More News . Nov. 17, 2022 - Buoyed by its continued strong finances and competitive position, the Port of Los Angeles has been upgraded to an AA+ bond rating with stable outlook on its outstanding bonds by S&P Global Ratings, the highest rating given to a seaport without taxing authority. "Forecasts for a market correction have been repeatedly kicked down the road," said Alphaliner on Tuesday. The Port has set monthly records in five of seven months in 2022. Supported byGoComet platforms real-time container trackingdata, our machine learning algorithm calculates congestion/delays at ports based on the turnaround times of these containers at a given arrival/departure port. Still, short warehouse space has caused delays in container pickup, with the average street dwell time being 10 days when it should be four, Seroka said. Satellite imagery over the ports of Long Beach and Los Angeles show a swarm of idle ships, waiting to offload their cargo. Schrap voiced support for the new queuing system, which he suspects will keep shippers coming here in the long term instead of committing to the other avenues. The Port of Los Angeles handled 876,611 20-foot equivalent units in June, making it the best June in the port's 115-year history. The congestion has led BNSF Railway Co., a unit of Berkshire Hathaway Inc. and one of the main rail operators connecting the U.S. West Coast to inland points, to limit the number of boxes the. July 22, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for another week, this time until July 29. GoComets port congestion tracker analyzes more than 45000 containerized shipments per month at major ports across US, EU, EMEA and SEA regions. Video courtesy of CNN International. May 16, 2022 - Voice of Americas Elizabeth Lee interviews Port of Los AngelesExecutive Director Gene Serokaon issues impacting currentsupply chain challengeson The Inside Story: Broken Supply Chains. Feb. 23, 2023 -Port of Los Angeles Executive Director Gene Seroka joins 'Squawk Box' to discuss the state of shipping in the Port of Los Angeles, how the lack of warehouse space has caused lower volumes and why cargo is moving away from the West Coast. April 8, 2022 - Fitch Ratings has affirmed the Port of Los Angeles' revenue bonds at 'AA'. What is the geographic coverage of port congestion data? Over the past year, private and public stakeholders have been successful in reducing congestion and ships at anchor, which will improve 2022 emissions. You can click on the "Sign in" option at the top of this page and then scroll down the login form that opens and click on "sign up" displayed at the bottom. The ports of Los Angeles and Long Beach are filled to capacity with ships - without the resources to unload and reload all the ships that are waiting. Is that possible? Tours will depart every 30 minutes from the Los Angeles Maritime Museum, located at 6th Street and Harbor Boulevard in San Pedro, beginning at 10:30 a.m. with the last tour departing at 3 p.m. July 13, 2022 - The Port of Los Angeles moved 876,611 Twenty-Foot Equivalent Units (TEUs) in June, edging out last year as the best June in the Ports 115-year history. Los Angeles (US: / l s n d l s / lawss AN-jl-s; Spanish: Los ngeles [los axeles], lit. 11150 Santa Monica Boulevard, Suite 350 Nov. 16, 2022 - Two Port of Los Angeles executives have been honored by WTS Los Angelesfor their outstanding leadership in promoting and advocating gender diversity within the global transportation industry. What does the various color schemes in the live data indicate? Dec. 16, 2022 - The San Pedro Bay ports of Long Beach and Los Angeles will phase out the option to collect a Container Dwell Fee on Jan. 24, 2023. April 12, 2022 - Port of Los Angeles Executive Director Gene Seroka joined International Longshore and Warehouse Union (ILWU) International President Willie Adams and ILWU Coast Committeeman Frank Ponce De Leon for a wide-ranging discussion on the key role labor plays in our nations cargo movement. June 10, 2022 12:02 PM PT The Port of Los Angeles, the United States' busiest, is preparing for the early arrival of the 2022 peak season for cargo as retailers stock up on back-to-school. With record quantities of containerized commerce, the port has maintained its position as the top port for more than two decades. Feb. 22, 2023 - Port of Los Angeles Executive Director Gene Serokalive in studio at Bloomberg TV to discuss the latest on cargo volume and ongoing labor talks. Loaded exports came in at 11,781 TEUs, a 9% decrease compared to the same period last year. June 10, 2022 - Bloomberg Washington Correspondent Joe Mathieu interviews Port of Los Angeles Executive Director Gene Serokaas President Biden visits America's busiest port. Subscribe to receive all email