The Port of Los Angeles processed 939,597 Twenty-Foot Unit (TEUs) containers in July 2024, an increase over the 684,291 TEUs it processed in July 2023, according to Eugene Seroka, Executive Director, Port of Los Angeles.
Seaports play a critical role in global trade and economic growth as they handle the bulk of the world’s cargo. Further, with ongoing attacks on the Red Sea and rising geopolitical tensions, it is now more important than ever for port operators to have proper documentation in place for the efficient and effective management of their terminals.
Toyota is developing a next-generation solid-state battery that will have a range of 900 miles per charge and is projected to be in commercial development by 2027-2028, according to a Toyota spokesperson.
In an interview with AJOT, Adam Stern, Executive Director, Offshore Wind California (OWC), cited a number of California initiatives which he believes will speed up development of floating offshore wind farms and meet California’s ambitious goal of generating 25 gigawatts (GW) of electricity by 2045.
Kamaka Air, the 25-year old interisland air cargo airline that recently hired two former Southwest Airlines senior executives to expand the carrier’s footprint, will not jump into the Hawaii to US West Coast market to fill in the void left when Aloha Air Cargo bailed out of the Honolulu to Los Angeles route earlier this year.
Sailing times from China to U.S. West Coast ports are averaging twenty days faster than to U.S. East Coast ports, according to the supply chain logistics platform Flexport.
Ports must counter soaring levels of cargo theft with more robust insurance and security measures, warns Ed McNamara, CEO of global port insurer Armada Risk Partners.
At the South Korean port city of Busan, a prototype 15-acre floating community is being designed as a possible defense against sea level rise, according to Marc Collins Chen, co-founder of New York-based Oceanix, the project developer. OCEANIX, a blue tech company based in New York, led a team of designers, engineers, and sustainability experts in designing the flood-proof prototype.
Twenty centuries after archeological excavators unearthed the first warehouse—140 rooms covering 225,000 square feet—on the banks of Rome’s Tiber River, San Francisco’s Prologis Inc. introduced the first multi-story storage structure in the US.
The global markets, which had faced a slowdown during the pandemic, are recovering and opening up to increased imports of textiles and garments, even though imports still remain below the pre-pandemic levels.