Exclusive: US Port Report 2016 Released
Port Technology is proud to publish the latest US Port Report for 2016 with partner Descartes Datamyne.
With so much happening politically in the US recently, the port industry could be forgiven for overlooking the effects events in the global economy, the expansion of the Panama Canal, and liner alliances have had on the US port sector.
US President Trump’s mantra of protectionism may dominate the headlines, yet an upsurge in trade does finally seem to manifest an auspicious horizon for the maritime industry at long last.
No one will be surprised to see the report shows the top 20 ports remain virtually the same for 2016 as they were in 2015, yet we can see that there have been some big improvements and big losses for ports, which runs in line with industry analysis warning the future holds big jackpots and big risk.
Notably, the Port of Los Angeles has really moved forward.
The premier port of the US has recorded a 9.3% jump in volumes handled, throwing off the shackles of congestion wrought by labour unions in recent years to lead the industry into a new phase with its automated TraPac Terminal.
Despite the controversy of automation in ports and modern digitized terminal practices, it does seem to be solidly on its way to the US, with a government report for the outgoing President Obama outlining benefits of AI and the ways in which it can be implemented without affecting workers in a drastic fashion published publically in the near past.
The 2016 results also show a vast increase for the Port of Virginia (10%), a facility long determined to benefit from the expanded Panama Canal. Now the said canal has opened, it seems to be reaping the rewards. In fact, ports across the East Coast have mostly performed well.