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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.
Tuesday, February 25, 2014
BY LINDA BAKER
Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.
Wednesday, April 02, 2014
A new report explores the impact of millennials on Oregon's business and political climate.
Tuesday, February 25, 2014
BY JESSICA RIDGWAY
A self-proclaimed “chile head,” John Ford “grows, eats and does everything spicy.”
Friday, April 11, 2014
TOM COX | OB BLOGGER
The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.
Tuesday, February 25, 2014
BY BRANDON SAWYER
Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.
Friday, April 04, 2014
BY ERIC FRUITS
The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?
Thursday, February 20, 2014
BY VIVIAN MCINERNY | OB BLOGGER
As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.
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Marketing the state brings new business, new jobs and a better quality of life for everyone.
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
NAI Norris, Beggs & Simpson just completed their newly rebranded First Quarter Market Reports. Not only does it feature a brand new format, but the report ensures accuracy due to the annual truing up of their database.
Samuel Hernandez, an Associate at Barran Liebman, is the recipient of a 2014 Oregon State Bar Litigation Section Rising Litigator Award.
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