California’s port of Long Beach has set out a USD760 million budget for its 2025 fiscal year, which will fund new capital improvements in rail, zero-emissions and other infrastructure.

Port of Long Beach boasts USD760 million annual budget for 2025 fiscal year

Source: Port of Long beach

USD368.3 million (a year-on-year increase of 47.2 percent) been earmarked for capital improvements. This will help to advance the Pier B on-dock rail support facility that aims to increase the number of containers moved at the port using trains. Funding has also been allocated to the proposed Pier Wind development, which if approved would become the largest offshore wind turbine assembly facility in the USA. 

The budget also includes allocations for safety, cleanliness and water quality of Long Beach’s 7 mile (11.3 km) coastline. 

USD25 million in subsidies from the Clean Truck Fund will support the transition of the heavy-duty truck fleet to zero emissions. The port of Long Beach itself intends to possess a zero-emissions cargo-handling fleet by 2030, and achieve zero-emissions trucking at the gateway by 2035. 

Over the next 10 years, the port plans to invest some USD2.3 billion in capital improvements to boost capacity, competitiveness and sustainability.