The event was highlighted by driving a commemorative “golden pile” into the base for a new wharf being built, according to a port news release.
Last month, Hong Kong-based OOCL and its local terminal arm finalized a 40-year, $4.6 billion lease of the redeveloped terminal originally agreed to in January.
The Middle Harbor project will combine two older facilities – Long Beach Container Terminal’s existing 90-acre facility and a nearby vacant property into a single 304-acre terminal with a better layout that can handle more ships and containers while incorporating on-dock rail and other features designed to maximize efficiency and reduce air pollution.
“We’re pleased to have OOCL and LBCT committed to working with us in Long Beach to make the new, state-of-the-art Middle Harbor terminal a reality, and for staking their business future to the Port of Long Beach and the City of Long Beach,” Long Beach Mayor Bob Foster said.
Construction on the project started last year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now