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 February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

First Supramax Vessel for Japan-Italy Venture

'DACC Tirreno' was delivered at the Oshima shipyard in Japan yesterday, the first of four Supramax bulk carriers for the dACC Maritime Limited fleet, the joint

Austal Graduates 48 4-Yr Apprentices

Austal USA combined two classes to graduate a total of 48 members of Austal’s cutting-edge four-year apprenticeship program yesterday at a formal ceremony held at the Arthur R.

BAE Systems to Expand San Diego Shipyard

BAE Systems announced it will invest approximately $100 million to expand drydocking capabilities at its San Diego shipyard.   The investment, which will include

Ports

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

China Unveils Action Plan on Maritime Silk Road

China has unveiled the principles, framework, and cooperation priorities and mechanisms in its Maritime Silk Road initiative in a bid to enhance regional connectivity

China Maritime Silk Road to Touch India for Namesake

Chinese officials on Saturday fleshed out some details for the country's ambitious 21st Century Maritime Silk Road (MSR) project in its “one belt, one road,” action plan.

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.1325 sec (8 req/sec)