L.A. port to invest $122M in Class I-served terminal

06/2/2013 | ProgressiveRailroading.com

A $122 million investment will be made to develop the Port of Los Angeles West Basin Container Terminal, which is served by BNSF and Union Pacific, according to Los Angeles Mayor Antonio Villaraigosa. The plan is part of a nine-year lease extension deal between the port and ocean carrier Yang Ming. "This agreement will allow the largest, most modern ships to call at Yang Ming and provide cargo growth over the next 17 years," said Villaraigosa.

View Full Article in: