San Pedro Ports Set 2017 Cargo Records

At its annual ‘State of the Port” address on Jan. 24, the Port of Long Beach celebrated its record-breaking year set in 2017 after a not so great 2016 which saw the bankruptcy of it largest terminal tenant, South Korea’s Hanjin Shipping.

Port of Long Beach Approves On-dock Rail Facility

The Port of Long Beach’s Harbor Commission approved plans for a new on-dock rail facility to be built at the complex’s Pier B terminal.

Tease photo

Strawberry Grower Files for Chapter 11 Bankruptcy

Eclipse Berry Farms has filed for bankruptcy, joining a growing list of California strawberry operators facing difficulties.

Legislators Introduce Measure to Ban Moratorium on New Natural Gas Hookups

A pair of state legislators introduced a measure on Jan. 17 to ban any moratoriums on new natural gas hookups.

Mossimo Giannulli’s G/Fore Collection Acquired by Peter Miller

Beverly Hills-based sportswear brand G/Fore has been acquired by Peter Millar, a luxury apparel brand in Raleigh, N.C., for an undisclosed amount.

Tease photo

Clearlake Capital to Acquire Janus International

Clearlake Capital Group, a private equity firm based in Santa Monica, agreed to acquire Janus International Group for an undisclosed sum, the outfits announced Jan. 17.

Tease photo

Dole Food Co. Withdraws Planned IPO

Dole Food Co. has called off its proposed public offering after talks to sell the company to a Belgium firm broke down.

Tease photo

Commission Postpones Vote on Moratorium on New Natural Gas Connections

The state Public Utilities Commission on Wednesday postponed for a month a planned vote this week on a moratorium on new natural gas connections for businesses and commercial properties throughout most of Los Angeles County.

UPDATE: California Adds 'Fresh' Category for Cannabis Cultivation Tax

Marijuana growers can now choose to either pay a state tax on either dried or freshly harvested cannabis plants, the state Department of Tax and Fee Administration announced this week.

Butterfly Acquires Pacifico Aquaculture in Mexico

Butterfly Equity, a private equity firm specializing in the food sector, has acquired Pacifico Aquaculture in Mexico, the company announced Jan. 9. Terms of the deal were not disclosed.

Business Opposition Mounts to Proposed Moratorium on New Natural Gas Hookups

Business opposition is mounting to a proposed three-month moratorium on new commercial natural gas hookups in Los Angeles County, with a vote by the state Public Utilities Commission set for Thursday.

Harbor Trucking Association Announces First CEO

The Harbor Trucking Association, a coalition of West Coast trucking carriers has named Weston LaBar its first chief executive officer, the trade association announced on Jan. 4.

Tease photo

Fabletics Launches New Activewear Line with Demi Lovato

Athleisure apparel brand Fabletics is partnering up with singer Demi Lovato to launch a new workout wear collection, the company announced on Jan. 2.

Tease photo

Toymaker Jakks Pacific CFO Steps Down

Santa Monica-based toymaker Jakks Pacific Inc. announced Dec. 28 that its chief financial officer was stepping down.

Guilty Plea in L.A. Garment District Money Laundering Case

The owners of downtown textile company Pacific Eurotex Corp. plead guilty to federal money laundering and tax charges Friday.