STATE OF THE PORT LOS ANGELES TRANSPORTATION CLUB MARIO CORDERO EXECUTIVE DIRECTOR PORT OF LONG BEACH JULY 9, 2019
PORT OF LONG BEACH
MAJOR ECONOMIC ENGINE $BILLIONS IN TRADE, THOUSANDS OF JOBS
PORT-CONNECTED JOBS 51,000 JOBS – 1 IN 5 IN LONG BEACH 575,000 JOBS IN 5-COUNTY REGION 705,000 IN CALIFORNIA 2.6 MILLION IN U.S.
TOP TRADING PARTNERS CONTAINERIZED IMPORTS HONG KONG, 81,741 , TAIWAN THAILAND, 49,239 , 2% ITALY, 49,804 , 1% 2% 1% JAPAN, 190,333 , 5% AUSTRALIA, 28,589 , SOUTH KOREA, 1% 199,389 , 5% VIETNAM, 247,939 , CHINA, 2,755,001 , 6% 68% OTHER, 378,076 , 9% *BASED ON 2018 CONTAINER CARGO (TEUS, TWENTY-FOOT-EQUIVALENT UNITS) 5
TOP TRADING PARTNERS CONTAINERIZED EXPORTS HONG KONG, 40,800 , AUSTRALIA VIETNAM, 81,006 , 3% 6% 6% INDONESIA, 37,355 , 3% JAPAN, 95,782 , 8% THAILAND, 23,221 , TAIWAN, 152,134 , 2% 12% CHINA, 355,800 , 28% SOUTH KOREA, 170,936 , 14% OTHER, 227,230 , 18% *BASED ON 2018 CONTAINER CARGO (TEUS, TWENTY-FOOT-EQUIVALENT UNITS) 6
BUSIEST U.S. CONTAINER PORTS 0 1 2 3 4 5 6 7 8 9 10 1. LOS ANGELES 2. LONG BEACH 3. NEW YORK/NEW JERSEY 4. SAVANNAH 5. SEATTLE/TACOMA 2018 2017 2016 *millions of twenty-foot equivalent units (teus) or 20-foot-long containers 7
TOP 10 N. AMER. CONTAINER PORTS 0 1 2 3 4 5 6 7 8 9 10 1. LOS ANGELES 2. LONG BEACH 3. NEW YORK/NEW JERSEY 4. SAVANNAH 5. SEATTLE/TACOMA 6. VANCOUVER 7. MANZANILLO 8. NORFOLK 9. HOUSTON 10. OAKLAND *millions of twenty-foot equivalent units (teus) or 20-foot-long containers in 2018 8
www.polb.com/strategicplan MASTER OF CEREMONY DR. NOEL HACEGABA MANAGING DIRECTOR OF COMMERCIAL OPERATIONS
Our Vision The Port of Long Beach will be the global leader in operational excellence and environmental stewardship. Mission The Port of Long Beach is an international gateway for the reliable, efficient and sustainable movement of goods for the benefit of our local and global economies. Value Proposition Our customers choose the Port of Long Beach because we are the most reliable, most cost-effective and greenest gateway for the movement of goods to and from America’s major consumer markets and producers.
CARGO FORECAST 2040 18.5 M 20.0 18.0 16.0 2018 14.0 12.0 8.1 M 10.0 1990 8.0 1.5 M 6.0 4.0 2.0 0.0 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016 2019 2022 2025 2028 2031 2034 2037 2040 * millions of twenty-foot equivalent units (teus) or 20-foot-long containers
BRIDGE TO EVERYWHERE $1.5 BILLION DESMOND BRIDGE REPLACEMENT 12
MAKING PROGRESS
LONG BEACH CONTAINER TERMINAL MOST ADVANCED, GREENEST
BIG SHIP READY CRANES ELECTRIC, PARTIALLY AUTOMATED
$1 BILLION Investment in Rail Improvements 16
RAIL INVESTMENTS 9 th STREET PIER B ON-DOCK RAIL CROSSING RAIL SUPPORT CLOSURE FACILITY TERMINAL 4 th TRACK AT ISLAND WYE OCEAN BLVD TRACK REALIGNMENT DOUBLE TRACK ACCESS from PIER G to PIER J
PIER B ON-DOCK RAIL SUPPORT FACILITY
10,000 FEET! TRAINS CAN BE TWO MILES LONG
EDUCATION OUTREACH NEW AND EXPANDED PROGRAMS
NEW HEADQUARTERS 22
THANK YOU
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