LOS ANGELES—“The Panama Canal is a major competitive threat.” That is according to Jim Maclellan, director of trade development for the Port of Los Angeles, who recently spoke at RealShare Los Angeles.
But according to Maclellan, some people believe the Port will lose two points of market share and some believe it will be 20%. Maclellan says it is closer to 2% or 3%.
While that might not seem like a high number, Maclellan says that in the past, “we might not have noticed,” now, he said, “we will.”
The good point, he said, is that the Port of L.A. is still seeing potential increased trade with the Trans-Pacific agreement. In addition, he added, “the largest ships still cannot get through the Panama Canal even though it is being widened.”
In addition, Maclellan explained, “the railways can help us be more competitive.”
LOS ANGELES—“The Panama Canal is a major competitive threat.” That is according to Jim Maclellan, director of trade development for the Port of Los Angeles, who recently spoke at RealShare Los Angeles.
But according to Maclellan, some people believe the Port will lose two points of market share and some believe it will be 20%. Maclellan says it is closer to 2% or 3%.
While that might not seem like a high number, Maclellan says that in the past, “we might not have noticed,” now, he said, “we will.”
The good point, he said, is that the Port of L.A. is still seeing potential increased trade with the Trans-Pacific agreement. In addition, he added, “the largest ships still cannot get through the Panama Canal even though it is being widened.”
In addition, Maclellan explained, “the railways can help us be more competitive.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