notifications from the Port of Los Angeles. April 1, 2022 - The Port of Long Beach and Port of Los Angeles announced today that consideration of the Container Dwell Fee will be delayed another week, until April 8. Additional details can be found here. The meeting will include a status update of the ports feasibility assessment studies of drayage trucks, Clean Truck Fund Rate implementation, ports annual emission inventories, and the Green Shipping Corridor. PORT OF LOS ANGELES POSTS RECORD MARCH,BEST FIRST QUARTER Watch Conversation With ILWU Leadership. SAN PEDRO , CA - SEPTEMBER 15: With holiday peak shipments approach their peak, cargo ship congestion continues at the Ports of Los Angeles and Long Beach as seen here from the Port of LA/Marine . The paid internship program runs from June 6 to August 12, and is open to college applicants currently enrolled in an engineering or architecture program. Aug. 2, 2022 -Port of Los Angeles Executive Director Gene Seroka discusses the Port's progress withcargo movement and shares his predictions for the remainder of the year with Julia Chatterley on CNN's First Move. Concern is growing again that longer cargo dwell times could mean a return of port congestion on the West Coast, Port of Long Beach Executive Director Mario Cordero said Monday, April 11, at the . On the evening of Tuesday, February 7, 2023, The Harbor Transportation Club (HTC), now a part of the Los Angeles Transportation Club (LATC), hosted the return of their Year-in-Review and 2023 Year Outlook. Dr. Dykes participated in a media briefing with Port of Los Angeles Executive Director Gene Seroka. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. China/Hong Kong, Japan, South Korea, Taiwan, and Vietnam are some of the top trading partners. These are container ships transporting. Funding for the Fiscal Year 2022/23 grants is provided through the Ports Community Investment GrantProgram, which ties grant funding to annual Port shipping and lease revenues. The program funds initiatives, programs and events that benefit the communities of the LA Harbor, promote the LA Waterfront and help support the Ports goals related to international trade, the environment, sustainability, public safety and security. Sept. 27, 2022 -In this video, Los Angeles Harbor Department employees and Commissioner Lucia Moreno-Linares reflect on the importance of celebrating Hispanic Heritage Month, especially in the City and Port of Los Angeles where hispanic communities have always been intrinsic to their history and success. Oct. 31, 2022 - In this video capping off Italian-American Heritage & Culture Month, Harbor Department employees and Commissioner Anthony Pirozzi reflect on the history, traditions, and culture of Italian Americans and the importance of carrying the influences of the past into the future. All the status updates about port congestion USLAX can be accessed through our Port Congestion Los Angeles data platform. Sept. 8, 2022 - The Port of Los Angeles has awarded an unprecedented $1,321,350 in grants to support 36 nonprofit organizations undertaking initiatives benefiting the communities of the Los Angeles Harbor area. The time between placing an order and when it is delivered is known as the “delivery lead time” in the supply chain. No strike has been announced. That day last September, there were 66 container ships crowded outside the ports of Los Angeles and Long Beach America's busiest port complex in addition to a couple of dozen unloading or. Jan. 19, 2023 - At his annual State of the Port address, Port of Los Angeles Executive Director Gene Seroka announced cargo volumes of nearly 10 million Twenty-Foot Equivalent Units for 2022, the second highest in the Ports 115-year history. Approximately $90 million is expected to be collected the first year, moving the San Pedro Bay port complex toward a goal of being serviced by a 100% zero-emission drayage truck fleet by 2035. The carrier service reports generated by the platform could help you identify the most reliable service providers. June 14, 2022 -Dr. Michael Dykes, President and CEO of the International Dairy Foods Association (IDFA), said Tuesday that exporting American dairy products around the globe has improved as a result of a new partnership between the IDFA, the Port of Los Angeles and CMA CGM, a world leader in shipping and logistics. April 11, 2022 -Los Angeles City Attorney Mike Feuer has named Steve Otera as General Counsel to the City of Los Angeles Harbor Department. He speaks on "Bloomberg Markets.". Dec. 6, 2022 -Port of Los Angeles Executive Director Gene Seroka discusses the state of the labor market, productivity and supply chains in the United States on Bloomberg Markets and Finance. July 20, 2022 -Port of Los Angeles Executive Director