Port of Los Angeles adopts $1.5 billion budget for 2020/21
The Port of Los Angeles, North America’s leading container seaport, has adopted a $1.5 billion budget for Fiscal Year 2020/21. The port said the budget was based on expectations of slower cargo volumes in the near term and a continued slowdown in the worldwide economy, due to market uncertainties related to the COVID-19 pandemic and …
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