LA Biz Observed
 
Bio • Email • Archive
 

 

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
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
6:50 PM Thu | Largest crowd for a Walk of Fame star ceremony that many could remember, outside the Capitol Records tower on Thursday. Photo by Gary Leonard.