Port of LA will pay container terminals for efficiency gains

The Port of Los Angeles is willing to pay out $7.5 million to San Pedro Bay container terminals over the next year if they turn trucks faster.

“We see this as an investment in our efficiency,” a port spokesman told American Shipper Wednesday.

The port announced this week that beginning Feb. 1, it will reward container terminals for both improving truck turn times and completing dual transactions.

The port said the incentive program is designed to help move trucks faster and more efficiently...

https://www.freightwaves.com/news/port-of-la-will-pay-container-terminals-for-efficiency-gains

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