Gene Serokadiscusses the current state of the supply chain with Fox 11's Christina Gonzalez. Oct 28, 2022. The port complex has a long history of strikes and labor strife causing significant delays. Seroka added that, at the time of his briefing, there were 34 ships enroute to L.A., down from the typical mid-40s. Sept. 28, 2022 - The ports of Los Angeles and Long Beach will give a progress update on the San Pedro Bay Ports Clean Air Action Plan from 10 a.m. to noon on Wednesday, Oct. 12. Live Map of Vessels Outside the Port of LA and Port of Long Beach Courtesy of MarineTraffic.com, the following map shows a live feed of the unprecedented congestion outside the Ports of Long Beach and Los Angeles. July 14, 2022 The Port of Los Angeles will offer free harbor boat tours of Los Angeles Harbor on Saturday, July 30. That includes 343,462 import TEUs (down 27% from September last year), 288,731 empty TEUs (down 20%) and 77,680 export TEUs (up 2.5%). June 3, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will once again delay consideration of the Container Dwell Fee for another week, this time until June 10. Nov. 1, 2022 - Port bottlenecks a major driver of supply chain woes and inflation have largely returned to pre-pandemic levels, according to Los Angeles' port chief. March 17, 2022 - Port of Los Angeles Executive Director Gene Seroka discusses China's COVID lockdown and its potential impact on the global supply chain with Dagen McDowell and Mitch Roschelle on Fox Business News' Mornings with Maria.. Port congestion is one of the biggest shipping problems faced by U.S. corporations today. Alternatively, you can also click here to schedule a free demo. Finance Live. (Photo: Port of Los Angeles) Finally, some relief from supply chain bottlenecks for the besieged ports of Los Angeles and Long Beach. Rail delays of 6.2. The two San Pedro Bay ports have seen a combined decline of 62% in aging cargo on the docks since the program was announced on Oct. 25. 2023 Port of Los Angeles, City of Los Angeles. Due to its record volume of containerized trade, the port often experiences massive vessel congestions. By Dec. 5, there were 96 ships waiting to enter the ports of LA and Long Beach, 56 . GoComets port congestion data gives real-time visibility over port congestion that uses a combination of multiple sources such as AIS data, geofencing around ports and live container events data collected from over 45000 containers tracked every month. March 1, 2022 - The Port of Los Angeles has released applicationinformation and detailsabout its FY 2022/23 Community Investment Grant Program. Smart Schedule This tool provides instant access to the latest sailing schedules, benchmarked freight rates & carrier performance. The Port handled 709,873 Twenty-Foot Equivalent Units (TEUs) in September 2022, a 21.5% decrease from September 2021, which was the Ports busiest September on record. June 06 , 2022 . July 7, 2022 - The Port of Los Angeles has released a Notice of Preparation/Initial Study (NOP/IS) of a Draft Environmental Impact Report for the Berths 187-191 [Vopak] Liquid Bulk Terminal Wharf Improvements and Cement Terminal Project, located in Wilmington. The achievement marks the 23rdconsecutive year the Port of Los Angeles has been ranked the busiest container port in the nation. Dec. 5, 2022 -Port of Los Angeles Executive Director Gene Seroka discusses the latest shifts in the supply chain and the impact of ongoing labor negotiations. March 16, 2022 -The Port of Los Angeles processed 857,764 Twenty-Foot Equivalent Units (TEUs) in February, a 7.3% increase compared to last year. The plan builds on the strong financial performance this past year by the Port of Los Angeles, which set an all-time record for containerized cargo volume again in 2021. The increasing numbers only contribute to further port congestion in Los Angeles Port. March 3, 2023 -Officials with the Port of Los Angeles and Port of Gothenburg, Sweden, have signed a Memorandum of Understanding (MOU) to further their relationship and cooperation on a number of key topics, including sustainability, digital and physical infrastructure, and potential trade opportunities. Oct. 28, 2022 - The Los Angeles Board of Harbor Commissioners will convene an in-person board meeting at 9 a.m. Thursday, Nov. 3 at the Port of Los Angeles Administration Building, 425 S. Palos Verdes Street in San Pedro, for the first time since March 2020. The ship congestion in San Pedro Bay looked to have eased, but in fact was hitting some of its highest numbers. The event featured a round table discussion with Mario Cordero (Executive Director, Port of Long Beach) and Gene Seroka (Executive Director, Port of Los Angeles), moderated by the Senior . Local lawmakers and port officials accompanying