The LA harbor commission has OK’d a general rate increase of 6.2%, which will go into effect Sept. 1.
The Los Angeles harbor commission has approved a 6.2% tariff rate increase for cargo and other items despite concerns from the Pacific Maritime Shipping Association that it could impede an onoging effort to lure cargo back to the Port of LA.
The increase was under consideration because of the recent inflation levels. The most-recent increase was a year ago, on Aug. 1, 2022. Prior to that, rates were last increased in 2005.on the proposed general rate increase of 6.2% — but unanimously approved the request on Thursday, July 20. During that time, POLA lost some of it’s cargo — 10-15%, Executive Director Gene Seroka estimated — to ports on the Gulf and East coasts as companies worried about work disruptions during the protracted negotiations.
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