Port of Los Angeles Gets It

As part of President Obama’s National Export Initiative Agenda, which calls for a doubling of U.S. exports over a five-year period, the Port of Los Angeles continues to focus on assisting businesses throughout the region.

By ·

As part of President Obama’s National Export Initiative Agenda, which calls for a doubling of U.S. exports over a five-year period, the Port of Los Angeles continues to focus on assisting businesses throughout the region.

It does this by community outreach, teaching the basics of exporting, including costs, risks, finding overseas markets, trade financing and logistics. Export workshops occur throughout the year.

While the Port of LA experienced record-breaking exports as outbound container volumes, California’s exporters turned in another strong performance in November, marking the 25th consecutive month in which the state’s merchandise export trade increased on a year-over-year basis.

The value of goods shipped abroad by California businesses in November reached $14.07 billion, a nominal gain of 12.7 percent over the $12.49 billion reported in November 2010, according to an analysis by Beacon Economics of foreign trade data released late last week by the U.S. Commerce Department.

Total U.S. merchandise exports were up 12.1 percent over the same period.

California’s exports of manufactured goods edged up 9.6 percent to $8.57 billion, while non-manufactured exports (chiefly raw materials and agricultural products) were up 16.3 percent to $2.14 billion. Re-exports, meanwhile, rose by 18.7 percent to $3.36 billion.?

Overall, the California economy is showing strong signs of turning the economic corner. Beacon Economics’ Founding Partner Christopher Thornberg, said job growth, consumer spending, non-residential construction and industrial vacancies have all showed signs of strong improvement in recent months.

“Much of the momentum behind California’s economy can be traced back to the state’s resurgent export sectors,” Thornberg said.

The Port of Los Angeles also deserves some credit.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Exports · Ocean Cargo · Ocean Freight · All Topics
Latest Whitepaper
Lead your organization through the driver shortage and over-the-road regulations.
Potential transportation disruptions are looming as increased over-the-road regulations are set to go into effect in 2017. Experts believe these regulations will further impact the already challenged driver pool as well as reduce driver productivity.
Download Today!
From the January 2017 Issue
Following LM tradition, we start off the New Year with our annual “Rate Outlook” cover story and subsequent Webcast
Moore on Pricing: The other TMS functional options
2017 Rate Outlook: Where are freight transportation rates headed?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Rate Outlook: Where are freight transportation rates headed?
Join our panel of top oil and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
Register Today!
EDITORS' PICKS
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...

Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....