Los Angeles Harbor Department Approves $2.6 Billion Budget for FY 2024/25

The Los Angeles Harbor Commission has given the green light to a $2.6 billion budget for the City of Los Angeles Harbor Department for the fiscal year 2024/25. This financial plan supports key priorities of the Port of Los Angeles, including community investment, decarbonization efforts, workforce development, and cargo infrastructure modernization.

Commission President’s Statement

Lucille Roybal-Allard, President of the Los Angeles Harbor Commission, expressed confidence in the budget,...


Port of LA opens promenade to connect community to waterfront

The Port of Los Angeles recently opened a waterfront promenade on its property, giving the nearby community unprecedented access to the water and sweeping views of the port’s activities.

The $77 million Wilmington Waterfront Promenade is the second phase of connecting the Wilmington community, located adjacent to the port, to the waterfront. The 9-acre promenade opened in February after more than three years of construction. Until this project, which port officials have deemed “transformational...


July Volume Dips: POLA and POLB Experience Yearly Decreases

Credits: Port of Melbourne

July volumes, for the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) saw declines, according recently issued by each port.

POLA July Volume

Total POLA volume, at 684,291 TEU (Twenty-Foot Equivalent Units), saw a 26.85% annual decline compared to the record-setting July 2022, at 935,423 TEU. July’s tally was roughly 18% below June’s 833,045 TEU, marking the highest-volume month going back to July 2022, which was an all-time record month for POLA.

POLA imports...


Is inflation crushing e-commerce volume growth?

Walmart on Thursday announced layoffs affecting approximately 200 employees in its Bethlehem, Pennsylvania, fulfillment center. Earlier in the week, Amazon CEO Andy Jassy announced that the e-commerce giant would cut 9,000 jobs, the latest in a string of layoffs.

Something’s happening in e-commerce, but it’s difficult to disentangle all of the data: Census Bureau numbers on seasonally unadjusted e-commerce retail sales were up 6% year over year (y/y), but they’re only current as of the fourth...


Latam Cargo launches flower flights to Los Angeles

Latam Airlines Group has opened a new all-cargo route connecting Los Angeles and Houston to South America to support exporters of flowers and industrial products. 

Latam Cargo, which operates 17 Boeing 767-300 freighters and plans to add four more by 2024, announced Thursday it is offering twice-weekly frequencies on the following route: Quito, Ecuador; Los Angeles; Houston; Manaus, Brazil; and Sao Paulo. The number of flights will increase to four times per week in the second half of the year...


Container Imports Tumble At US Ports

Credits: motomoto sc

January import volumes at the ten largest US container ports fell 17.9% against the record throughput of January last year, with the biggest declines at west coast ports, says an article published on The loadstar.

Anticipated recovery

And with an expected “significant volume decline” this month too, US box ports are preparing for a tough first six months before an anticipated recovery in the second half of the year.

Worst performer

According to the latest McCown container...


Puerto de Los Ángeles sigue en el primer puesto de los puertos de EE.UU.

Según Alphaliner, el Puerto de Los Ángeles confirmó que manejó 9,9 Mteu en 2022, su segundo mejor desempeño anual pero una caída del 7,2 % con respecto al año anterior, ya que la congestión y las negociaciones laborales empujaron a los transportistas a diversificar sus escalas en EE. UU. No...


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