Los Angeles cuts prices to revive flagging cargo
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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