Tag Archives: trade flows

Port of Los Angeles trade increases by $2 billion year-over-year

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Currently ranked number one in the nation, Port of Los Angeles accounts for 10.0% of U.S. trade and has led the nation in imports since 1992.

China, Japan, South Korea, Vietnam and Taiwan are the top five trading partners of Los Angeles, accounting for 78.3% of its trade with the world.

Year-over-year trade in Los Angeles increased by 3.3%, totaling $63.1 billion in value.

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U.S. seaport report: Cargo volumes are steady; infrastructure work will call the ships to port in the next two years

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Seaports are focused on enhancing their infrastructure to attract ocean carriers, while industrial users want access to population centers and supply chain optimization. Both are positioning themselves to compete and vie for market share, and this is creating excellent momentum for industrial real estate.

Eastern seaboard ports are preparing for the completion of the Panama Canal’s expansion, set for 2015. This will be a game changer for many industrial markets as it… Read More