AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

California bound: Los Angeles, Long Beach ports regain lost ground.

JoC Week

| April 24, 2006 | Mongelluzzo, Bill | COPYRIGHT 2002 All Rights Reserved. (Hide copyright information)Copyright

Shippers are a fickle lot. When port and rail congestion crippled the ports of Los Angeles and Long Beach in 2004, importers immediately diverted large blocks of cargo to the Pacific Northwest and East Coast, and ports there registered spectacular gains that continued through last year.

But while shippers last year were rerouting their discretionary cargo to other ports, terminal operators in Los Angeles-Long Beach were hiring additional labor and keeping truck gates open longer, and western railroads were expanding their capacity. As a result, the 2005 peak shipping season in Southern California was virtually trouble-free.

The same importers who abandoned Los Angeles-Long Beach last year are now returning to Southern California. Several factors are at work. The ports and railroads remain fluid. All-water services to the East Coast are booked solid, leaving the West Coast the only feasible gateway for added cargo volume. Finally, with larger vessels entering the Pacific Southwest services each month, freight rates to Los Angeles-Long Beach have dropped 10 to 15 percent.

"Discretionary cargo is moving back to Southern California," said Paul Bingham, a principal at the research and consulting firm Global Insight. "The region's natural advantages will come back into play."

According to figures published by the Pacific Maritime Association, container …

Related articles from newspapers, magazines, journals, and more
1984 Olympic Games Surplus Continues to Benefit Local Youth: Amateur Athletic...
News wire article from: Europe Intelligence Wire January 21, 2004 700+ words
Chevron wants to resume tankering of Point Arguello crude to Los Angeles on...
Magazine article from: The Oil and Gas Journal January 31, 1994 700+ words
Los Angeles--three supermarket chains in Southern California and the union...
Magazine article from: Drug Store News December 17, 2003 700+ words
USC and Los Angeles PL Vie for Newspaper "Morgue." (University of Southern...
Magazine article from: American Libraries McCormick, Edith December 1, 1990 700+ words
A Legacy of the Games of the XXIII Olympiad: Youth Sports Organizations in...
News wire article from: Europe Intelligence Wire October 17, 2006 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily