Briefs

As Tariffs Emerge Asia-U.S. Trade Predicted to Grow Seven Percent Annual Pulse of the Ports in Long Beach

The Port of Long Beach’s 14th annual Pulse of the Ports Peak Season Forecast occurred March 28. Experts convened for the event said the threat of a trade war could halt otherwise strong growth in the exchange of cargo between Asia and the United States.

The event brings together a panel of shipping and trade experts to offer their perspectives on industry trends and how they affect the San Pedro Bay port complex. About 500 people gathered at the Long Beach Convention Center for Pulse of the Ports.

Panelist and Drewry Maritime Research Senior Quantitative Economist, Mario Moreno, predicted Asia-U.S. trade will grow 6.8 percent in 2018, the fastest pace in more than six years. He also estimated the overall U.S. economy will expand 2.8 percent.

According to Moreno, while President Donald Trump and China have proposed higher tariffs, an all-out trade war between China and the United States appears unlikely.

In addition to Moreno, panelists at the 2018 Pulse of the Ports included Steve Gonzales, Vice President of Sales and Marketing Development, Plastic Express; Daniel Gardner, Vice President of Supply Chain, Lakeshore Learning Materials; Lawrence Burns, Senior Vice President of Trades and Sales, Hyundai America Shipping Agency Inc.; Anthony Otto, President, Long Beach Container Terminal; Beth F. Whited, Executive Vice President and Chief Marketing Officer, Union Pacific Railroad; Ken Kellaway, President and CEO, RoadOne Intermodal Logistics; and Larry Gross, President, Gross Transportation Consulting.

U.S.-China trade accounts for more than two-thirds of imports and almost one-third of exports at the ports of Long Beach and Los Angeles.

A webcast of Pulse of the Port is available, with the panelists’ presentations, at www.polb.com/pulseports.

Reporters Desk

Recent Posts

County to Protect Medi-Cal and CalFresh Access for 1.7 Million Residents Amid New Federal Work Requirements

The motion also calls for the expansion of workfare and volunteer opportunities across county departments…

18 hours ago

Governors Briefs: CalRx® Insulin, $11 a Pen, Will Soon be Available and Appointment Announced

This launch marks a significant step in the state's ongoing effort to lower prescription drug…

18 hours ago

Purdue Student Paper Shows Solidarity With Rival

  After the Indiana University Media School fired its director of student media and banned…

19 hours ago

POLA Lead Attorney Steve Otera Named Corporate Counsel of the Year by LA Business Journal

  LOS ANGELES — The Los Angeles Business Journal has given a top legal honor…

19 hours ago

Ports Briefs: POLB Cargo Slows as Clean Truck Study and Air Quality Report Highlight Progress

The Final 2024 Class 8 Drayage Truck Feasibility Assessment Report focuses on battery electric and…

22 hours ago

Public Health Investigating Possible Local Spread of Clade I Mpox; Third Case Confirmed in Los Angeles County

So far in 2025, Public Health has reported 118 cases of clade II mpox.

2 days ago