India Trade Conference Trade and Logistics Panel Sea & Air Cargo Trends  Air Cargo  Ocean Freight  Logistics Challenges & Solutions.

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Presentation transcript:

India Trade Conference Trade and Logistics Panel Sea & Air Cargo Trends  Air Cargo  Ocean Freight  Logistics Challenges & Solutions

India Trade Conference Trade and Logistics Panel Moderator: Jim MacLellan, Port of L.A.  Mr. Eddie Northen Vice President of Finance UPS West Region  Mr. Matt Hill General Manager Trade and Marketing Maersk Line  Mr. Nick Vyas, CEO, Allogistx

Los Angeles Customs District Port of LA, LB and LAX Airport Top Trading Partners (2010) 1.China/HK $ 150 Billion 2.Japan $ 40 Billion 3.Korea $ 21 Billion 4.Taiwan $ 14 Billion 13. India $ 5.7 Billion

Los Angeles Customs District Port of LA, LB and LAX Airport Trade with India (2010) Number # 13 Trading Partner LA Trade with India increased % Import$ 4.0 Billion Export$ 1.7 Billion Total Trade $ 5.7 Billion

Los Angeles Customs District Trade with India (2010) Imports 1.Diamonds 2.Linens 3.Oil 4.Seafood 5.Women & Girls’ Suits 6.Jewelry Parts 7.Men’s & Boys’ Shirts & Suits 8.Sweaters & Vests

Los Angeles Customs District Trade with India (2009) Exports 1.Diamonds 2.Cellular Equipment 3.Medical Technology 4.Almonds & Nuts 5.Navigational Equipment 6.Computers 7.Aircraft 8.Medical Instruments 9.Cotton 10.Machining Centers for Metal

Capacity to handle close to 18 million TEUs Population of 21.5 million within 2 hour truck trip from the Port Large business base of over 485,000 firms 660 million sq. ft. of warehousing in 80 miles Largest concentration of manufacturing activity Excellent port & intermodal rail infrastructure Source: Los Angeles County Economic Development Corp. Port of Los Angeles The Right Place for Business !

Benefits of International Trade to Los Angeles & Southern California An economic engine generating over 1 million direct & indirect jobs in Southern California 100 trains per day to and from the LA/LB Ports LA/LB Ports handle 1/3 rd of total U.S. global trade International trade is LA’s largest employment sector Signs of Recovery ! Consistent monthly recovery in Port & Airport cargo since December, 2009 POLA had a record export year in 2010 ! 8