According to reports from the shipping industry, Los Angeles Port and GE Transportation have recently reached an agreement with a total amount of about US$12 million to strengthen the cooperation between the two parties in the field of digital solutions. It is also based on the existing foundation. The cooperation is extended for another 5 years.
In December 2016, the two parties launched the first pilot project to jointly create a port cargo information portal. The goal is to provide better data services to shippers, shipping companies and other stakeholders, and to allow more full port and terminal operators. Time to track incoming and outgoing shipments and thus manage ships more efficiently.
The focus of this agreement is to develop digital solutions to ensure the efficient flow of goods in Los Angeles. It will benefit container terminals and shipping companies. It will cover thousands of importers of goods, 15,000 truck service providers and nearly 9 million TEUs. container.
Gene Seroka, executive director of Los Angeles Harbor, said, “As the port container volume hits a record high, the digital solutions provided by GE will be critical to our future success. The construction of the Port Cargo Information Portal is a long-term development for Los Angeles. Important investment, it is also telling our customers and interested parties that Los Angeles Port is looking for possible ways to improve port efficiency and achieve optimization. We firmly believe that this project will not only bring changes to Los Angeles Port, but also very likely to become The change of rules."
The results of the first phase of the pilot project show that, if the digital plan is fully implemented in the entire port, the operational efficiency of Los Angeles Port is expected to increase by 8-12%.