The Port of Long Beach is one of the world's busiest seaports and is a leading gateway for international trade. Founded in 1911, it has grown to more than 3,000 acres and is credited with moving $140 billion in trade in 2010. The Port of Long Beach is the second busiest container port in the United States. If combined with its next-door neighbor, the Port of Los Angeles, the San Pedro Bay port complex would rank as the sixth busiest container port in the world. East Asian trade accounts for more than 90 percent of Long Beach shipments.
The Port of Long Beach, also referred to as the City's Harbor Department, is governed by the Long Beach Harbor Commissioners. The five members of the Harbor Commission are appointed by the Mayor and confirmed by the City Council. The Port's Executive Director is appointed by the Commission and responsible for overall Port activities. The Executive Director is supported by a Deputy Executive Director and four Managing Directors; one each for Finance and Administration, Trade Development and Operations, Engineering, and Environmental Management and Planning. The Port employs 400 staff and an annual budget of $880 million.
The Port of Long Beach is a landlord port that develops and leases port shipping terminals and other facilities to private entities. Port revenues are reinvested in new facilities and port related improvements and capital expenditures are expected to total $4 billion over the next ten years. The Port is financially strong and is supported by its own revenues and is not funded by taxes or the City's General Fund.
In addition to its role as a critical hub for international commerce and a major transportation center, the Port of Long Beach plays a key role in promoting global trade. Port related international trade has wide-ranging economic impact, supporting thousands of jobs that benefit the region and entire country. In 2005, the Commission adopted a Green Port Policy that seeks to position the Port as a leader in the area of environmental stewardship. In June 2006, the Ports of Long Beach and Los Angeles jointly introduced the San Pedro Bay Port Clean Air Action Plan (CAAP), a sweeping plan aimed at significantly reducing the health risks posed by air pollution from port-related ships, trains, trucks, terminal equipment and harbor craft. The Port will invest a minimum of $181 million over the next five years to implement the plan.
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