Monday, October 12, 2015

L.A., Long Beach ports losing to rivals amid struggle with giant ships

Yep.  CA is struggling.

The ports handled 39% of U.S. container imports in 2002; that fell to 32% by 2013, according to U.S. census data. They have lost business to competitors at a time when, overall, global trade is booming and imports are rising at all ports, including L.A. and Long Beach.

"The dominance of Southern California as the Asia gateway is facing a lot more competition," said maritime consultant John Martin, who analyzed the trade data.

The loss in market share represented an estimated 12,300 direct and indirect California jobs in 2013, and more than $112 million in state and local tax revenue, according to Martin's research.
Before I covered the fact that CA could not get its collective act together to meet this problem.  State regulations and turf wars were slowing things down considerably.  Now we can see the effect.

They're losing.

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