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Tag Archives: POLA 2020/21 Budget

Port of Los Angeles Adopts $1.5 Billion Fiscal Year 2020/21 Budget

PortandTerminal.com, June 5, 2020 The budget is based on expectations of slower cargo volumes in the near term (decreasing by approximately 15.6%) and a continued slowdown in the worldwide economy, due to market uncertainties related to the COVID-19 pandemic and lingering impacts from the 2019 trade war. LOS ANGELES, CA – The Los Angeles Board of Harbor Commissioners has approved …

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