PORT OF LOS ANGELES : $6 Million Is Expected From New Cargo Shuttle
The port expects to make $6 million a year from a new cargo shuttle service to the ports of Seattle and Vancouver being offered by Los Angeles-based Matson Navigation Co.
Matson began the business in July. It is believed to be the first service to move cargo specifically between the West Coast ports.
It is an alternative to rail and truck routes on the West Coast and allows some international carriers to reduce the number of ports where they have to stop, said Matson spokesman Jeff Hull. The company may expand its service to include Oakland, he said.
Albert B. Fierstine, the port’s director of marketing, said ships bringing cargo from a domestic port to use Matson’s new service will have to pay wharfage fees.
However, the Harbor Board agreed at a meeting Monday to halve the wharfage rates to help Matson compete with cargo services offered overland.
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