Port of LA Launches Incentives to Boost Competitiveness
The Port of Los Angeles has launched the 'Ocean Carrier Incentive Program' to attract shipping companies and increase container throughput through cash rewards. The program offers incentives ranging from $5 to $15 per TEU, based on 2013 cargo volumes. This initiative aims to address increasing competition and the shift in freight volumes, solidifying the Port of Los Angeles' position in trans-Pacific trade. The program aims to boost cargo volume and improve the port's competitiveness in the face of evolving market dynamics.









