years so that the [...] The China Shipping Terminal Expansion at the Port of Los Angeles includes dozens of environmental measures to reduce air emissions. Click on the image for details. China Shipping celebrated the completion of a major phase of its terminal expansion project at the Port of Los Angeles, adding a new 925-foot section of wharf, 18 [...] Los Angeles Mayor Antonio Villaraigosa on Monday [Jan. 24] signed an agreement aimed at increasing trade with China. While it’s not a legally binding contract, the pact struck up between Los Angeles and China’s Ministry of Commerce is aimed at examining how the two sides can spur investment and cooperation when dealing with imports and [...] Cargo container shipments surged 16 percent at the Port of Los Angeles in 2010, buoyed by a strong start that leveled off as the year came to a close, according to figures released Thursday. The Port of Los Angeles had its fourth-best year on record, handling more than 7.8 million cargo containers in 2010. The [...] The Los Angeles City Council on Wednesday confirmed two of Mayor Antonio Villaraigosa’s nominees to the Board of Harbor Commissioners, which is charged with finding ways to reduce pollution and increase business at the nation’s busiest port. Robin Kramer and David Arian will fill two vacancies that were created over the past several months on [...] David Arian Retired longshoreman and San Pedro native David Arian was appointed today to the Los Angeles Board of Harbor Commissioners, filling the spot vacated earlier this month by Joseph Radisich. If confirmed by the full City Council, the former international president of the International Longshore and Warehouse Union during the early [...] Los Angeles Mayor Antonio Villaraigosa on Wednesday named his former chief of staff, Robin Kramer, as his newest appointee to the Board of Harbor Commissioners. The five-member volunteer harbor panel oversees the Port of Los Angeles and is chaired by Cindy Miscikowski, a former member of the City Council. The commission is supervising efforts to [...] In the latest instance of a finance veteran moving into the political sphere, Austin Beutner, a co-founder of Evercore Partners and former partner of the Blackstone Group, has been tapped by Mayor Antonio Villaraigosa of Los Angeles to guide his effort to attract for more business to the city, The Los Angeles Times reported. Mr. [...] |
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