”The Port of Los Angeles is a critical economic engine to the Los Angeles region,” said Mayor Antonio Villaraigosa. ”Completion of this project means that the Port will remain competitive globally, and continue to be a strong source for jobs and regional revenue growth for years to come.”
The project involved deepening of the Port’s 45-foot deep Main Channel, West Basin Channel and East Basin Channel to a 53-foot depth. … The Port’s container terminal tenants rely on the Port’s deep channels to move cargo. Container terminals generate about 74 percent of Port revenues and help facilitate hundreds of thousands of direct and indirect jobs throughout Southern California. More than 43,000 direct jobs are connected to marine terminal operators at the Port.