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US-China Tariff Truce May Not Revive Imports, Says Port Of LA Chief: 'You're Not Going To Be Frontloading At 30%'
Wednesday, May 14, 2025 - 8:57am | 469The Port of Los Angeles, one of the largest import gateways in the U.S., has issued a warning that the recent reduction in tariffs on Chinese goods may not be enough to reverse the declining cargo volume. What Happened: Cargo volumes at the Port of Los Angeles have been on a downward trend. To...
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Recession Could Originate At The Port Of Los Angeles, Warns Economist, Calling Tariff Decision A 'Misapplied Consumption Tax' On Households
Wednesday, May 7, 2025 - 10:00am | 556In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment. What Happened: Brusuelas expressed concern that inconsistent tariff policies could set off...
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Port Of LA Reaches 10 Million-Container Milestone
Thursday, June 10, 2021 - 4:43pm | 654The Port of Los Angeles on Thursday became the first port in the Western Hemisphere to process 10 million container units in a 12-month period. LA Mayor Eric Garcetti, longshore labor leaders and port officials were among those gathered at the Fenix Marine Services Terminal to watch as the 10...
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Seroka Working To Stem Tide Of Market Share Loss
Thursday, July 16, 2020 - 6:55pm | 1472The always cool and collected Gene Seroka nearly got fired up when talking about Southern California ports' loss of market share during a press conference on cargo volumes. Seroka, executive director of the Port of Los Angeles, gave a more than three-minute response when asked Wednesday about what...
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Seroka: Information Flow Vital For Ocean Container Moves
Thursday, May 21, 2020 - 4:22pm | 565Water may not be the most vital element to U.S. ports' success. Perhaps it's a cloud, if you will. "We are calling for a nationwide port community system. We need to be able to get containers to our export market, to our ag co-ops and many others and match them up with rail and truck services, the...
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Markets In Turmoil: COVID-19 Coronavirus Complicates Shipping; 'We Will Need To Reinvent Ourselves'
Tuesday, May 12, 2020 - 10:35am | 1154The Port of Los Angeles loses approximately $400,000 in revenue with each canceled sailing. With 28 blanked sailings forecast for the remainder of the second quarter through June 30, that's $11.2 million in revenue the port won't collect. "But the story is much greater than that," said Port of LA...
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Port Of LA March Cargo Volume Drops Nearly 31%
Wednesday, April 8, 2020 - 5:55pm | 484The Port of Los Angeles reported a year-over-year March volume drop of 30.9%. The port said Wednesday it moved 449,568 twenty-foot equivalent units (TEUs) in March. That's the lowest amount of monthly cargo moved through the port since February 2009. "We've had two serious shocks to our supply...
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Port Of LA Leader Tasked With Lifesaving Logistics For City
Friday, April 3, 2020 - 3:17pm | 672Port of Los Angeles Executive Director Gene Seroka has a weighty task — procurement and distribution of medical supplies critical to the fight against the coronavirus. LA Mayor Eric Garcetti earlier this week named Seroka the city's chief logistics officer. "How do we help local hospitals that...
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Los Angeles/Long Beach Ports Approve Container Fee To Spur Clean Truck Usage
Thursday, March 12, 2020 - 9:49am | 1035A report for the dual ports of Los Angeles and Long Beach last month backed implementing a Clean Truck Fee (CTF) at a modest level, calling it "the most prudent course of action" to bring new clean vehicles into the system and provide a fund to help with the goal of that transition. On Monday, the...
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Port Of LA Taking "Substantial" Hit From Coronavirus
Tuesday, March 3, 2020 - 4:35pm | 586Executive Director Gene Seroka expects year-over-year cargo volume at the Port of Los Angeles to plunge 15% in the first quarter as a result of the coronavirus. "Forty vessel sailings have been canceled from Asia, mainly China, to the Port of Los Angeles from Feb. 11 through April 1. Those 40...
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Ports Of LA And Long Beach Seek Neighborly Advice
Thursday, February 27, 2020 - 12:08pm | 810The Ports of Los Angeles and Long Beach have agreed to be helpful neighbors instead of San Pedro Bay rivals. The ports' harbor commissions have signed an agreement to collaborate on issues they both face, from cargo movement efficiency to workforce development to cybersecurity. The ports'...
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Port Of Los Angeles September Volumes Lower Than In 2018
Friday, October 11, 2019 - 10:58am | 406The Port of Los Angeles said its terminals handled 779,903 TEUs in September 2019, a 2.7% decline from the same month last year. In contrast, volumes at the port are up 4.7% year-on-year in the first nine months of 2019 to about 7.1 million TEU. "The ill-advised U.S.-China trade war continues to...
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Port Of Los Angeles OKs Report For West Basin Container Terminal
Wednesday, October 9, 2019 - 1:56pm | 856The Port of Los Angeles Harbor Commission has unanimously voted to certify a final supplemental environmental impact report (SEIR) for the berths 97-109 (China Shipping) container terminal project. Gene Seroka, the executive director of the port, said that certification of the report was "...
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Toll Group Gets LA Port's OK To Run Old Cal Cartage Warehouse
Wednesday, October 9, 2019 - 10:11am | 331Third-party logistics provider Toll Group will move into a Los Angeles warehouse after the warehouse's former tenant was denied a lease renewal from the city. The Port of Los Angeles approved Toll Global Forwarding to occupy a port-owned 85-acre container yard and 600,000-square-foot warehouse on...
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Talking Across The Fence
Monday, September 23, 2019 - 4:52pm | 1220The Port of Los Angeles has provided some details on a proposed memorandum of understanding (MOU) with the Port of Long Beach aimed at improving efficiency at the nation's two largest ports. Speaking to the Port of Los Angeles Board of Harbor Commissioners on Sept. 19, Mike DiBernardo, deputy...