With trans-Pacific trade continuing to soar, the commission set aside more than half of the Port of Long Beach budget for construction projects aimed at keeping pace with cargo growth.
Long Beach is the nation s busiest container port.
The increase is expected to come in part because of the move of Zim-American Israeli Shipping Co. Inc. to Pacific Container Terminal s new Pier C facility. Although a public agency, the port is not supported by taxpayers. The port generates revenues by leasing shipping terminals. The port operates as a department of the City of Long Beach. The port budget next goes to the City Council for its concurrence.