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Up to $1.2 billion federal grant to California will help power supply chain’s zero-emissions future

Carrier partners supporting plan have set goals to deploy reduced or zero lifecycle carbon capable ships by 2025

Imports, exports rise as Los Angeles Port shows first YoY gains in 13 months

Port of Los Angeles moved 833,035 TEUs in June, its best performance since last July

PMA, ILWU agree to tentative 6-year contract at all 29 West Coast ports; details not announced

Corridor to support transition to low- and zero-emission fuels by ships calling at Singapore and San Pedro Bay ports

Poor numbers confirm that U.S. importers continue to cut back on imports from Asia & run down inventories: Drewry

January 2023 imports declined 13% to 372,040 TEUs at Port of Los Angeles, down 32% to 263,394 TEUs at Port of Long Beach

"Since the programme was announced on Oct 25, 2021, the two ports have seen a combined decline of 92% in ageing cargo."

Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

While container freight spot rates are dropping, U.S. imports continue to be strong.

OSRA 2022 establishes additional requirements and prohibited conduct for ocean carriers.