2. PORTS

  3. Los Angeles Port receives $9.9 million development grant
Los Angeles Port receives  $9.9 million development grant

Los Angeles Port receives $9.9 million development grant

Reservations for each of the above trips made before Dec. 31, 2020 would benefit from a 10-15 percent discount, as well as an extra $250 onboard credit, according to the press release. The 10-15 percent discount is only valid for trips booked before June


“Support for this federal grant came from all levels of government. We are grateful to the U.S. Department of Transportation, including its Maritime Administration, the members of Congress who represent the Port, and state and local leaders for recognizing the urgent need to modernize this critical junction of the National Highway Freight Network," said Port of Los Angeles Executive Director Gene Seroka.

Such improvements to the United States The National Highway Freight Network (NHFN) designated by the Department of Transportation (USDOT) includes new and expanded on-ramps and off-ramps, thereby enhancing access to / from I-110 and the Vincent Thomas Bridge; removal of a congested weaving section on the current off-ramp eastbound; and upgrades to the Harbor Boulevard / Front Street intersections, including a new signal at the new westbound ramp terminus.

The interchange directly serves two marine terminals that handle 5% of all containerized goods to and from the U.S. Similarly, it is an important link in the LA-Long Beach trade gateway's broader infrastructure network, which handles nearly 40% of all imports to the U.S. and 25% of all US exports.

The Los Angeles Metropolitan Transportation Authority (LA Metro) also supports and funds this initiative through a proposal for funding through the South Bay Cities Council of Governments.

$41.2 million is being provided by LA Metro, of which $37.4 million is for the construction process. The Port is therefore very grateful to the Board of Directors of LA Metro, and in particular to Eric Garcetti, Mayor of Los Angeles and Chairman of LA Metro, Janice Hahn, Supervisor of Los Angeles County, and Mike Bonin, Councilman of the 11th District Area.

With all terminals operating during the COVID-19 pandemic, the Port of Los Angeles remains open. The Port of Los Angeles, North America's leading seaport by container volume and cargo value, facilitated trade of $276 billion during 2019. Complex operations and trade at the port of San Pedro Bay encourage one in nine workers around Los Angeles, Orange, Riverside, San Bernardino and Ventura counties.

Maritime Business World 

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