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Shwanika Narayan

Stories by Shwanika

Los Angeles and Long Beach Ports Set New February Cargo Records

The local twin port complexes set new records for cargo movement in the month of February, both ports announced on March 13.

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Ugly Dates, Sweet Nectar

FOOD: Culver City-based syrup maker adds 3 chains to national distribution lineup

D’Vash is part of a growing group of firms finding fresh uses for “ugly fruit.”

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Prefab Outfit Talks Code for Customers

Cover Technologies’ new service sorts requirements for accessory structures

A Gardena company is giving homeowners easy access to city of L.A. building codes.

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Alhambra Manufacturer Fined for Safety Violations

Alhambra Foundry Company Ltd., manufacturer of metal works for the construction industry, was fined $283,390 by the state for an accident that amputated an employee’s legs.

New CEO at L.A. Federal Credit Union

Richard Lie has been appointed president and chief executive of Los Angeles Federal Credit Union.

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New Subscription

TechStyle adds brick-and-mortar channel to e-commerce base

TechStyle wants to bring e-tail tech tactics to brick-and-mortar retail.

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Hollywood Restaurant Cited for Wage Theft Violations

The Shrimp Lover #1 Inc., a seafood restaurant in Hollywood, has been fined almost $520,000 in wage theft violations by the state’s Labor Commissioner’s office.

WWE Brings Rare Bright Spot for Mattel

Company extends deal for STEM-related toys on heels of dismal holiday, Q4

Mattel is banking on WWE action figures and STEM-themed educational toys.

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Harbor Trucking Association and Clean Energy Fuels Partner Up

Clean Energy Fuels Corp. is now the exclusive provider of cleaner fuels for Harbor Trucking Association’s 100-member trucking companies, the organizations announced on Feb. 21.

L.A. City Council Announces Homeless Housing Commitment

In a bid to tackle homelessness, the Los Angeles City Council announced on Feb. 21 that it had created a city-wide initiative to create a minimum of 3,300 supportive housing units.

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Guess’ Paul Marciano Gives up Day-to-Day Duties Amid Sexual Harassment Claims

Downtown-based Guess Inc. announced Feb. 20 that co-founder Paul Marciano had stepped down from his daily duties due to an on-going investigation of sexual harassment claims by model and actress Kate Upton.

Jakks Pacific Adds Harry Potter Tech Wands

Jakks Pacific Inc. will launch a collection of “technologically advanced and interactive” magic wands based on the “Harry Potter” films thanks to a partnership between the toymaker and Warner Brothers.

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More Mismatches on Oscars, Box Office

“The Last Jedi” took in more than 20 percent of Disney’s $2.4 billion box office total last year.

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Online Discounter Hollar Adds InVia ‘Picker’ Robots to Workforce

Online discount store Hollar Inc. recently has deployed 100 “picker robots” to help with automating fulfillment services at its Commerce warehouse.

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SBA Loans Available for those Affected by California’s Recent Natural Disasters

The U.S. Small Business Administration announced on Feb. 13 that it had approved $20 million in loans for Southern California businesses and residents affected by recent mudslides and wildfires.

$31 Million in Fake Perfume Seized at the Ports

The U.S. Customs and Border Protection announced on Feb. 13 that the agency had seized 475,056 bottles of perfume with fake trademarks at the Los Angeles and Long Beach port complexes.

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Online Retailer Hollar Inc. Adds InVia Robots to Its Workforce

City of Commerce-based Hollar Inc., operators of an online discount store, recently announced that it had deployed 100 “picker robots” to help with automating fulfillment services at its warehouse.

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Packaging Manufacturer Fleetwood-Fibre Acquired

City of Industry packaging producer Fleetwood-Fibre Packaging & Graphics was acquired by Golden West Packaging Group, the companies announced Feb. 12. Terms of the deal were not disclosed.

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OSI: First Shorted, Now Under Investigation

Stock tumbles on disclosure of SEC probe; allegations of bribery in Albania, Mexico

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Amazon to Develop Own Delivery Services in L.A.

