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JLL's New Hire To Focus on Next Big Bottleneck for US Ports

BALTIMORE—Walter Kemmsies is JLL's new economist and chief strategist for the US Ports, Airports and Global Infrastructure Group.

By Erika Morphy | erikamorphy | Updated on April 08, 2016

Walter Kemmsies Walter Kemmsies

BALTIMORE—Port authorities around the US are in a perpetual state of preparation for the next generation of trade vessel, which inevitably is larger and more technically sophisticated that its predecessor. Channels are raised, newer equipment installed and government financing tapped to ensure the port itself runs as smoothly as possible.

But this activity stops short at the port’s gate. The real estate and infrastructure that exists Just outside the gate — or rather, doesn’t exist but should  –  will to the be the source of the next major trade flow bottleneck, according to JLL’s new hire, Walter Kemmsies, economist and chief strategist for the US Ports, Airports and Global Infrastructure Group.

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