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California Governor Arnold Schwarzenegger has vetoed legislation that would have imposed a $30 per TEU fee on all containers moving through the ports of Los Angeles and Long Beach.
The bill would have raised approximately $500 million each year for infrastructure development, port security, and pollution reduction.
Opponents say the fee would have prompted shippers and ocean carriers to divert cargo to other ports.
The bill would have raised approximately $500 million each year for infrastructure development, port security, and pollution reduction.
Opponents say the fee would have prompted shippers and ocean carriers to divert cargo to other ports.
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