By Mark Edward Nero
A noted trade expert is calling for an export resurgence to stimulate the US economy and says that the Port of Oakland, which has strong exports, can help make it happen.
“Oakland supports exports, and people who support exports give us hope,” economist Walter Kemmsies recently told an audience of 100 supply chain leaders gathered last week in the port’s Jack London Square.
Kemmsies, the chief strategist for commercial real estate giant Jones, Lang, Lasalle, said export growth can help the US manage its debt burden. First, however, it must make infrastructure investments to become more efficient at serving overseas markets, he said.
Kemmsies noted that the US has underperformed as an exporter for the last 30 years. The Port of Oakland however, is considered one of America’s leading export gateways. Containerized export volume shipped through Oakland increased more than 10 percent in 2016. So far in 2017, exports have accounted for 52 percent of its total cargo volume. A rare occurrence in the US, as most ports are heavily skewed towards imports.
“The heroes are those who have an import-export balance,” Kemmsies said. “And Oakland is an important part of that.”
Consumer growth globally is accelerating fastest outside the US, Kemmsies said, as the result of explosive middle class expansion in developing countries – primarily in Asia. American producers need to tap overseas markets, the economist explained, to remain competitive.
Kemmsies also said the US should concentrate on high-value exports including agricultural commodities – an Oakland mainstay.
“A less US-centric world requires more US exports,” he concluded.
Showing posts with label container exports. Show all posts
Showing posts with label container exports. Show all posts
Friday, April 28, 2017
Tuesday, April 22, 2014
POLB to Host Global Exports Workshop
By Mark Edward Nero
The Port of Long Beach, in conjunction with UPS, is scheduled to host a free workshop entitled “Go Global: Achieving your Growth Goals,” on two separate days next month. The workshops are geared toward those new to exporting, as well as those wanting to reach new markets abroad.
The Port of Long Beach, in conjunction with UPS, is scheduled to host a free workshop entitled “Go Global: Achieving your Growth Goals,” on two separate days next month. The workshops are geared toward those new to exporting, as well as those wanting to reach new markets abroad.
Among the information scheduled to be provided: the benefits
of going global, and how businesses can increase sales and profits, reduce
dependence on traditional markets and grow their international reach.
The first workshop is scheduled for 8 am to noon, Wed., May
7 at The Grammy Museum, 800 W. Olympic Blvd. #245, Los Angeles, CA 90015. The
second is planned for 8 am to noon, Wed., May 21 at Ontario Convention Center,
2000 East Convention Center Way, Ontario, CA 91764.
Scheduled speakers for both events include: Port of Long Beach
Business Development Manager Gina Barro; Noel Massie, president of the Southern
California District of UPS; Brian Peck, the Deputy Director of International
Affairs & Business Development for GO-Biz; and Dan Gardner, president of
Trade Facilitators, Inc.
Attendance and breakfast are free; however, each venue
charges for parking. More information and registration for the May 7 workshop
is available at http://www.polb.com/economics/may7workshop.asp.
Registration for the May 21 workshop can be done online at http://www.polb.com/economics/may21workshop.asp.
Friday, November 18, 2011
POLA Sees Major Surge in Exports
The Port of Los Angeles saw a 28 percent increase in loaded outbound cargo containers in October over the same month last year, according to new data. Imports also rose last month, increasing by five percent compared with October 2010.
Broken down, the number of full containers exported was 193,547, an increase of almost 42,500 over October 2010. The number of loaded inbound containers last month was 368,842, an increase of about 19,300, or 5.5 percent, over the same month last year.
The complete number of loaded containers imported and exported during the month was 562,390, a 12.3 percent increase over October 2010. The number of empty containers however, fell to 150,195 last month from 181,790 during the same month last year, a decrease of over 17 percent.
Total container traffic during the month amounted to a 4.4 percent year-over-year rise, to 712,586 TEUs from October 2010’s 682,384.
During the first 10 months of the calendar year, TEU traffic has risen at the Port of LA by just 44,653 containers, or 0.6 percent.
Although the import numbers remain weak, the port’s October exports total was the highest of the calendar year so far. It’s being attributed in part to an increase in demand of a number of products that California is known for growing, manufacturing and exporting, such as agricultural goods, raw metals, electrical equipment and computers.
Broken down, the number of full containers exported was 193,547, an increase of almost 42,500 over October 2010. The number of loaded inbound containers last month was 368,842, an increase of about 19,300, or 5.5 percent, over the same month last year.
The complete number of loaded containers imported and exported during the month was 562,390, a 12.3 percent increase over October 2010. The number of empty containers however, fell to 150,195 last month from 181,790 during the same month last year, a decrease of over 17 percent.
Total container traffic during the month amounted to a 4.4 percent year-over-year rise, to 712,586 TEUs from October 2010’s 682,384.
During the first 10 months of the calendar year, TEU traffic has risen at the Port of LA by just 44,653 containers, or 0.6 percent.
Although the import numbers remain weak, the port’s October exports total was the highest of the calendar year so far. It’s being attributed in part to an increase in demand of a number of products that California is known for growing, manufacturing and exporting, such as agricultural goods, raw metals, electrical equipment and computers.
