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October cargo container volumes fell 6 percent at the Port of Long Beach compared to the same month last year, as fallout from the bankruptcy filing of Hanjin Shipping Co. continued. A total of 581,808 twenty-foot equivalent container units (TEUs) moved through docks last month, down 6.2 percent from October 2015 levels. Total imports dropped 3.7 percent from last October, to 296,711 TEUs. Export TEUs were down 1.2 percent from last October to 126,770 TEUs.
The Port of Los Angeles had the busiest month ever at a Western Hemisphere container port in October, officials announced Monday. Cargo volumes at the port increased nearly 16 percent last month compared to the same period last year, officials said in a news release, citing data collected by the American Association of Port Authorities.
Plan Check Kitchen + Bar joins restaurants looking to give Dubai taste of Los Angeles.
Dubai has become a hot spot for restaurateurs to serve up L.A. concepts in the Middle East.
FOOD: Pauline Marasek pursues solid returns for her brittle beyond retail.
Treat maker Pauline Marasek hopes to sweeten her pot by expanding from retailer to wholesale supplier.
Shipping company Maersk Line on Monday announced an agreement with the Ports of Los Angeles and Long Beach to monitor emissions from 12 recently upgraded container vessels that use the ports.
MARIJUANA: PayQwick rolls up lenders willing to work with pot businesses.
PayQwick is banking on its compliance service to score pot-friendly lenders for customers.
The Port of Long Beach is bringing in an unused container ship to help clear a backlog of empty cargo containers left behind by Hanjin Shipping Co.’s bankruptcy.
Clothing copyright case divides West, East coasts
Split appears between fashion industry’s coasts over copyrightable clothing case.
DINING: Pizza chain Fresh Brothers cuts in investor to feed growth.
Fresh Brothers decides to take dough from Nolan Capital to feed the pizza chain’s expansion.
Halloween pop-up shops expect presidental race, hit films to lift costume sales.
Halloween pop-up shops expect to scare up healthy returns before they go dark.
The Los Angeles International Airport debuted a freshly redesigned Terminal 6 on Wednesday, complete with Los Angeles-based retail and dining companies, and a vibe that’s said to be inspired by Sunset Boulevard.
Lemonade Restaurant Group announced Wednesday that Larry Kurzweil, the former president and chief executive of Universal Studios Hollywood, will be joining the company as president and chief executive effective Dec. 1. Co-founders of the Los Angeles-based fast-casual restaurant, Alan Jackson and Ian Olsen, will assume the roles of chairman and chief culinary officer, and chief development officer, respectively.
From empty containers piling up to a drastic drop in cargo numbers, the impact of Hanjin Shipping Co.’s bankruptcy filing this summer has continued to frustrate local businesses.
INVESTMENT: Kobe Bryant’s Partner Courted Controversy
A previous firm of Kobe Bryant’s venture capital partner Jeff Stibel netted several lawsuits with its business practices.
CedarLane puts food packaging under pressure
CedarLane Natural Foods touts its investment in high-pressure processing as a packaging deal.