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BUSINESS
January 14, 2009,
Mexico will postpone construction of its planned Punta Colonet port on the Pacific Coast and may scrap the project entirely as interested bidders struggle to find financing for the $4.88-billion complex. The first simultaneous recession in the U.S., Japan and Europe since World War II has led to a 30% drop in port traffic on the U.S.

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BUSINESS
October 17, 2009 | By Ronald D. White
In another sign of how deep the global recession has become, the ports of Los Angeles and Long Beach on Friday reported their worst combined import statistics for September in nine years. September is often the busiest month at the nation's biggest port complex, making it one of the best barometers of the health of the economy and international trade. The port of Los Angeles received 309,078 containers packed with imported goods in September, representing a decline of 16% from the same month last year and 27% from September 2006, L.A.'s best month ever for imports.
BUSINESS
February 23, 2009 | By Ronald D. White
An ambitious plan to clean up once-filthy air around the ports of Los Angeles and Long Beach has shifted into high gear. Hundreds of 1988-and-older trucks have been banned since October. Others that don't meet 2007 air pollution standards began paying a $70 fee last week each time they haul cargo to and from the ports. This week, the first of a fleet of electric trucks will debut.
BUSINESS
June 16, 2009 | By Ronald D. White
Traffic at the nation's busiest seaport complex showed another steep drop in May compared with the same month in 2008, although some economists say the ports could begin to recover late this year. Last month, container imports at the Port of Los Angeles, the nation's busiest, were down about 18%. Exports from the port were down 7.1% for the month, dropping by the equivalent of about 150,000 cargo containers. Through May, imports to the port were down 17.7% to about 1.
BUSINESS
March 26, 2009 | By Ronald D. White
The worldwide economic storm might ease by the end of the year, an economist told a gathering Wednesday of international shipping lines, terminal operators, retailers and trucking companies in Long Beach. "The very worst part of this particular business cycle is occurring in this quarter, but as we move forward through the rest of the year, the decreases will diminish until the fourth quarter, when we actually move into the positive range," said Joseph P.
BUSINESS
January 7, 2008 | By Jerry Hirsch,
Dianna Dapkins thought the Internet would be the perfect place to find a rare Croatian wine that her local merchants in rural Shelburne, Mass., don't stock. Sure enough, K&L Wine Merchants, an Internet retailer that also has stores in Hollywood and San Francisco, sells the Plenkovic Zlatan Plavac Barrique for $34.99. Dapkins clicked on the wine to buy it but said she was stunned when the website would not let her complete the sale. "It is really frustrating," she said.
BUSINESS
January 9, 2008 | By Ronald D. White,
The struggling U.S. economy has claimed some victims that few Americans have heard of. Copenhagen-based A.P. Moller-Maersk Group, the world's largest ocean shipping line, plans to lay off as many as 3,000 of its container division's 25,000 workers, in part because of a slowdown in U.S. trade in 2007. "The U.S. situation is a problem for us and for the entire industry," said Eivind Kolding, chief executive of Maersk Line, the company's container shipping division.
BUSINESS
January 17, 2008 | By Ronald D. White,
The ports of Los Angeles and Long Beach remained the nation's busiest seaport complex for cargo containers in 2007, even though they saw a decline in traffic for the first time in at least 20 years. But in a shift, exports grew as the dollar's declining value helped U.S. companies ride into new markets and to record-breaking sales. One of those benefiting was Los Angeles Grain Terminal in Long Beach, a 49-year-old company that packs cargo containers with grain from the Midwest for sale in Asia.
CALIFORNIA | LOCAL
January 21, 2008 | By Louis Sahagun,
Miguel had more reason than usual to be anxious as he drove his aging big rig out of the Port of Los Angeles' bustling China Shipping Terminal. By his own admission, his 24-year-old truck was dangerously overloaded. The suspension was shot, the tires nearly bald. Over his CB radio, other drivers barked warnings that the California Highway Patrol had set up several checkpoints nearby.
BUSINESS
March 5, 2008 | By Ronald D. White,
At Southern California's twin ports, there is a growing feeling that the economic tide has begun to turn. Imports are down. Experts expect another year of little or no cargo growth in 2008. And other harbors are getting serious about luring business away from Los Angeles and Long Beach, the nation's largest seaport complex, and other West Coast ports.
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