Port of L.A. Approves $1.17 Billion Budget to Help Terminals Better Handle Trucks, Ships

June 07, 2017

The Los Angeles Board of Harbor Commissioners approved a $1.17 billion budget to cover infrastructure improvements and reduce the wait time truckers face when doing business at the largest port in North America. Port officials estimate that container traffic will grow 5.6% during the next fiscal year. On a calendar basis, Los Angeles handled 8.9 million industry-standard 20-foot-equivalent units, or TEUs, in 2016, a record for the Western Hemisphere. In 2017, the port is on pace to break the record again, up 10% through April.

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