INFRASTRUCTURES * USA - Los Angeles Port's Rivals Make Gains
Los Angeles,CAL,USA -The Wall Street Journal, by NICHOLAS CASEY -APRIL 14, 2009: -- Next month, shipping giant AP Moeller-Maersk will make a move that would have been unlikely a decade ago. A line of 6,000-container ships that now goes to Southern California will dock in Seattle instead... While that represents a small fraction of the eight million containers handled annually at the Port of Los Angeles, it is an example of how the nation's largest port is coming under pressure as volumes drop. New regulations, such as tougher environmental restrictions, have made the port more fuel efficient, but the additional costs have made it more vulnerable to losing market share of U.S.-bound goods... Container volume at Los Angeles was down 6% in 2008 and fell 32% in February from a year earlier. The hub of roughly 42,000 jobs is preparing for possible midyear budget cuts, and many longshoremen are working part-time. Other ports have seen large declines, too... This drop in volume comes just as ports from Portland, Ore., to British Columbia (CAN), are rolling out new infrastructure in a bid to grab more of the container business. Some offer quicker transport times from Asia, or fewer environmental restrictions on trucks -- pitches that are increasingly compelling in the global trade slowdown...
* Long Beach Middle Harbor Passes Green Test - Board unanimously approves Environmental Impact Statement

Labels: infrastructures
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