PPT Slide

Project Purpose

Alameda Corridor Transportation Authority

O’Melveny & Myers, LLP

The Alameda Corridor Project is needed to keep pace with the steady growth of cargo moving through the Ports of Los Angeles and Long Beach

• U.S./Pacific Rim trade has doubled during the last decade

• Actual cargo throughput at the Ports has, to date, exceeded independent volume projections of 1987 and 1993 cargo forecasts

• The Ports’ share of West Coast container cargo increased from 42% in 1976 to 62% in 1997 with increasing market share projected in future years

• The Ports’ combined capacity creates the third longest container port complex in the world

• Despite current slowdown, Pacific Rim countries are projected to have the fastest economic growth in the world over the next two decades

• Throughput Factors

• 18 million population in six county area

• Larger container ships

• Vessel sharing arrangements

• Increase in discretionary cargo

• State of the art facilities at Ports

• Ports are the “Load Center” of West Coast

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