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|Sunday, July 01, 2007|
Global freight traffic is up and the Port of Portland is poised for growth, as long as congestion doesn’t derail it.
By Christina Williams
The Port of Portland is small. Dinky, even. It’s 104 miles up a river and even when dredging is completed on the Columbia it’s not going to be able to accommodate the huge new container ships that are blazing around the globe these days.
But supporters of the port are optimistic despite these shortcomings for one simple reason: As the U.S. appetite for foreign goods continues to swell, freight moved in this country is expected to double in the coming decades, with most imports coming from Asia and looking for a place to land on the West Coast.
“I can tell you that 10 years ago, I would have sat right here and said there will only be two super-ports [on the West Coast], Southern California and the Puget Sound,” says Dale Sause, president and CEO of Coos Bay-based marine cargo company Sause Bros. “I would have said everything in between didn’t count. But I can’t say that same thing now. We are in a new world.”
But, if Portland, which works closely with Washington’s Port of Vancouver (which, at just 197 TEUs moved last year is even smaller than Portland), is a diamond in the rough for shippers who want to hedge their bets by bringing cargo into the U.S. through a less-congested port, it certainly isn’t the only one. Newly developed ports in Mexico and Canada are also gearing up to absorb more West Coast trade traffic and will be competing for the same shipping business with the same low-hassle marketing message.
And news this spring that another shipping giant, A.P. Moller-Maersk Group, is eyeing Coos Bay for a terminal that would be similar to the one in Prince Rupert highlights the fact that Oregon could benefit — in the form of the jobs and revenue that come from handling freight — from the growing demand for port capacity.
In May, several hundred people representing North-west ports, shippers, logistics companies and manufacturers converged in Portland for the first Northwest Intermodal Conference, a meeting to discuss the issues that Northwest ports face — namely not enough railroad capacity, not enough truck capacity, not enough people, not enough love from the general population and not enough sunshine.
PORTLAND HAS ANOTHER MOTIVATOR for fixing its transportation issues and winning more import traffic: empty containers.
Oregon’s always been an export-heavy state, shipping lumber and agricultural goods, and the state still has plenty to sell. The Port of Portland is the third-largest export center for grain in the world and the largest wheat export port in the United States. Top exports by volume include wheat, potash, soda ash (both used in making glass and detergents) and compressed hay. By pursuing importers, the port ensures that Oregon exports have a ready ride to Asia.
In 2003, Virginia discount retailer Dollar Tree opened a distribution center in Ridgefield, Wash. Now the Port of Portland is the No. 1 U.S. port for Dollar Tree’s considerable Asia import trade.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
Monday, February 09, 2015
BY MEGHAN NOLT
VIDEO: Gifford's Flowers brings family approach to PSU-area shop.
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Wednesday, March 04, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Friday, March 27, 2015
BY LINDA BAKER
My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.