Port of Los Angeles to pay for containers?

October 23, 2008 by SwizStick  
Filed under Seafreight

This is simply ironic. After hitting shippers with fee after fee and piling on regulations, the Port of Los Angeles is now offering to pay a $10 per TEU container fee for any new services brought to the port:

The one-time payments will be paid for each new TEU brought in during the 12-month period and will only be paid to the tenant after the conclusion of the 12-month period and after documentary evidence is produced to the port.
Container volumes at the Los Angeles port have slipped nearly 5 percent during the first nine months of the year compared to the same period in 2007. The port moved 8.4 million TEUs in 2007 down from 2006 volumes of 8.5 million TEUs.

Ok, so we’re in the midst of an economic slump, but I still find this incredible coming from the same people who have done everything in their power to chase business away and start people looking elsewhere.

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