Long Beach volume to double to 20M containers by 2050 [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Yahoo! Finance
The hub, which along with the Port of Los Angeles comprises the busiest U.S. import gateway, handled about 9.9 million containers in 2025, Chief Executive Noel Hacegaba said at his first State of the Port address. A new forecast projects Long Beach will move 20 million containers annually by 2050. “We have 24 years to prepare to double our container throughput and figure out how we're going to handle all that additional cargo quickly, safely, efficiently and sustainably,” said Hacegaba, who succeeded retired CEO Mario Cordero. “We have set our sights on 2050 because thinking big and planning ahead are critical to our collective success. “Speed to market is the key to our success and rail connectivity is the key to our future.” The San Pedro port complex is served by BNSF (NYSE: BRK-B )and Union Pacific, and short line Alameda Belt Railway. The proposed merger of UP (NYSE: UNP ) and eastern carrier Norfolk Southern (NYSE: NSC ) would extend the ports' reach into the Midwest as w
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BRK.B
Earnings
- 11/3/25 - Beat
BRK.B
Sec Filings
- 1/6/26 - Form 8-K/A
- 12/23/25 - Form S-8
- 12/11/25 - Form 8-K
- BRK.B's page on the SEC website