Port traffic will grow in 2007

One big reason for the increase is that the Port of Los Angeles now has the capacity to accept mega-ships carrying 8,000 containers, almost double the capacity on older ships. Volume should be up 5-6 percent, while the Port of Long Beach, which can also handle the really big ships, is looking at a 6-10 percent jump. As reported by California Apparel News, more megaships mean more capacity and that will probably result in lower rates for shipping goods from overseas factories. It's a different story once goods are off the docks. Rail capacity has been stretched because of staffing shortages and older equipment. That's creating capacity problems and higher rates.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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