U.S . . Oct. 24, 2022 - Port of Los Angeles Executive Director Gene Seroka joins CNBCs Brian Sullivan on The Exchange to discuss the latest challenges facing the supply chain. July 25, 2022 -Port of Los Angeles Executive Director Gene Serokajoins "Inside the Issues" hostAlex Cohen live from the Spectrum News 1 SoCalstudio for a wide-ranging discussion on the current state of thesupply chain. Cordero said this breathing room right now could help everyone involved with cargo shipping. In addition to 82 container cranes, 8 container terminals, and 113 miles (182 km) of on-dock rail, the port includes 25 cargo terminals. The focus points of that agreement are collaboration and information sharing on initiatives related to environmental sustainability and operational efficiencies. Yes! Our Standards: The Thomson Reuters Trust Principles. San Pedro, CA, USA 90731, Phone: (310) 732-3508 Indonesia will relocate residents living near a fuel-storage fire that killed 16 people or remove the depot owned by state energy company Pertamina to a safer location, President Joko Widodo said on Sunday. You can check real-time cost, price, rates and more with our international freight shipping calculator. Adding to this, a lack of visibility over space availability and changes in lead times complicate shipment planning. Includes upcoming events hosted by the Port of Los Angeles, LA Waterfront development information, and biweekly Currents e-newsletter. Terasaki Institute Opens New Biomedical Incubator on L.A.s Westside, California CRE Survey Forecasts Market Fluctuations, Why Financial Institutions Need to Take Proactive Measures for their CRE Holdings, ESG Goals Increasingly Drive Brownfield Redevelopment, Three Commercial Real Estate Considerations for 2023, Commercial Real Estate is Vital to the Economy. The calculated congestion index is a median value which would hold true for a maximum number of cases (excluding outliers). May 16, 2022 - Port of Los Angeles Executive Director Gene Seroka addresses cargo flow from China amid lockdowns and current supply chain challenges. Velocity of cargo moving through terminals increased. Cargo, after it is offloaded, is also getting out of the port more quickly, though there remains room for improvement there. Feb. 16, 2023 -The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous Januarys all-time record. Aug. 9, 2022 - Port of Los Angeles Executive Director Gene Serokajoins Brian Cheung and Akiko Fujita for a supply chain and labor negotiations update on Yahoo! Youre talking 25, 35 ships at anchor waiting for a space in those (other) ports, whereas at LA/Long Beach we dont have that problem, Schrap said. Container vessels are waiting for an average of 21.6 to 29.2 days to reach a terminal to unload their containers. On May 17, 2022 some 29 container ships were waiting outside the ports of Los Angeles and Long Beach, compared to just five container ships waiting at the ports on October 13, 2020 . June 7, 2022 -Port of Los Angeles Executive Director Gene Seroka gives CNNs Julia Chatterley an overview of the current state of the supply chain and the challenges ahead on First Move. 23 Feb 2023 - Terminal remain congested and berth delays are 3-12 days. Dec. 16, 2022 - Excerpt from LA Times:The backup that began early in 2020 is gone now,but big problems remain for the ports of Los Angeles and Long Beach, and by extension, the tens of thousands of Southern California workers whose jobs are dependent on the twin harbors and the international trade that flows through them. The. Now you can sign up as a new user either using your company email ID or your Google account. A shortage of rail workers, not enough rail cars and importers failing to pick up their goods are causing cargo to pile up once again at the Port of Los Angeles a key link in the U.S.. March 11, 2022 The Port of Los Angeles is soliciting Requests for Expressions of Interests (RFEOI) for a possible lease agreement for the former Star-Kist Processing Plant located at 1050 Ways Street on Terminal Island. Port of Long Beach dwell times for local imports are stable and average terminal gate turn time is between 26 - 85 minutes, depending on the terminal. April 1, 2022 - The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel. It was what was forecasted, he said, adding that exports to the United States from China the largest provider of West Coast cargo were down 13% in October. On January 5, 2022, the Port of LA Operations Report indicated 102 vessels with 14 container vessels (LA 4 & LB 10) anchored within the 40-mile (NM) in-port area and 88 loitering/steaming toward the San Pedro Bay. The 2M Alliance of Maersk and MSC was the most reliable carrier in the April/May 2022 period with 25.0% schedule reliability. Feb. 