Seattle-based Amazon Inc. is planning to pilot its own delivery service for businesses in Los Angeles.

$500M Port Plan to State Supreme Court?

TRANSPORTATION: Long Beach may petition

Supporters and those opposing railway giant BNSF’s proposed railyard could make tracks to the state’s Supreme Court.

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Beyond Meat Expands Research Facility

Beyond Meat, a producer of plant-based meat substitute products, is expanding operations at its El Segundo headquarters, the company announced.

Mattel Posts Quarterly Loss and Dismal Fiscal Year Results

Mattel Inc. continued its streak of poor financials posting fourth quarter net loss and declining earnings for fiscal year 2017.

Next Trucking Raises $21 Million in Series B Round

Next Trucking Partners, an online marketplace connecting truckers with shippers has raised $21 million in a series B round, the company announced Jan. 30.

Key Deals: Global Gateway South Sells for $875 Million


The third largest terminal at the Port of Los Angeles floated to new ownership in 2017.

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CPB Pilot Program to Cut Payment Time by Half

Ports plan update to centuries-old duty payment process

Shipping lines at the twin ports test electronic payments.

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L.A. = N.Y. for Foreign Investors

REAL ESTATE: Survey points to ports, industrial

L.A. County and N.Y. tie for foreign investment.

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Santa Monica Toy Maker Jakks Receives Takeover Offer from HK Company

Toymaker Jakks Pacific Inc. announced on Jan. 26 that it had received a takeover offer from Hong Kong-based Meisheng Cultural Co.

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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.

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Starco Aims for Star Status

How Starco Group built a niche mini-empire specializing in aerosolized consumer goods.

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Facial Recognition Boarding Passes Start at LAX

There’s a new way to board a British Airways flight at Los Angeles International Airport – with your own face.

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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.

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Property Managers’ 2017 Takeaway: Big Get Bigger

Retail-focused firms buck trend to grow local square footage by 4-plus percent

Firms managing L.A. County’s commercial properties saw little growth – here’s why.

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L.A. Gets Bulk of State’s Global Trade Traffic

$44.6B in import-export over 12-month period accounts for 2/3 of total

More bad news for Mattel as analysts lower 4Q forecasts.

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Japan’s 2nd Street Opens First U.S. Store in L.A.

2nd Street, Japan’s largest retailer of second-hand clothing and accessories opened its first U.S. store on Melrose Ave, the company announced Friday.

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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.

City Attorney Files Lawsuits Against Local Trucking Companies

The Los Angeles City Attorney’s office said it has filed lawsuits against three trucking companies alleging the trio engaged in misclassifying truck drivers working for them in order to evade providing protections and benefits to the drivers.

China Fixes Boost Plastic Shops

After losing business to China in recent years, plastic molding shops see a new injection of revenue by fixing injection molds created there.

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LaBar: New CEO of Harbor Trucking Assoc.

The Harbor Trucking Association, a coalition of West Coast trucking carriers, has named Weston LaBar its first chief executive officer.

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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.

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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.

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L.A. Port’s Blue Project: ‘Ocean-Focused’

La Kretz backs push for R&D within 35-acre accelerator campus

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Toymaker Jakks Pacific CFO Steps Down

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

Render Unto AQMD?

New rules costly for animal rendering operations.

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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.

Commerce Denim Maker Differential Brands Enters Canadian Market

Differential Brands Group Inc. has entered a partnership with Throat Thread Apparel to relaunch its premium denim line in Canada, the company announced Tuesday.

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Network Infrastructure Manufacturer Acquired

La Mirada–based Damac Products, makers of network infrastructure equipment for the telecom and data center markets was acquired by Maysteel Industries, the companies announced Monday. Terms of the deal were undisclosed.

L.A. Ports Set Record

With still a month to go in 2017, the Ports of Los Angeles and Long Beach have set new records in container movement for the year.

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Local Roots, Global Ambitions

Urban Farm Counts on Shipping Containers, Hydroponics to Grow Cash Crops By SHWANIKA NARAYAN Staff Reporter

Customized shipping containers replace soil for lettuce grower.

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