The Port of Los Angeles is set to receive significant investment in zero-emission cargo-handling technology following a 30-year lease agreement approved by the Los Angeles Board of Harbor Commissioners with Yusen Terminals. This agreement, which stabilizes Yusen’s operations at the port until 2056, allows for an additional $200 million investment in zero-emission equipment over the coming years.
This initiative is part of a larger movement toward electrifying and decarbonizing one of North America’s busiest freight hubs, particularly in conjunction with the Port of Long Beach. The two ports are supported by over 18,000 drayage trucks and are exploring various zero-emission technologies, including battery-electric and hydrogen fuel-cell systems, as well as the necessary infrastructure.
Yusen Terminals has already started transitioning from conventional equipment to zero-emission alternatives, utilizing electric top handlers, forklifts, and yard tractors, along with hydrogen fuel-cell equipment. The new investment aims to accelerate this shift and highlight how long-term agreements can facilitate investments in cleaner technologies.
Gene Seroka, the Port of Los Angeles executive director, emphasized the importance of Yusen’s partnership in advancing clean air initiatives and their proactive stance in incorporating zero-emission equipment.
Yusen, owned by Ocean Network Express (ONE), reinforces its commitment to investing in terminal capacity and cleaner cargo-handling methods. As ports evolve into hubs for electric and low-carbon energy infrastructure, investments like Yusen’s are vital for decarbonizing global supply chains while ensuring the efficiency of international trade.