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Tag Archives: Budget

“What this workforce sorely needs is a look to the future” Port of Los Angeles CEO

PortandTerminal.com, June 12, 2019 Los Angeles, CA – At a board meeting approving the Port of Los Angeles’ next budget, Gene Seroka, executive director of the Port, reiterated his forecast that Los Angeles container volumes will double in the next 15 years, representing roughly 5 percent annual growth through 2035. To keep volumes going, the seaport’s employees will face a …

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Download: Port of Los Angeles spending almost 60% more next year on capital improvements

PortandTerminal.com, June 11, 2019 The 2019/20 plan is cautious on revenue, bullish on capital improvements spending. A copy of the budget is available below for download. Los Angeles, CA – The Los Angeles Board of Harbor Commissioners has approved a $1.6 billion fiscal year (FY) 2019/20 Annual Budget for the Port of Los Angeles. The approved budget lines up with the Port’s 2018-2022 …

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Infrastructure plan price tag agreed at $2 trillion. Now how to pay for it?

Photo of Nancy Pelosi, Donald Trump and Chuck Schumer

PortandTerminal.com, May 1, 2019 American Democratic congressional leaders announced yesterday after a meeting with President Trump that an agreement had been reached on the price tag for a potential infrastructure plan: $2 trillion. How to pay for it remains unclear. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) announced that they have reached the tentative agreement …

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