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CALIFORNIA | LOCAL
December 24, 1989 | SHERYL STOLBERG, TIMES STAFF WRITER
One Monday in October, Greg Smith arrived at work to find his Freddie Krueger dolls missing--all 3,700 of them. The dolls--$92,000 worth of stuffed likenesses of the gruesome "Nightmare on Elm Street" film character--had come from Taiwan, via the Port of Long Beach. Like much of the merchandise imported today, they were packed in a cargo shipping container. Upon its arrival, the container was loaded by crane onto a trailer.
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CALIFORNIA | LOCAL
December 11, 2011 | By Kate Linthicum, Los Angeles Times
Protesters from Occupy L.A. and other groups plan to form a picket line at the Port of Long Beach on Monday to try to shut down traffic at at least one shipping terminal. Similar actions are planned at ports up and down the West Coast. The target of the Long Beach protest is SSA Marine, a shipping company. Occupy L.A. demonstrator Michael Novick said protesters chose SSA Marine because "they embody all the ills of this economic regime we live under. " Protesters say SSA Marine has engaged in unfair labor practices and pursued objectionable environmental policies.
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BUSINESS
September 19, 2008 | Ronald D. White, Times Staff Writer
Dismissing rumors of a sale of troubled American International Group Inc.'s cargo terminal operations at several U.S. seaports, the head of the group that manages those facilities said Thursday that they were insulated from AIG's financial troubles and wouldn't be put on the auction block. "We are legally and financially separate," said Stephen Edwards, chief executive of Iselin, N.J.-based Ports America Group, which is owned by the private equity firm AIG Highstar Capital.
BUSINESS
September 19, 2008 | Ronald D. White, Times Staff Writer
Dismissing rumors of a sale of troubled American International Group Inc.'s cargo terminal operations at several U.S. seaports, the head of the group that manages those facilities said Thursday that they were insulated from AIG's financial troubles and wouldn't be put on the auction block. "We are legally and financially separate," said Stephen Edwards, chief executive of Iselin, N.J.-based Ports America Group, which is owned by the private equity firm AIG Highstar Capital.
BUSINESS
May 10, 2007 | From Times Staff and Wire Reports
Insurance giant American International Group Inc. agreed to buy San Francisco-based MTC Holdings and its 32 seaport terminals. The deal includes facilities at the ports of Los Angeles and Long Beach. Terms weren't disclosed. MTC Holdings, one of the nation's largest independent terminal operators, will continue to manage the facilities, which are expected to handle about 8 million containers this year. In December, AIG agreed to buy the leases to Dubai Port World's terminals in Newark, N.J.
BUSINESS
December 15, 2000 | Stephen Gregory
The number of import containers at the Port of Los Angeles fell below 200,000 in November for the first time in eight months, marking the shipping industry's traditional end-of-the-year import slowdown. Most imported goods earmarked for the holiday shopping season arrived by the end of October, which set the port's single-month record for inbound cargo at 251,000 20-foot-long shipping containers. November's tally was a relatively quiet 199,400, port officials said.
NEWS
February 8, 1990 | PATRICK LEE, TIMES STAFF WRITER
The tanker that spilled oil off the coast of Huntington Beach on Wednesday night was one of as many as two dozen tankers that sail the waters off Southern California in any given 24-hour period, industry officials said. "It's a busy coast," said Joseph Bradarich, manager of BP Oil Shipping, the company that chartered the tanker. "We're not the only company chartering ships out the coast here, and I'd describe the traffic as moderate to heavy."
BUSINESS
April 11, 2006 | Ronald D. White, Times Staff Writer
To avoid a repeat of a strike that idled Canada's busiest port for five weeks last summer, officials in Vancouver have borrowed a strategy pioneered in Southern California: extending the hours that terminal gates are open. The idea is to keep truckers happy by reducing congestion so that drivers can make better money hauling even more steel containers crammed with imported goods. But so far, Vancouver has found the extended hours to be a tough sell.
NEWS
April 27, 1990 | STEVEN R. CHURM, TIMES STAFF WRITER
A U.S. Coast Guard investigation of February's tanker accident that dumped 394,000 gallons of oil off the Orange County coast has led to restrictions on a Huntington Beach mooring, which may ultimately limit tanker traffic at similar offshore oil depots in California. Under the new rules, there must be at least six feet of clearance between the vessel and the sea floor or any known obstruction, such as an anchor.
BUSINESS
September 16, 1998 | JAMES FLANIGAN
Long Beach is about to lose the chance to lease a terminal through its port to a major shipper, China Ocean Shipping Co., or Cosco, because a congressman from San Diego created a piece of legislation that prevents Long Beach from doing so. That's a loss to Long Beach because the community could have benefited to the tune of $20 million a year. Cosco would have leased a whole terminal on the site of the former U.S.
