Ports of Long Beach and Los Angeles image

Ports of Long Beach and Los Angeles to make $60 Million available for Zero-Emissions Trucks

Partnership forged with California Air Resources Board, California Climate Investments and CALSTART incentive program

The Port of Long Beach and the Port of Los Angeles will make $60 million in Clean Truck Fund Rate funding available through the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) for vouchers toward the purchase of zero-emission, Class 8 drayage trucks that operate at the San Pedro Bay ports complex.

The funds will be available to applicants starting at 10 a.m. Tuesday, Nov. 14, at californiahvip.org.

Each port is providing $30 million through the Clean Truck Fund (CTF) Rate, which collects $10 per twenty-foot equivalent unit from cargo owners on loaded containers entering and exiting the port complex. The CTF Rate is a key component of the San Pedro Bay Ports Clean Air Action Plan goal of 100% zero-emissions drayage trucks by 2035.

The voucher program utilizes the existing HVIP funding application process to provide incentive funding toward eligible zero-emissions truck purchases servicing the port complex. Launched by the California Air Resources Board, HVIP is part of California Climate Investments, a statewide initiative that puts billions of cap-and-trade dollars to work by reducing greenhouse gas emissions, strengthening the economy and improving public health and the environment – particularly in disadvantaged communities similar to those adjacent to the ports. Funding is administered by CALSTART, the current HVIP administrator, on a first-come, first-served basis.

Voucher enhancements funded by the ports are $100,000 per truck for fleets with 10 or fewer trucks, and $75,000 for fleets with more than 10 trucks — additional to the HVIP drayage voucher amount of $150,000 per truck and any other applicable HVIP voucher enhancements. The highest potential voucher amount is $250,000 per truck. This funding will support the purchase and deployment of up to 800 new zero-emissions trucks.

For a complete list of HVIP funding requirements, including the eligible trucks and dealers, visit californiahvip.org. For drayage purchasers who don’t meet the HVIP requirements for this specific funding – and for other types of vehicles – funds are still available through standard HVIP and other HVIP categories, including over $100 million in other drayage truck funds.

Free Magazine & eNewsletter

Printed Monthly Magazine

Published monthly, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Digital Monthly Magazine

Published on the fourth Thursday of each month, Material Handling Wholesaler offers feature columns and special coverage of relevant industry issues and products.

Material Handing Wholesaler Weekly Newsletter

Our Weekly newsletter is emailed every Tuesday and contains the latest Industry Events and People News, Source Directory, and important Industry Links.

Forklift International Weekly Hot Sheet Newsletter

Published every Monday morning with the latest material handling equipment
available for sale.

Share the Post:

Related Posts

Our Current Issue

Free Magazine & eNewsletter

Our magazine is published and mailed monthly, Material Handling Wholesaler offers feature columns and special coverage of important industry issues. Subscription is FREE to qualified readers.

Weekly Newsletter – Get the latest industry events and people news in this weekly e-newsletter as well as direct access to Wholesaler’s Source Directory and link.

Current Supplements

Strong start to Q3 with 136 new Industrial Manufacturing Planned Industrial Projects

Industrial SalesLeads released its October 2024 report on planned capital project spending in the Industrial Manufacturing sector. The firm monitors…

Think CASH in ’25

Last month, I suggested that dealers compare their 24 results against their peers’ accounting and cash flow budgets. I also…

Assessing Machinery Dealer Fundamentals – A Strategic Approach

Are you ready for 2025? Here is a 60-question assessment of how well your business has adopted those fundamental Best…