Port of LA is Top Gateway

Wednesday, December 29, 2004
The Port of Los Angeles became the top U.S. international freight gateway by shipment value in 2003, according to a soon to be released report from the U.S. Department of Transportation’s Bureau of Transportation Statistics. America’s Freight Transportation Gateways shows that Los Angeles’ water port handled $17 billion in export trade and $105 billion in imports, totaling $122 billion in business handled by the port.

Los Angeles handled $10 billion more than the $112 billion in freight that moved through JFK International Airport, now the second-ranked international freight gateway in 2003. JFK held the number one position on the list of international freight gateways since 1999, but was overtaken by the Port of Los Angeles last year. The top three gateways by value represent three different transportation types: water (Port of Los Angeles), air (JFK), and land (Detroit’s land border crossings).

The top 10 U.S. freight gateways serve as national and multi-state regional trade gateways, in addition to serving local markets. Those same freight gateways handle freight originating or terminating far outside their local markets. For example, 70 percent of the value of shipments passing through Detroit, originate or terminate outside Michigan. In Laredo, Texas the busiest U.S.-Mexican port, 75 percent of the value of shipments start or end outside the state.

Top 10 U.S. International Freight Gateways, Ranked by Value of Shipments: 2003 (Billions of current U.S. dollars)

1.Port of Los Angeles, CA (water)

2.JFK International Airport, NY (air)

3. Port of Detroit, MI (land)

4. Port of New York and New Jersey (water)

5. Port of Long Beach, CA (water)

6. Port of Laredo, TX (land)

7. Los Angeles International Airport, CA (air)

8. Port Huron, MI (land)

9. Port of Buffalo-Niagara Falls, NY (land)

10. Chicago, IL (air)

Source: U.S. Department of Transportation, Bureau of Transportation Statistics, America’s Freight Transportation Gateways, Table 2, December 2004. Available at www.bts.gov.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Water-cooled WGM Motors From WEG

WEG, a supplier of drive technology, introduced its water-cooled WGM motors to the shipbuilding industry for the first time at SMM 2014. The WGM water-cooled induction motors are compact,

Henderson, Hanes & Associates Opens Doors in Miami

Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht Community The Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc.

Austal Launches Trenton (JHSV 5)

Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV

Ports

Port City Plans for New Cargo Taxes Angers Kenya Govt, Shippers

Proposals by a local authority to impose new taxes on cargo at Kenya's main port has drawn opposition from the government and shippers, saying it will hike import

DP World Mulls Senegal Free Zone

DP World  is looking to develop a free zone in Senegal, Chairman Sultan Ahmed bin Sulayem said on Wednesday. Sulayem was speaking at an African investment event in Dubai.

Skangass Builds LNG Terminal in Pori, Finland

With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016.

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1371 sec (7 req/sec)