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LA Port Gets Big Check for Fix-Ups

LA Port Gets Big Check for Fix-Ups

Apr 9, 20261 min readFreightWaves

The U.S. Army Corps of Engineers has allocated a significant amount to the Port of Los Angeles, with approximately $70 million set aside for harbor maintenance, seismic resiliency, and navigational safety improvements. This funding, which comes from the Harbor Maintenance Trust Fund (HMTF), is part of a record $131.8 million allocation for the San Pedro Bay complex, making it one of the busiest container gateways in the country. The Port of Los Angeles has long been an essential component of the U.S. economy, and this funding will play a crucial role in ensuring its continued operation and efficiency.

The HMTF is funded by import cargo taxes paid by shipping companies, with Los Angeles and other

us army corps of engineersharbor maintenance trust fundlos angeles port
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Source: FreightWaves

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