From the Long Beach Post:
Exports at the Port of Long Beach (POLB) surged 14.8 percent in August compared to the same month last year, while overall volumes were down due to lower imports, the port announced today.
Harbor terminals moved 641,029 twenty-foot equivalent units (TEUs) last month, an 8.9 percent year-over-year decrease. Of those, [...]
From the OC Register:
One of the nation’s busiest seaports will set aside extra room on its docks to accommodate some of the estimated 7,000 cargo containers with nowhere to go after the collapse of Hanjin Shipping Co., officials said Wednesday.
“I think within the next day or so, we’ll have issued entitlements to our [...]
From the Long Beach Press Telegram:
A second Hanjin vessel will dock and unload at the Port of Los Angeles after more than a week stranded off the Southern California coast, according to the Marine Exchange of Southern California.
The move raised hopes that gridlock could be easing after a U.S. bankruptcy judge issued an [...]
From the Long Beach Post:
Port of Long Beach (POLB) CEO of little more than two years Jon Slangerup has announced his resignation, effective October 28.
Slangerup’s resignation comes after accepting a position as chairman and CEO of an aviation technology, a job he will begin on October 31, 2016, according to a release issued [...]
Maersk Line and MSC, who make up the 2M network, have moved to snaffle up business that was previously controlled by defunct Hanjin Shipping.
Maersk Line is introducing a new service between Asia and the United States West Coast starting on 15 September. The TP1 service will be calling Yantian, Shanghai, Busan and Los Angeles/Long [...]
The Port of Long Beach (pictured) is just one of many ports no longer accepting new Hanjin imports or exports. Credit: Port of Long Beach
From Port Strategy:
The bankruptcy of the Hanjin Shipping line is already causing turmoil at ports in the US and beyond; cargo continues to be delayed at the point [...]
Because Hanjin, the world’s seventh-largest shipping line, cannot pay ports and terminals to unload, ships filled with merchandise have sat idle for days. As of Sunday, officials said one massive container ship was still drifting 50 miles south of the Long Beach and Los Angeles ports; another ship was anchored at the Port of [...]
LA Times reports that Hanjin, ”like other large shipping lines, has struggled with overcapacity brought on by a massive ship building boom and sluggish demand.”
From the Los Angeles Times:
Hanjin Shipping Co. vessels are languishing off the ports of Los Angeles and Long Beach, delaying the delivery of goods following a bankruptcy filing [...]
From the Press-Telegram:
”Los Angeles is home to the busiest port complex in our nation and the region is responsible for moving 40 percent of the nation’s cargo trade,” wrote Congresswoman Janice Hahn. ”It is where the freight network begins and ends and should have been an obvious choice for a grant.”
Local lawmakers are [...]
From the Daily Breeze:
Big rigs are rolling in and out of the Los Angeles and Long Beach ports faster thanks in part to the wider use of a trucker appointment system, according to marine terminal operators that run the gate system.
So-called turn times, the minutes it takes for a trucker to pull into [...]
From the Wall Street Journal:
The Oakland City Council voted Monday to ban the handling and storage of coal and coke at the city’s terminals and bulk material facilities. The unanimous vote came after a long, packed city council meeting; advocates and opponents of the ban demonstrated outside. A second, largely procedural, vote is expected [...]
Excerpts from Southern California Public Radio:
After a massive nine-year, $5.4 billion expansion, a considerably larger Panama Canal opens Sunday.
But executives at the ports of L.A. and Long Beach, as well as those who study trade, don’t predict this new expansion will hurt Southern California’s port business.
Here are three reasons why:
Port of Long Beach Pier B rail yard
The Port of Long Beach (POLB) saw its second-busiest May in the port’s 105-year history, bringing in 640,566 TEUs, according to a report released Tuesday.
Container cargo numbers improved slightly last month, rising 0.8 percent compared to May of last year when the docks were still [...]
Consolidation of shipping lines, realignment of carriers alliances, environmental improvements in the shipping industry and achieving supply chain efficiencies were all among topics addressed during the U.S.-China Bilateral Maritime Consultations held in Los Angeles last week.
Federal Maritime Commission (FMC) Chairman Mario Cordero co-headed the U.S. delegation to the meeting with Deputy Maritime Administrator Michael [...]
Port truck drivers on strike for nearly a week will return to work Monday afternoon after picketing Monday at the ports of Los Angeles and Long Beach, a union official said.
The job action was taken to protest their “misclassification as independent contractors and other labor law violations,” said Teamsters Union spokesperson Barb Maynard. Port [...]