How much money does the Port of Long Beach make?

How much money does the Port of Long Beach make?

Port of Long Beach is a small government organization based in California with only 50 employees and an annual revenue of $2.8M.

Is Long Beach the busiest Port?

Today, the Port of Long Beach is the second busiest port in the U.S., with approximately $200 billion in trade moving through annually, according to the Port of Long Beach official website.

Why is the Port of Long Beach important?

The Port of Long Beach becomes the first major Pacific Coast seaport to earn the “E-Star” Award from the U.S. Department of Commerce for export service. The port is cited for its continued and expanded efforts in facilitating and encouraging exports. Pacific Container Terminal opens a 34.5-acre facility on Pier J.

Is the Port of Long Beach privately owned?

The Port of Long Beach is expansive, made up of 3,520 acres of land and 4,600 acres of water with 10 piers and 80 berths. The city’s port authority, however, does not own all of this area, with dozens of acres owned by private companies. But it appears port officials are looking to change that.

How much do port workers make California?

Average base salary The average salary for a dock worker is $17.85 per hour in California and $5,250 overtime per year. 468 salaries reported, updated at July 1, 2022.

What is the busiest Port in California?

The Port of Los Angeles
About the Port The Port of Los Angeles is America’s Port®, the nation’s premier gateway for international commerce and the busiest seaport in the Western Hemisphere. Located in San Pedro Bay, 25 miles south of downtown Los Angeles, the Port encompasses 7,500 acres of land and water along 43 miles of waterfront.

Who runs the Long Beach port?

As Executive Director of the Port of Long Beach, Mr. Cordero reports to the Board and leads the Port’s Harbor Department staff of more than 500 with a budget of $622 million for the 2022 fiscal year.

Where is the richest port in the world?

Shanghai, China
The Top 50 Container Ports.

Port Website
1 Shanghai, China English
2 Singapore English
3 Ningbo-Zhoushan, China Chinese
4 Shenzhen, China Chinese

What is the biggest port in the USA?

Port of Los Angeles
Port of Los Angeles Located on the West Coast of the country, the Port of Los Angeles is the single biggest port in the USA. Last year, it moved more than 9.3 million TEUs, an awe-inspiring number even by global standards. The port stretches for more than 43 miles along the coast, taking up almost 8,000 acres of land.

How big is the cargo moving through the port of Long Beach?

Get a data picture of cargo moving through the Port of Long Beach. Statistics are updated monthly. The size of cargo containers range from 20 feet long to more than 50 feet long. The international measure is the smallest box, the 20-footer or 20-foot-equivalent unit (TEU).

What is the port of Long Beach known for?

Over more than a century, the Port has grown into the nation’s second-busiest container port. The Port and the Utah Inland Port Authority will collaborate on the development of cleaner, more cost-effective and innovative strategies aimed at moving goods quickly, safely and efficiently between Long Beach and Utah.

How many TEUs does the port of Los Angeles move each year?

In 2018, the Port of Los Angeles moved a record 9.5 million Twenty-Foot Equivalent Units (TEUs)—the highest container volume ever moved annually by a Western Hemisphere seaport.

What is the bond rating of the Los Angeles Port?

The Port has an AA bond rating with a stable outlook, the highest rating given to a port without taxing authority. The Port of Los Angeles and neighboring Port of Long Beach comprise the San Pedro Bay port complex, which handles more containers per ship call than any other port complex in the world.