April 14, 2004

California Import-Export Trade Could Triple by 2020

RE: San Francisco:

The Bay Area has an opportunity to shape California's physical and economic landscape for decades to come. A report published this month by Jon D. Haveman and David Hummels called "California's Global Gateways: Trends and Issues'' outlines this opportunity. Haveman and Hummels are with the nonprofit Public Policy Institute of California which was co-founded in 1994 by the late William Hewlett, co-founder of Hewlett-Packard Co. The Institute is dedicated to improving public policy in California through independent, objective, non-partisan research on major economic, social, and political issues.

The Institute's study emphasizes California's need to leverage the current service we offer which subsidizes economic activity in other states. Haveman and Hummels clearly express our need to decrease the congestion on rail lines that link the ports of Los Angeles and Long Beach with America's interior and jammed Bay Area highways which slow down truckers near the Port of Oakland. If we do, shippers will not have to look for other U.S. gateways.

San Francisco Chronicle's, David Armstrong writes, "California's international trade could soar to three times its current level by 2020, but only if the state's congested seaports, airports, highways and railroad lines are significantly expanded and upgraded."

Posted by Jennifer King at April 14, 2004 11:29 AM | TrackBack
Related Categories: Quadrant - Economic

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