“We are actually on the front end of a long-term structural change of business models where people are building their supply chains around California” for goods not destined for California,”

Is the Bloom Off California’s Rose? Some Say Yes.
US Gulf, East Coast ports vie to attract container cargo and business from the once-Golden State
The CalTrade Report

LOS ANGELES – 12/04/08 – The continuing global economic crisis, dreary retail sales, and increased efforts by US Gulf and East Coast ports to attract container cargo are severely impacting the volume of goods moving through California’s deep-water container ports, according to the monthly Port Tracker report released this week by the National Retail Federation (NRF). 
 
Overall, nationally cargo volume at the nation’s major retail container ports is expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy.

Container cargo volumes moving through the West Coast ports fell again in October, and 2008 is now expected to be the slowest year since 2004, the report said. 

Import and export container volume moving through the Port of Los Angeles, the nation’s busiest box port, was off 3.9% for the 12-month period ending in October, while the Port of Long Beach, the nation’s second ranked port, was down 7.7% during the same period. 


 

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