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|Articles - April 2014|
|Thursday, March 27, 2014|
Page 5 of 6
What do they talk about instead? Fracking. Shale oil. Tar sands. In terms of domestic abundance and low price. And while Wyatt says there’s a lot of grappling over what, exactly, that means, it could signal the return of basic manufacturing to America, particularly as wages rise overseas. “Is [the manufacturing revival] all going to come to Portland? I don’t know.”
But what it may mean for the Port is that the export economy may still grow, fueled either by local manufacturing or by exporters based in the Midwest, like car companies that will use the rail link to Portland to transport goods overseas.
Already, there’s evidence this trend will come to be. Sectors that moved offshore in the last 15 years are coming home: steel making, aluminum making, metal fabrication. And true to its gateway roots, the Port of Portland has relayed a steady stream of cars from Detroit to Asia in the last two years, exports that may be the first trickle of a stream of Asian-bound exports that have yet to arrive. Nine thousand Fords left the Port for South Korea and China last year. Next year, 40,000 China-bound exports are expected to roll through town. Auto Warehousing Company, which handles the flow, recently announced a $2.8 million expansion and another 50 jobs.
With those factors in mind, Wyatt says he isn’t ready to call all this movement of people a macroeconomic shift, though he notes air travel is a growing emphasis at the Port and for most business sectors.
Poised to pursue all possibilities to grow jobs and stay relevant, the port’s posture echoes a unique moment for the Portland region — and for Oregon. It’s a time of change, as the region transitions from a place of exporting goods to a place conceived in its own image, one that many years from now may simply be home rather than a ring around the waterfront, or agriculture, or even Intel.
The future of the Port, and of Portland, depends on an array of complex and contradictory micro- and macroeconomic forces: the rise of China, onshoring, livability as an economic strategy and the dematerialization of goods into services. Figuring out how to navigate these murky waters — that is the Port’s challenge going forward.
Wednesday, October 22, 2014
BY JESSICA RIDGWAY
Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?
Thursday, October 02, 2014
Oregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE
The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.
Friday, October 31, 2014
BY LINDA BAKER | OB EDITOR
Why are there so few transportation startups in Portland? The city’s leadership in bike, transit and pedestrian transportation has been well-documented. But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG
A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.
Thursday, November 13, 2014
BY RYAN CARSON | OP-ED CONTRIBUTOR
How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.
Friday, November 14, 2014
BY JESSICA RIDGWAY
Oregon entrepreneurs reveal their favorite caffeine hangouts.
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