Aug 09, 2017
Port of Los Angeles Executive Director Gene Seroka told AJOT he expects a record number of containers to be handled by the Port in 2017: “We expect 2017 to be a strong year and we are looking at a 9% increase over Calendar Year 2016.”
In 2006, Los Angeles surpassed an annual throughput of 8 million TEUs, a decade-long record that was broken with CY (Calendar Year) 2016 volumes of 8.8 million, according to a Port press release. The release went on to say: “The Port of Los Angeles closed its 12-month fiscal year with total cargo volumes of 9.2 million Twenty-Foot Units (TEUs), a new annual record for most container throughput for a Western Hemisphere port. Volumes increased 8.1 percent in June compared to the same period last year, marking the second busiest June in the Port’s 110-year history.”
The recent agreement between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) to extend their contract to July 2022 will also assure continuity and stability for the Port of Los Angeles, Seroka said: “The International Longshore and Warehouse Union’s vote to extend their contract by three years helps sustain the momentum building in our supply chain as we continue to focus on delivering innovation, value and efficiency for the US importers and exporters. The certainty that comes with this contract extension is great news for all of Southern California, where one in nine jobs in the five-county region are connected to the San Pedro Bay port complex.”
The current agreement was set to expire on July 1, 2019; the newly approved three-year pact will extend the expiration to July 1, 2022.
Partnership with General Electric
Last November, GE Transportation and the Port of Los Angeles announced a partnership to develop a first-of-its-kind digital solution to keep cargo flowing efficiently through America’s largest container port. Since, the partners have been working together to build a platform that digitizes maritime shipping data and makes it available to cargo owners and supply chain operators through secure, channeled access. Seroka said: “By working together to share data in a secure and controlled environment, we have already seen the potential for tremendous benefits for importers, truckers, shipping lines, terminals, chassis providers and the entire supply chain. Greater insight leads to better planning and lower cost, all of which have a direct impact on every company that is involved in international trade.”
Seroka told AJOT that the relationship with General Electric is creating “a new information development partnership that will include improved appointment systems, better information sharing and new apps for port customers to improve pick-ups and deliveries.”