Cargo Volumes At The Port of L.A. Drop 27% In March

The Port of Los Angeles experienced a 27% decrease in the amount of cargo it processed in March in comparison to the same month in 2017, the port announced today. Imports decreased by 29.2%, exports decreased 14.6% and the shipment of empty containers decreased 33%. So far this year, overall cargo volumes have decreased by 5.7% compared to 2017. “We’re comparing our numbers to an extraordinary 29% volume gain last March so a decline is not unexpected,” Executive Director Gene Seroka stated. The statement from the port also noted that the decline occurred after a record month in February, when many shippers chose to move cargo in advance of the Lunar New Year celebrated in Asia.

 

Commercial Real Estate Firm To Air Webcast On Tax Reform

Commercial real estate brokerage firm Marcus & Millichap is airing a free live webcast Wednesday, April 18, at 11 a.m. in which experts will discuss how new tax laws will impact real estate investors. Topics of the webcast include an overview of the new tax law, how tax reform could impact the economy and demand for real estate, what investors can do to prepare for the implementation of the new tax law and IRS guidance for investors. Click here to register.

 

International Organization To Host Online Real Estate Forecast

The Urban Land Institute, an organization of real estate professionals who promote responsible land use and urban development, is hosting a free hour-long webinar Wednesday, April 18, at 10 a.m. to discuss its Spring Real Estate Forecast. The discussion will include predictions and indicators related to gross domestic product, employment, inflation, interest rates, property transaction volumes, real estate investment returns, vacancy and occupancy rates, and housing starts.

 

Registered Domestic Partners Have Right To Protected Leave Under State Law

In California, laws such as the California Family Rights Act and the state’s paid sick leave and family care laws provide employees protected time off to care for their registered domestic partner, according to California Chamber of Commerce Human Resources Adviser Ellen Savage. Although the law was originally enacted to provide legal rights to same-sex couples before their marriage was legal, the law also covers couples of the opposite six if one or both partners is at least 62 years of age and eligible for certain Social Security benefits.

 

Long Beach Transit Starts Summer Water Taxi Service And Debuts Ticketing App

Long Beach Transit has launched its 2018 water taxi service and a new Token Transit mobile ticketing app for this weekend’s Toyota Grand Prix of Long Beach (April 13-15). The app allows customers to purchase a day pass for unlimited AquaLink, AquaBus and regular bus service. The app for Android and Apple smartphones can be downloaded on Google Play, the App Store, www.tokentransit.com/app or by texting “Token” to 41411.

 

Historical Society Of Long Beach Event Imparts Tales Of Pearl Harbor Bombing

The Historical Society of Long Beach presents “Craig & Lucy Remember Pearl Harbor,” in which historian Craig Hendricks and actress Lucy Daggett share stories about Long Beach following the bombing of Pearl Harbor. The event will mark the closing of the society’s Long Beach Remembers Pearl Harbor Exhibit. It takes place on April 18 at 6:30 p.m., 4260 Atlantic Ave. For tickets and more information, call 562/424-2220.

 

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