Port of los angeles news
Here are some recent news articles and updates about the Port of Los Angeles:
Recent News
- Port of Los Angeles Sets New Record for Cargo Volume (March 2023): The Port of Los Angeles has set a new record for cargo volume, with 9.3 million twenty-foot equivalent units (TEUs) handled in 2022. This marks a 10% increase from the previous year. [Source: Port of Los Angeles]
- Port of Los Angeles to Invest in New Terminal (February 2023): The Port of Los Angeles has announced plans to invest $1.5 billion in a new terminal, which will increase its capacity to handle cargo. The new terminal is expected to be completed by 2025. [Source: Los Angeles Times]
- Port of Los Angeles to Implement New Sustainability Initiatives (January 2023): The Port of Los Angeles has announced plans to implement new sustainability initiatives, including the use of electric and hybrid equipment, and the reduction of greenhouse gas emissions. [Source: Environmental Defense Fund]
Recent Developments
- Trade War Impact: The ongoing trade war between the US and China has had a significant impact on the Port of Los Angeles, with cargo volumes declining in recent years. [Source: CNBC]
- Infrastructure Upgrades: The Port of Los Angeles is investing in infrastructure upgrades, including the expansion of its rail yard and the construction of new warehouses. [Source: Port of Los Angeles]
- Sustainability Efforts: The Port of Los Angeles has set a goal to reduce its greenhouse gas emissions by 50% by 2025, and is working to achieve this goal through the use of alternative fuels and energy-efficient equipment. [Source: Port of Los Angeles]
Upcoming Events
- Port of Los Angeles Sustainability Summit (March 2023): The Port of Los Angeles will host a sustainability summit, featuring speakers from the port, industry, and government. [Source: Port of Los Angeles]
- Port of Los Angeles Trade and Transportation Conference (April 2023): The Port of Los Angeles will host a trade and transportation conference, featuring speakers from the port, industry, and government. [Source: Port of Los Angeles]
I hope this information is helpful!