Recent and archived news stories on: Manufacturing, agribusiness, chemicals, electronics, energy, fabrication, plastics, textiles, international trade, shipping, logistics

UPDATED: Ontario Now Largest Outbound Freight Market in U.S.

Ontario is now the top market for shipments of outbound cargo in the U.S., according to trade magazine FreightWaves.

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Crude Oil Tanker in Long Beach Fined for Leaks

The South Coast Air Quality Management District, the region’s pollution control agency, issued a notice of violation for leaks coming from crude oil tanker GAC North America currently berthed at the Port of Long Beach.

Soon-Shiong’s NantEnergy Acquires Sharp’s Energy Systems and Storage Business

A battery company owned by Los Angeles billionaire Patrick Soon-Shiong has acquired an energy systems and service business owned by Sharp Electronics Corp.

True Religion Names Interim CEO

Vernon-based True Religion Apparel Inc. said Nov. 2 that board member Chelsea Grayson was named interim chief executive as John Ermatinger steps down for retirement.

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Edison Expects Material Losses

INFRASTRUCTURE: Fire investigation reveals likely culpability, company says

Edison International on Oct. 30 revealed that an internal investigation found its Southern California Edison utility equipment was “associated with” one of the ignition points of the massive Thomas Fire last December

Milk and Eggs Takes Delivery from Farm to Table

Food delivery service works directly with farmers to get goods to consumers

Kenneth Wu remembers shopping online – often bleary-eyed – for household and baby items after the birth of his second daughter in 2015

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Mattel Touts Profit Growth; Revenue Falls

Adjusted earnings allow year-over-year operating profit to show uptick

El Segundo-based Mattel Inc. reported third quarter earnings last month

Port Rail Project Fully Funded

TRANSPORTATION: State agency kicks in $21.6 million for on-dock plan

Port of Los Angeles moves forward with traffic-flow plan.

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Jakks Pacific Still Considering Meisheng’s Acquisition Offer

Santa Monica-based Jakks Pacific has authorized its advisors to begin negotiations on a takeover offer received in January from Hong Kong-based Meisheng Cultural Co., the toymaker announced in its third quarter earnings call.

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SolarReserve Receives $2M Federal Grant for Solar Power Research

Santa Monica solar thermal power developer SolarReserve announced Oct. 25 that it has received a $2 million grant from the U.S. Department of Energy for further research and development of its solar thermal power technology.

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Port of Los Angeles Moves Ahead with $34M Rail Project

A $21.6 million grant from California’s Trade Corridor Enhancement Program is helping the Port of Los Angeles move ahead with a major on-dock rail project designed to improve cargo flow.

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Biofuel Producer World Energy to Spend $350M to Upgrade Paramount Refinery

World Energy, a Boston-based biofuel producer that bought a diesel and jet fuel refinery in Paramount earlier this year, announced Oct. 24 a $350 million upgrade to the facility, turning it into the largest biofuel refiner in California.

ProducePay Raises $14 Million Series B Round

Glendale-based Produce Pay Inc., a company that provides short-term financing for farmers raised a $14 million Series B round.

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San Pedro Ports Set Month and Fiscal Year Records

The Port of Long Beach set a new fiscal year record in container movement and the Port of Los Angeles recorded its best September in history, the ports recently announced.

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Twin Ports, Two Records

SHIPPING: Gains come amid global consolidation trend

The maritime shipping industry has seen a rising wave of consolidation.

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