You might be surprised how much the Ports of Los Angeles and Long Beach are growing the So-Cal economy.
Did you know that two very local ports €“ Los Angeles and Long Beach €“ handle over 40 percent of container trade in the entire United States? California bridges our nation with Asia (including economic powerhouse China) so it's not particularly surprising that we see a lot of business through the Golden State. What is surprising is that these two ports alone handled $409
billion in imported and exported cargo last year.
Port activity doesn't show any signs of slowing down. Imports to these ports have been hitting record highs recently, driven by U.S. consumer demand. In July and August, both the Port of Los Angeles and Port of Long Beach hit cargo volumes we hadn't seen since pre-Recession 2008. Last quarter, we saw a 5.7 percent growth of volumes through the Port of LA. Recent figures point that these growth trends will only continue.
Business at these ports is great for Southern Californians. Millions of jobs have been created because of the traffic through the Ports of Long Beach and Los Angeles. In Long Beach, the Port creates one in eight jobs in the city. It's also responsible for 1.4 million jobs throughout the country because of its trade. The Port of Los Angeles has created 148,000 jobs in Los Angeles and 1.7 million jobs throughout the United States. In short, these ports both play a significant role in our local economy.
If you'd like to learn more about local transportation and how it affects our CA economy,
contact MDS Inc. As
mail delivery & custom courier service experts, we're committed to staying informed about the latest growth trends in transportation so we can stay ahead of the curve and best serve you. For all of your delivery and courier needs, call us today!
