The Port of Los Angeles announced a new cargo record for the fifth consecutive month in August, moving 861,081 TEUs and recording the busiest August in its 112-year history. On this occasion, the head of the Port called for an end to US-China trade war for global trade stability to be restored.
As CNBC informs cargo is piling up in the Port of Los Angeles, as retailers have been front-loading products in light of the approaching tariffs. Following President Trump’s announcement on new tariffs of 10% on the remaining 300 billion Dollars of goods and products coming from China, the port saw an unprecedented increase of incoming cargo.
Proceeding with its plans to establish a first-of-its-kind Cyber Resilience Center, the Port of Los Angeles launched a Request for Proposal seeking companies or firms interested in designing, installing, operating and maintaining the planned Center.
The Port of Los Angeles is moving ahead with an automation project for Pier 400, the port’s largest terminal, after the International Longshore and Warehouse Union (ILWU) and APM Terminals agreed to set up a workforce training program to prepare workers for the jobs of the future.
The US Port of Los Angeles announced that June 2019 was the busiest June in the Port’s 112-year history, moving 764,777 TEUs. Six months into 2019, overall volumes have increased 5.3% compared to 2018, when the Port set an all-time cargo record.
APM Terminals has in its plans to add electric automated straddle carriers to its Pier 400 facility in the Port of Los Angeles. This move has raised protests by longshore union leaders, who asked the city’s council to intervene, as they believe that longshoremen will lose hundreds of shifts per day, because of the new technology.
The Port of Los Angeles issued a letter to U.S. Trade Representative Robert Lighthizer, commenting that the impacts that will come from the proposed tariffs include higher consumer prices, lower profitability for American firms, and uncertainty in the maritime supply chain.
According to Port of Los Angeles’ statement, it moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8% in comparison to the same period last year.
Policy, process management, and investment are considered the key challenges for cross-border activity, according to Gene Seroka, Executive Director, Port of Los Angeles. He explained that the Port of LA has seen a large amount of imports over the last year, but its exports were reduced due to retaliatory tariffs.
Foss Maritime’s Michele Foss departed the Port of Everett on Wednesday, May 15, sailing to Port of Los Angeles to pick up two gantry cranes for use at the Port’s modernized South Terminal. The $57 million South Terminal Modernization project will ensure the Port’s facilities are ready to support the next generation of over-dimensional cargo, including aerospace parts for the new 777X.
