How Trade Route Shifts Are Affecting Ports
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West Coast ports are being impacted by changing trade patterns, losing imports to the East Coast and Canada, among other competitors, according to The Wall Street Journal (subscription). Some of that shift began in 2017, after infrastructure work made it possible for larger vessels to use the Port of New York and New Jersey. Meanwhile, West Coast ports aiming to move goods east must use networks of trains and trucks that run on crumbling U.S. infrastructure.
The breakdown: Ports on the West Coast took in less than 40% of seaborne imports during the first seven months of the year, with ports on the East Coast racking up a little bit more than half.
- Asian imports are still leaning to the West Coast, but the makeup is beginning to change. Last year, Los Angeles moved 9.4 million containers compared to 7.5 million containers for New York and New Jersey. Still, the New York/New Jersey East Coast port did become the second-busiest port in the country, bumping Long Beach, California, out of the runner-up spot.
- Canadian ports are also getting into the game, offering cheaper transportation services that undercut U.S. costs.
Related: West Coast freight networks—including railroads and trucks—are struggling to handle demand after limiting personnel and operations in the face of COVID-19, according to The Wall Street Journal (subscription).
The NAM’s angle: The NAM has urged Congress for years to enact infrastructure reform, laying out its priorities in its “Building to Win” blueprint.
Most recently, during United for Infrastructure (formerly Infrastructure Week), Sen. Rob Portman (R-OH) spoke to NAM members at an event co-hosted by Nucor Steel about Congress’s response to the COVID-19 pandemic and the importance of infrastructure investment. During the event the senator noted, “The most sustainable path forward on surface transportation authorization is a one-year extension of the Fixing America’s Surface Transportation (FAST) Act.”
Manufacturers Unveil Competitiveness Agenda Ahead of Midterm Elections
“Competing to Win” offers a path for bringing the country together around policies, shared values and a unified purpose
Washington, D.C. – Ahead of the midterm elections, the National Association of Manufacturers released its policy roadmap, “Competing to Win,” a comprehensive blueprint featuring immediate solutions for bolstering manufacturers’ competitiveness. It is also a roadmap for policymakers on the laws and regulations needed to strengthen the manufacturing industry in the months and years ahead.
With the country facing rising prices, snarled supply chains and geopolitical turmoil, manufacturers are outlining an actionable competitiveness agenda that Americans across the political spectrum can support. “Competing to Win” includes the policies manufacturers in America will need in place to continue driving the country forward.
“‘Competing to Win’ offers a path for bringing our country together around policies, shared values and a unified purpose,” said NAM President and CEO Jay Timmons. “The NAM is putting forward a plan filled with ideas that policymakers could pursue immediately, including solutions to urgent problems, such as energy security, immigration reform, supply chain disruptions, the ongoing workforce shortage and more. Manufacturers have shown incredible resilience through difficult times, employing more workers now than before the pandemic, but continued resilience is not guaranteed without the policies that are critical to the state of manufacturing in America.”
The NAM and its members will leverage “Competing to Win” to shape policy debates ahead of the midterm elections, in the remainder of the 117th Congress and at the start of the 118th Congress—including in direct engagement with lawmakers, for grassroots activity, across traditional and digital media and through events in key states and districts as we did following the initial rollout of the roadmap in 2016.
The document focuses on 12 areas of action, and all policies are rooted in the values that have made America exceptional and keep manufacturing strong: free enterprise, competitiveness, individual liberty and equal opportunity.
Learn more about how manufacturers are leading and about the industry’s competitiveness agenda at nam.org/competing-to-win.
The National Association of Manufacturers is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the NAM or to follow us on Twitter and Facebook, please visit www.nam.org