(Reuters) – Port of Los Angeles Resumes Cargo Operations After Fire Incident
The Port of Los Angeles has announced the resumption of cargo operations following a recent fire incident involving a tractor trailer carrying lithium batteries that overturned at Terminal Island.
According to a statement posted on social media platform X, the terminals that were temporarily closed due to the accident are expected to be fully operational again by Saturday, September 28. This development comes after roadways such as the Vincent Thomas Bridge and Seaside Avenue were reopened, and cargo operations resumed following the relocation of the trailer to a safe location to burn itself out.
The fire near Ocean & Navy Way on Terminal Island last Thursday caused disruptions in operations at the Port of Los Angeles, resulting in the closure of several terminals including APM Terminals, Fenix Marine, Everport, and Yusen Terminals.
### Analysis:
The Port of Los Angeles has successfully resumed its cargo operations after a recent fire incident involving a tractor trailer carrying lithium batteries. This news is crucial for investors as disruptions in port operations can impact supply chains and ultimately affect financial markets. It is important to monitor such developments to assess potential risks and opportunities in the market.