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Port of Long Beach Acquires Oceangate Office Tower to Revitalize Downtown

Port of Long Beach Acquires Oceangate Office Tower to Revitalize Downtown

Port of Long Beach Acquires Oceangate Office Tower to Revitalize Downtown
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Early surge in US container imports coming to an end, shippers say

Early surge in US container imports coming to an end, shippers say

By Lisa Baertlein LOS ANGELES, Aug 7 (Reuters) - An early seasonal surge in U.S. container import volume, driven by shippers racing to avoid higher fuel surcharges tied to the U.S.-Israeli war with Iran and new U.S. tariffs, is ending, according to research released on Friday. 
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Kaiji Press Continues to Lead Maritime News Media in Japan

Kaiji Press Continues to Lead Maritime News Media in Japan

Kaiji Press, Japan's leading maritime news media, has been a trusted source of information for maritime executives and professionals since 1956. The publication is renowned for its editorial depth and accuracy, providing insights into shipping, shipbuilding, finance, insurance, and maritime technologies. Kaiji Press delivers original news, executive interviews, and in-depth analysis, serving as a benchmark for professional maritime journalism. The media outlet is relied upon by industry leaders for credible information and meaningful context on both domestic and global maritime developments.
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California Rejects Disney's Port Disney Theme Park Proposal

California Rejects Disney's Port Disney Theme Park Proposal

California Rejects Disney's Port Disney Theme Park Proposal
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White Plains Zoning Change Allows Self-Storage in Former Walmart Building

White Plains Zoning Change Allows Self-Storage in Former Walmart Building

White Plains Zoning Change Allows Self-Storage in Former Walmart Building
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Arlington's Commercial Real Estate Market Gains Edge Over D.C. Due to Tax Differences

Arlington's Commercial Real Estate Market Gains Edge Over D.C. Due to Tax Differences

Arlington's Commercial Real Estate Market Gains Edge Over D.C. Due to Tax Differences
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The Las Vegas Investments That Cemented Howard Hughes’ Legacy

The Las Vegas Investments That Cemented Howard Hughes’ Legacy

Howard Hughes is often credited with playing a pivotal role in transforming Las Vegas from a city with a reputation for organized crime into a more...
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Port of Long Beach Acquires Downtown Office Tower Amid Rising Vacancies

Port of Long Beach Acquires Downtown Office Tower Amid Rising Vacancies

Port of Long Beach Acquires Downtown Office Tower Amid Rising Vacancies
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Long Beach Plans Job Cuts to Address $58 Million Budget Shortfall

Long Beach Plans Job Cuts to Address $58 Million Budget Shortfall

Long Beach City Manager Tom Modica has proposed a budget plan for the 2026-27 fiscal year that includes significant job cuts to address a $58 million budget deficit. The plan suggests laying off more than 260 city employees and eliminating over 200 vacant positions across various departments, including fire, police, and homeless services. The proposed $4 billion budget also includes new spending initiatives, such as a High Crime Focus Team and investments in the police crime lab. However, the cuts are necessary due to rising personnel costs, legal payouts, and a slowdown in the local economy affecting tax revenue. The city has already exhausted its operating reserves and taken funds from its emergency reserve to close the current fiscal year's budget gap.
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Waltham City Council Overrides Mayor's Veto to Advance Major Housing Development

Waltham City Council Overrides Mayor's Veto to Advance Major Housing Development

The Waltham City Council has overridden Mayor Jeannette McCarthy's veto to approve new zoning for a significant housing development. This decision allows BXP, formerly known as Boston Properties, to proceed with plans to transform a 135-acre office complex into a mixed-use development featuring up to 1,200 new homes. The initiative is part of a broader effort to revitalize the commercial corridor near Route 128 in western Waltham, which has been struggling with high office vacancy rates. The council's decision is seen as a strategic move to address the city's budget imbalance and increase its tax base by converting underutilized commercial properties into residential areas.
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Steris Plans Major Expansion in North Carolina, Creating Hundreds of Jobs

Steris Plans Major Expansion in North Carolina, Creating Hundreds of Jobs

Steris Plans Major Expansion in North Carolina, Creating Hundreds of Jobs
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UPS Transformation Strategy Leads to Profit Growth and Raised Outlook

UPS Transformation Strategy Leads to Profit Growth and Raised Outlook

UPS Transformation Strategy Leads to Profit Growth and Raised Outlook