Port of Los Angeles

The Los Angeles Harbor Commission has unanimously adopted a five-year strategic plan for the Port of Los Angeles for the 2012-2017 period.

The plan focuses on three key result areas (or KRAs) – competitive operations, strong relationships and financial strength, according to a press release from the organisation.

It maps out the port’s priorities, objectives and various initiatives for developing infrastructure, enhancing overall competitiveness, growing market share, optimising land use, advancing maritime technologies and sustainability efforts, and maintaining the port’s top ranking as the nation’s trade gateway to the Pacific Rim.

“This plan is a blueprint for responsible growth and job creation that will guide us toward maintaining our competitive advantage as the nation’s premier trade gateway,” said Los Angeles Mayor Antonio Villaraigosa.

“It is this kind of strategic thinking that helped the Port become one of the nation’s leading economic engines, and meeting the strategic plan’s objectives will ensure our future success.”

“This strategic plan will ensure that the Port remains competitive over the coming years and proactively meets the challenges of a new era of international trade,” added Harbor Commission President Cindy Miscikowski.

“Changing economic tides will require new and innovative approaches and a forward-thinking game plan,” said Port Executive Director Geraldine Knatz, PhD.

“This newly adopted strategic roadmap provides a clear path to assure the Port’s future success in the global marketplace.”

As the Port of Los Angeles faces increasing competitive challenges in the coming years, the plan’s “competitive operations” component includes initiatives focused on developing and maintaining a world-class infrastructure; retaining and growing market share; advancing technology and sustainability, as well as optimising land use.

Similarly, as part of its focus on building “strong relationships,” the port will undertake a number of initiatives to increase stakeholder and community awareness and support, and to create a positive workplace culture.

The plan’s “financial strength” initiatives will centre on enhancing cash flow, improving financial reporting and audits, and diversifying and maximising grant funding.

Topics