23, 2023 - The Port of Los Angeles has released a Notice of Preparation/Initial Study (NOP/IS) of a Draft Environmental Impact Report for the Berths 148-151 (Phillips 66) Marine Oil Terminal and Wharf Improvement Project, located at the foot of A Street in Wilmington. Nov. 1, 2022 -The Port of Los Angeles has partnered with EarthCam, the leader in live camera technology, to provide 24/7 streaming services for its LA Waterfront live camera. Overall, the Port has handled 7% less cargo in the first 11 months of 2022 compared to last years all-time record. In addition to 82 container cranes, 8 container terminals, and 113 miles (182 km) of on-dock rail, the port includes 25 cargo terminals. June 10, 2022 - The Port of Los Angeles, the US's busiest, is preparing for the early arrival of the 2022 peak season for cargo as retailers stock up on back-to-school and fast-fashion products despite high inventory levels, Executive DirectorGene Serokasaid. Email: community@portla.org March 3, 2022 -The public is invited to comment on a draft 2021 feasibility assessment of emerging cargo-handling equipment technology that will help the ports of Los Angeles and Long Beach reduce air pollution and reach the ambitious zero-emissions goals adopted in the 2017 Clean Air Action Plan Update. For containers that are moved by a combination of truck and rail, delays are at 30 days. The Port of Los Angeles also reported a 6.1-day waiting period for unloading and docking space during the final week of May 2021; it is usually within a day - at most. As vessels queue outside ports and turnaround times increase, it could be a real challenge to secure cargo space. How do I sign up for GoComets free Port Congestion tool? Feb. 1, 2023 -The Port of Los Angeles proudly celebrates Black History Month, honoring the indelible impact Black Americans continue to have on our collective American history. What do you mean by median delay and maximum delay in the result? Yes, you can most certainly do that. July 29, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for four weeks, until Aug. 26. Through September, L.A.s port has processed more than 7.86 million TEUs, a decline of 4% from the nearly 8.18 million TEUs from the same period last year. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. This relatively manageable time of cargo imports has presented opportunities to avoid the ship backlogs, or at least mitigate their severity, when the next crisis happens. In 2022, the congestion of US ports has returned to normal?Except LA/LB.105 ships! The busiest container port in North America is the Port of Los Angeles (USLAX, port code: 2704), which is also referred to as "America's port." What should I do? That means moving containers out of the port is taking too long. For 18 months now, the Port of Los Angeles has received 900,000 container units per month. Meanwhile, the Port of Long Beach processed 741,823 TEUs in September, down 0.9% from 748,472 TEUs last September. One reason for this that Asian shippers are routing cargo elsewhere in the United States is at least partly related to a reason for the early peak: ongoing labor negotiations with the West Coast dockworkers. The trucks began appearing in the spring of 2019, and at first the residents of Drumm Avenue accepted the occasional rumble and whoosh of big rigs breezing past their . May 17, 2022 -Port of Los Angeles Executive Director Gene Serokadiscusses China's impact on the current state of the global supply chainwith Maria Bartiromo on "Mornings with Maria" for Fox Business News. The project allows Everport to improve the container-handling efficiency and capacity of its existing terminal to accommodate the projected fleet mix of larger container vessels anticipated to call at the Everport Container Terminal over the next two decades. The combined complex handled 4.97 million TEUs in the first quarter of 2021, up 34.9% from January-March 2020. This can significantly hurt their bottom line considering over 50% of their expenditures go into transportation. The industry leader for online information for tax, accounting and finance professionals. March 23, 20322 - Port of Los Angeles Executive Director Gene Seroka and Stas Margaronis, California Ports Reporter for the American Journal of Transportation, discuss a wide range of topics affecting ports and the supply chain. Subscribe Register great deal of holiday season goods have already arrived, he said. Dockworkers at the Port of Los Angeles have moved huge volumes of cargo during the pandemic. Los Angeles Executive Director Gene Seroka announced cargo volume of nearly 10 million Twenty-Foot Equivalent Units for 2022, the second highest in the Port's 115-year history. March 30, 2022 - Port of Los Angeles Executive Director Gene Seroka