LA-LB terminals far from sure bet for investors

Marine terminal engineer Larry Nye has drawn up plans for container facilities around the world, but when it comes to choosing his preference for a US location, he doesn’t have to leave home. “Los Angeles-Long Beach is such a sure bet in terms of long-term demand,” he said. However, this sure bet of 15 million 20-foot-equivalent units a year becomes risky when investors look closer and discover there are 13 container terminals competing for that volume, compared with, say, Shanghai, where six terminals vie for 32 million TEUs.
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