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20-Apr-09 3:00 PM  CST  

Los Angeles Port's Rivals Gain Market Share 

Los Angeles and neighbor Long Beach has long been the #1 Port in the United States but this status may beginning to erode. A receive article in the Wall Street Journal Confirmed this.
 
Next month, shipping giant AP Moeller-Maersk will begin docking A line of 6,000-container ships  in Seattle that currently go to Southern California.
 
Business in the West Cost is becoming more competitive and ports like Seattle our part of the reason Los andgeles container volume was down 6% in 2008.
 
For the full article on this trend you can click the following link. http://online.wsj.com/article/SB123966509693815117.html
 
While the Maersk move is a small fraction of the eight million containers handled annually at the Port of Los Angeles, it does show how the nation's largest port is coming under pressure as volumes drop. New regulations, such as tougher environmental restrictions, have made the port more fuel efficient, but the additional costs have made it more vulnerable to losing market share of U.S.-bound goods.
 
Major interruptions at the Port of Los Angeles -- including a West Coast lockout of dockworkers in 2002 and a large backup at the port in 2004 have also made some shippers wary of putting all their container traffick into that one port of Los Angeles.
 
This is why lane segments must be evaluated on an ongoing basis by importers and exporters. If you need assistance in finding the best port of entry or exit from the US, Gateway can assist with those decisions.
 
Gateway Logistics Group - A freight forwarder focusing on logistics management in ocean freight forwarding, air freight shipping and trucking logistics.  The Gateway Logistics Group is a logistics company offering transportation logistics for freight forwarding and logistic services for freight transportation, customs brokerage for global logistics, cargo insurance for transport logistics and freight tracking for all worldwide logistics services.
 

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For additional information on this Industry News article, please contact:

David Collins
(281) 443-7447

Source: Wall Street Journal
http://online.wsj.com/article/SB123966509693815117.html

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