Port Solutions Project
The Ports of Los Angeles and Long Beach are not only integral components of Southern California’s business landscape but one of the most critical assets of the USA. Together they make up the nation’s largest gateway for international trade, accounting for 40% of the nation’s imports and over $400 billion in goods. However, in recent years the Ports of LA/LB have gradually lost market share to other U.S. ports and, more significantly, to Canadian and Mexican ports. Increased competition and ongoing operational inefficiencies are placing the Ports of LA/LB at risk of losing additional market share, which would have a serious effect on the regional and national economy. In this discussion we will explore the impact of the port solutions research project along with supply chain optimization (SCO) initiatives.