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|Archives - July 2007|
|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.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, May 29, 2014
BY JESSICA RIDGWAY
Brad Baker, CEO and co-founder of Works Electric, is a good husband. His wife, an OHSU employee, sought a more efficient way to commute up Marquam “Pill” Hill, so she asked Baker to build a transportation solution.
Thursday, May 29, 2014
BY KIM MOORE
Transportation accounts for the second-largest source of greenhouse gases in the U.S. (28% in 2012), and the use of renewable fuels, such as biodiesel and ethanol, is booming in light of state and national programs to make transportation fuels cleaner.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Facebook revenue surges 61%|
|Walmart unexpectedly fires CEO|
|GM profit declines 80%|
|Study: Dogs can feel jealousy|
|Boeing profit surges 52%|
|Apple: iPhone sales jump|
|Comcast profit rises 15%|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.
From its first-ever member forum, to upcoming Board elections, the Oregon-based, non-profit health organization is focused on letting members control their healthcare destiny.