Port of L.A. to lose 3 cargo lines

A terminal operator at the Port of Los Angeles will lose three customers that move about $40 million in cargo each year when those shipping lines shift their business to the neighboring Port of Long Beach in November, officials said Thursday.

The decision represents a loss for TraPac terminal and the Port of Los Angeles. The three companies, all based in Asia, send 12,000 cargo containers a month through the terminal, and the ports gain $75 in income from each container.