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The Port of Long Beach's monthly newsletter
February 2012
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Porthole icon Around the Port...

Big Ship Ready

With container ships getting bigger every year, a seaport's ability to service large ships and its proximity to logistics resources will be key competitive factors in the future, Managing Director of Trade Development and Port Operations Sean Strawbridge told the Los Angeles Customs Brokers & Freight Forwarders Association recently. "That's going to be the game changer," he said.
The Port of Long Beach is one of the few North American seaports equipped to handle the world's largest container ships -- more than half of the world's fleet is expected to be 10,000-TEU (twenty foot equivalent unit) vessels or larger by 2014. And its supply chain partners are ready as well.
Southern California has robust local consumer demand, a vast network of trucking and rail service, and 1.7 billion square feet of warehouse, distribution and manufacturing capacity — the world's largest. The Port's confidence in its future is underscored by a 10-year, $4.5 billion capital improvement program whose projects include redeveloping Middle Harbor and replacing the Gerald Desmond Bridge.
Read More: For more information on Port projects, click here.
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Port Development Spurs Jobs

Port development projects added about 3,000 jobs and nearly $300 million to the Southern California economy in 2011. More than 95 percent of the new jobs were construction-related and directly attributable to the kickoff of Port development projects such as the Middle Harbor Redevelopment and the Gerald Desmond Bridge Replacement.
The 2011 activity reflects a tripling of new jobs generated by Port projects compared to the previous year, Director of Master Planning Larry Cottrill told the Board of Harbor Commissioners. Port-related construction jobs are expected to grow over the coming decade as the Port spends about $4.5 billion to develop and modernize its facilities. In addition to thousands of construction jobs, Port investment is projected to add 50,000 permanent jobs to the existing base of 316,000 jobs its activity supports throughout the region.
Watch Video: To watch video of Director of Master Planning Larry Cottrill's presentation, click here.
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January Cargo Volumes Down

The Port's container trade volume dipped 3.9 percent in January compared with the same period a year ago. Imports were down 5.5 percent, and exports fell 8.2 percent. Port terminals handled 456,424 twenty-foot equivalent container units last month, compared with 474,960 TEUs in January 2011.
The decline in imports reflects caution in the retail sector. Import volumes typically pick up leading up to the Chinese New Year as U.S. retailers tend to stock up in anticipation of factories in Asia closing down for a week or more. The volumes also reflect a slowdown of raw material exports to China, which is a seasonal norm.
Read the Data: For the latest TEU figures, click here. Tonnage summary reports are here.
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Grants Get Big Response

Port grants aimed at reducing greenhouse gas emissions have attracted 82 applicants. Local nonprofit groups, government agencies and Port tenants were invited to apply for funding under the Port's Greenhouse Gas Emissions Reduction Grant Program.
The application deadline was February 16, and the Port will distribute $5 million to qualifying projects. An outside advisory panel will now review the proposals and make its recommendations to Port staff.
Final approval of grants by the Long Beach Board of Harbor Commissioners is expected this summer. The funding to reduce greenhouse gas emissions is part of $15 million in grants tied to the Port's Middle Harbor Redevelopment Project.
Learn More: For more information about the Greenhouse Gas Reduction Mitigation Grants, click here.
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Bridge Project Update

Four pre-qualified construction firms are expected to compete for the contract to design and build a bridge that will replace the Gerald Desmond Bridge. The bids are due March 2.
The $950 million construction project is expected to take five years, and generate an average of 4,000 jobs during each year of construction. The project is fully funded with a combination of Port, regional, state and federal dollars.
The construction contract will be awarded later this year, with full construction beginning in 2013. Built in the 1960s, the existing bridge was not designed to handle the present-day volume of traffic.
Read More: For information about the Gerald Desmond Bridge Replacement Project, click here.
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Port Scholarships

Every year, the Port awards about $50,000 in scholarships to local students. High school seniors have until March 2 to apply for the 2012 session.
The annual awards are for students who plan to pursue careers in international trade, goods movement or other port-related industries. Scholarship awards range from $1,000 to $8,000 per student.
Read More:For more information, click here.
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New "Pulse of the Port"
The latest episode of the award-winning video program Pulse of the Port spotlights Port Executive Director J. Christopher Lytle's first State of the Port address.
Plus Assistant Director of Port Security Steve Ruggiero's Bronze Star medal, pollution-free drayage trucks and the Martin Luther King Jr. Parade and Celebration. For the latest episode, click here.

Middle Harbor Update
Construction is moving forward on the 9-year, $1.2 billion Middle Harbor Redevelopment Project.
The Port and Orient Overseas Container Line (OOCL) are finalizing a $4.6 billion, 40-year lease on the property while construction crews drive concrete piles. For a video update on the project, click here.

Connecting People and Jobs
New construction means jobs, and the Port's $4.5 billion in infrastructure projects will mean thousands of them over the next decade. The Pacific Gateway Workforce Investment Network, a Long Beach agency, connects people to training and job opportunities created by the Port's investment, including the Middle Harbor Redevelopment Project. To watch video, click here.
For more information about the Pacific Gateway Workforce Investment Network, go to /news/displaynews.asp?NewsID=967&TargetID=7.

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