gives a supply chain update to Sri Jegarajah on CNBC International's Squawk Box Asia, discussing projected cargo volumes for the first quarter, an early Lunar New Year, China COVID restrictions, cybersecurity, labor contract negotiations and workforce development. As of Nov. 9, there were no ships waiting within 40 nautical miles of the port complex. March 25, 2022 The Port of Long Beach and Port of Los Angeles announced today that consideration of the Container Dwell Fee will be delayed another week, until April 1. You can search for your preferred route by entering the origin and destination port. The Los Angeles Harbor Department, a division of the City of Los Angeles, is in charge of running the harbor. July 22, 2022 -Port of Los Angeles Executive Director Gene Serokadiscussescontinued supply chain improvements with CNBC's Martin Soong on Squawk Box Asia. Feb. 22, 2023 - The ports of Los Angeles and Long Beach will give a progress update on the San Pedro Bay Ports Clean Air Action Plan (CAAP) from 10 a.m. to noon on Wednesday, March 8. I think for us, whats important at least at this point is to continue to work on lessons learned from the bottlenecks and congestion that we experienced as a result of the Covid-19 pandemic, he said, adding that to maximize productivity, they have to maximize hours of operation at the ports. May 27, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will once again delay consideration of the Container Dwell Fee for another week, this time until June3. June 29, 2022 - Port of Los Angeles Executive Director Gene Seroka discusses continued productivity during labor contract negotiations on "Bloomberg Markets: European Close" with Alix Steel and Guy Johnson. You can eliminate the need for manual container tracking and can stay updated with real-time automated notifications on the movement of your freight. Yes, we do. Can I get port congestion data via direct integration? Gone is that immense cargo ship logjam at the San Pedro Bay Port Complex that had been the odious illustration of the nations supply chain woes. June 14, 2022 The Port of Los Angeles processed 967,900 Twenty-Foot Equivalent Units (TEUs) in May, the third best overall month in its 115-year history. COVID-19 shone a light on a major weakness in the supply chain -- namely, dependence on China. This marks the first in a series of incentive programs that will be funded by the Ports recently enacted Clean Truck Fund (CTF). Congestion, Delays and Supply Chain Challenges Will Continue into 2022 32702 Views Congestion, Delays and Supply Chain Challenges Will Continue into 2022 (Port of Los Angeles file. The Port of Los Angeles is the second highest in wait times, clocking in almost 12 days containers to leave the port and five and a half days for vessels to be processed. Forrester Wave <> GoComet: Supply Chain Visibility report is out! The ports of Los Angeles and Long Beach on Friday, April 15, once again delayed implementing a fee on companies whose import containers linger at marine terminals, despite signs that. Rising berth times tell real story of LA-LB congestion Peter Tirschwell | Jan 06, 2022 11:35AM EST While longer berth times in Los Angeles-Long Beach reflect, in part, higher "call sizes," carrier executives say more than anything else the elevated times are a direct result of the lack of space on the terminal. March 17, 2022 - The ports of Long Beach and Los Angeles on April 1, 2022 will begin collecting a rate of $10 per twenty-foot equivalent unit on loaded import and export cargo containers hauled by drayage trucks as they enter or leave container terminals. See here for a complete list of exchanges and delays. March 1, 2022 7:11 AM PT. March 24, 2022 -The Harbor Commissions of the ports of Los Angeles and Long Beach have each adopted spending plans for the Clean Truck Fund (CTF) rate program, a key component of the ports Clean Air Action Plan (CAAP). Seroka told Spectrum News 1 that there is more inventory than some . Since the program was announced on Oct. 25, the two ports have seen a combined decline of 50% in aging cargo on the docks. The port of Los Angeles is located next to the independent Port of Long Beach and encompasses 7,500 acres (3,000 hectares) of land and water with 43 miles (69 km) of waterfront. Sept. 7, 2022 -The Port of Los Angeles and a range of elected officials andindustry leaders joined U.S. Transportation Secretary Pete Buttigieg today to celebrate the award of a $20 million federal RAISE infrastructure grant for a critical road-railway grade separation project at the Port. The unique relationship between the Port and hispanic communities is not only reflected in the Harbor department workforce, but also in the growth and formation of the waterfront and the Port itself.