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Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than First Half Of 2020

PYMNTS

In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC. Port of Los Angeles Executive Director Gene Seroka , speaking Monday (Dec. 28) on CNBC, said the cargo volume is up 50 percent.

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Tech Center: Los Angeles On The Brink Of Becoming Tech Power Player

PYMNTS

However, Los Angeles has been coming into its own over the last decade or so. In this week’s Tech Center tracker, Shivani Siroya, CEO of Tala , spoke with PYMNTS on how the Los Angeles area is becoming a center for tech. Los Angeles County had an estimated population of 10 million in 2015.

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LA Lakers Return PPP Loan

PYMNTS

Treasury rolled out its latest Paycheck Protection Program (PPP) funding to rescue small- to medium-sized businesses (SMBs), the Los Angeles Lakers returned $4.6 million to the fund, the team said on Monday April (27), according to the Los Angeles Times. Another $10 million went to the coal mine operator Hallador Energy.

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Vans Skates Into LA With Community-Driven Concept

PYMNTS

Youth-oriented shoe and apparel brand Vans has found the intersection of both, as seen in its most recent store opening this past week in Los Angeles. It operates dozens of b8ta stores across the United States, and its platform is open to other retailers and independent product designers.

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On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. Reports citing an email Munchery sent to customers Monday (January 21) said the shutdown isn’t too surprising given in May it was forced to lay off 257 employees, which amounted to 30 percent of its workforce.

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Uber Files Federal Suit Against LA Over Data Demands

PYMNTS

In an unexpected twist for a tech company, Uber has filed a federal lawsuit against the Los Angeles Department of Transportation (LADOT), one that has been brewing for 18 months, according to a Wall Street Journal report on Wednesday (March 25). Uber’s draft lawsuit accuses the LADOT of violating the U.S.

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Uber Seeks Investors To Launch Startup For Postmates X Delivery Robot

PYMNTS

Postmates started trialing sidewalk delivery bots in 2017 and launched Serve in December 2018, with a commercial rollout planned in Los Angeles. It’s now commercially operating in both Los Angeles and San Francisco. Uber acquired Postmates to help Uber Eats scale in U.S.