U.S. Questions Cosco"s Takeover of Cargo Terminal in Long Beach
A U.S. national-security review has raised concerns about Chinese state-run conglomerate Cosco Shipping taking control of a large container terminal in Long Beach, Calif., according to people familiar with the matter......»»
To Ease U.S. Concerns, Chinese Shipper Offers to Put California Terminal in a Trust
Chinese state-run shipping firm Cosco has offered to put a large container terminal in Long Beach, Calif., in a U.S.-run trust to allay U.S. national-security concerns about Chinese ownership of the facility......»»
Port of Long Beach posts record year during coronavirus crisis
Cargo traffic was pushed over the top by a record December and fourth quarter as well......»»
Pandemic Linked To Long Beach Drop In Cargo, Rise In Canceled Calls
The Port of Long Beach said it continued to feel the economic effects of COVID-19 in March with more canceled sailings and a decline in cargo containers shipped through the nation's second-busiest seaport. read more.....»»
Orient Overseas International Profits Swell With Long Beach Sale Proceeds
Orient Overseas (International) Limited (OTCMKTS:OROVY) said Monday it realized a $1.15 billion profit from the sale of the Long Beach Container Terminal (LBCT). read more.....»»
Truckers, dockworkers suffer as coronavirus chokes L.A., Long Beach ports cargo
Coronavirus reverberates across Southern California economy Coronavirus reverberates across Southern California economy.....»»
Canadian Pacific will store containers at NE Minneapolis site, upsetting neighbors
A years-long plan to redevelop Canadian Pacific's Shoreham Yards railroad terminal in Northeast Minneapolis is apparently kaput, as the railroad giant pulled the site from the market and announced plans to turn it into a storage site for empty cargo .....»»
Port Of Long Beach Offers Incentives To Attract More Container Cargo
The Port of Long Beach is instituting an incentive program to attract more containerized cargo through its terminals, a year after the Port of Los Angeles launched a similar program. read more.....»»
June imports fall at top U.S. hub for China ocean trade
The Los Angeles and Long Beach port complex, the nation's busiest and the No. 1 for ocean trade with China, - handled 5.1%fewer inbound containers of cargo in June, as the trade standoff between Washington and Beijing disrupts global supply chains......»»
OOCL Sells Long Beach Terminal For US$1.78 Billion
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Port Report: Long Beach Container Terminal"s Automation Adding To Buyer Interest
One of the bigges.....»»
U.S. reportedly raises objections to state-run Chinese company taking control of Long Beach port terminal
U.S. regulators are reportedly raising objec.....»»
Could Industrial Real Estate Get Caught in Trade War Crossfire?
Logistics real estate experts say a prolonged trade-related slowdown in container cargo traffic at the 7,500-acre Port of Los Angeles (pictured), the nearby Port of Long Beach and other major ports could .....»»
Long Beach cargo logistics firm to pay $3.5 million in back wages and benefits
The U.S. Department of Labor said logistics f.....»»
Boeing is selling Long Beach property where it used to build cargo planes
Three years after Boeing Co. officially ended .....»»
Today"s Pickup: New Electric Option For Ford Chassis; Colorado Lowers Driving Age; Cargo Volumes Thrive In Long Beach
Good day, read more.....»»
Long Beach Hotel Housing "Homeless" Sparks Tuberculosis Outbreak As Health Emergency Declared
Long Beach Hotel Housing "Homeless" Sparks Tuberculosis Outbreak As Health Emergency Declared.....»»
Australian developer Goodman breaks ground on Long Beach industrial building
Building One of Goodman Commerce Center Long Beach will fit uses across the technology, aerospace, manufacturing and e-commerce retail industries......»»
EV startup secures FHWA grant
Funds to develop zero-emission vehicle charging stations at key U.S. ports in Los Angeles, Long Beach and Savannah, GA......»»
Senators show confidence in Johnson’s O’Hare rebuild plan
Johnson wants to change the sequencing of construction on the long-awaited Global Terminal and two new satellite concourses. Mayor Brandon Johnson’s plan to tweak the massive, delayed rebui.....»»
Rivian "Best Positioned EV OEM": Analyst Praises Long-Term Outlook, R2 Launch, With Short-Term Caution
Rivian Automotive gets a lowered price target from an analyst with questions lingering on demand for electric vehicles. La.....»»