BUSINESS
May 10, 2007 | From Times Staff and Wire Reports
Insurance giant American International Group Inc. agreed to buy San Francisco-based MTC Holdings and its 32 seaport terminals. The deal includes facilities at the ports of Los Angeles and Long Beach. Terms weren't disclosed. MTC Holdings, one of the nation's largest independent terminal operators, will continue to manage the facilities, which are expected to handle about 8 million containers this year. In December, AIG agreed to buy the leases to Dubai Port World's terminals in Newark, N.J.
TRAVEL
January 28, 2007 | Eric Lucas, Special to The Times
SURROUNDED by the West Coast's only inland sea and two snowcapped mountain ranges, Seattle has one of the most scenic settings in the United States. Along with its beauty, it offers visitors plenty of activities, indoor and outdoor. It's a good place to spend a day or more pre- or post-cruise. Seattle rose to international prominence because of its waterfront; its location along Puget Sound is still the city's most prized facet.
CALIFORNIA | LOCAL
January 13, 2007 | Dan Weikel, Times Staff Writer
Retreating from his own dismissal order, a federal judge has granted a harbor-area activist the chance to reopen a lawsuit alleging that the Port of Los Angeles misappropriated $1.2 billion in government funds to build a giant cargo terminal. U.S. District Judge S. James Otero ruled this month that Stanley D. Mosler of Rancho Palos Verdes can resume his false-claims case if he withdraws an appeal and hires an attorney for the rest of the litigation.
BUSINESS
November 25, 2006 | From the Associated Press
The Ontario Teachers' Pension Plan, a Canadian retirement fund manager, agreed to buy four marine container terminals in the New York area and in British Columbia from Hong Kong-based Orient Overseas (International) Ltd. for $2.4 billion. Combined annual sales of the operations total about $500 million. They are the New York Container Terminal on New York's Staten Island and Global Terminal and Container Systems Inc. at the Port of New Jersey.
BUSINESS
August 31, 2006 | Ronald D. White, Times Staff Writer
For some 12,000 California dockworkers, the ship has come in. West Coast marine terminal operators have agreed to pay $12.9 million to settle a class-action lawsuit brought by nonunion dockworkers who claimed that they were being shortchanged on their hours and paychecks.
BUSINESS
April 11, 2006 | Ronald D. White, Times Staff Writer
To avoid a repeat of a strike that idled Canada's busiest port for five weeks last summer, officials in Vancouver have borrowed a strategy pioneered in Southern California: extending the hours that terminal gates are open. The idea is to keep truckers happy by reducing congestion so that drivers can make better money hauling even more steel containers crammed with imported goods. But so far, Vancouver has found the extended hours to be a tough sell.
CALIFORNIA | LOCAL
October 11, 2001 | From Times Staff Reports
The Los Angeles Board of Harbor Commissioners on Wednesday approved a Chinese shipping company's plans for a 110-acre container terminal at the port, over the objections of environmental and community groups. The commission voted 4-1 to approve the project for China Shipping and Holding Co. Ltd. to build and operate two wharves for as many as 600 container vessels a year.
BUSINESS
October 28, 1997 | From Times Wire Services
The Federal Maritime Commission on Monday reached a compromise agreement with Japanese shipping lines that appeared to bring an end to a dispute that had threatened to close U.S. ports to Japanese ships. Under the agreement, the Japanese carriers agreed to pay $1.5 million of an original $4-million fine the commission had imposed after the Japanese government refused to reform its port practices. At issue was the stranglehold the Japan Harbor Transportation Assn. maintains over port operations.
BUSINESS
June 23, 2005 | From Bloomberg News
CNF Inc.'s Con-Way Transportation, the biggest regional trucker in the U.S., said Wednesday that it would add six freight distribution terminals in Mexico, building on increased trade between the countries. The terminals, in Mexico City, Nuevo Laredo, San Luis Potosi, Queretaro, Monterrey and Guadalajara, will open July 4, Con-Way said. Con-Way has had sales offices in Mexico since 1992. CNF is expanding after U.S.-Mexico trade rose 10% in the first quarter and 5.
CALIFORNIA | LOCAL
June 8, 2004 | Deborah Schoch, Times Staff Writer
ChevronTexaco has approached the Marine Corps about building a liquefied natural gas terminal off the coast or on land at Camp Pendleton, provoking vehement opposition from the commanding general of one of the nation's best-known Marine bases, Marine officials said. The Marines also oppose Camp Pendleton being listed as an alternative site for an LNG terminal proposed by the Australian energy company BHP Billiton off the shore of Ventura County.
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