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You are here: Home Archive 2009 Mar 19 Los Angeles cuts prices to revive flagging cargo

Los Angeles cuts prices to revive flagging cargo

by Obsidian last modified Mar 19, 2009 12:00 AM

Los Angeles will be offered a second incentive package in a determined bid by the harbour department to retain customers and cargo volumes in the face of unrelenting competition and shrinking trade.

Executive director Geraldine Knatz and her team are working on new measures that should be in place by May 1, the date on which most annual transpacific contracts between container lines and their customers are renewed.

Although container throughput...

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