Briefing Report: Has the Ship Sailed - Does California Have the Will to Compete for Container Traffic at the Ports?

Wednesday, June 16, 2010

Read Complete Report (PDF)

California remains home to three of the nation’s largest container ports at Los Angeles, Long Beach and Oakland. Trade through these ports constitutes one of California’s biggest economic engines, processing over $500 billion in goods in 2008, representing more than 40% of all the nation’s containerized imports and nearly 30% of all exports, generating more than $10 billion in state and local taxes and more than 2 million jobs nationwide.

With California struggling to dig its way out of the worst economic downturn since the great depression, international trade may well be our best hope for recovering lost jobs and economic activity. And yet, there is a storm brewing on the horizon for California Ports. Despite their importance to the economy, the state’s ports and trade infrastructure have been taken for granted for years and the competitive advantage that the state has enjoyed and the economic benefits they have brought could very well disappear over the next decade.

Read Complete Report (PDF)