Policy, process management, and investment are considered the key challenges for cross-border activity, according to Gene Seroka, Executive Director, Port of Los Angeles. He explained that the Port of LA has seen a large amount of imports over the last year, but its exports were reduced due to retaliatory tariffs.
Managing today’s trade flows, along with the uncertainty they come with is now a priority for the Port of Los Angeles. This is especially important considering the fact that the US has widened its trade circle to include Canada, Mexico, China and the EU.
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Moreover, commenting on the importance of the International Transport Forum, Mr. Seroka says that it provides great networking. It also brings the issues of policy, process management, and investment at the forefront, and calls various actors to come up with efficient solutions, which could shape the future.
In addition, various experts can communicate with each other to establish best practices, and new ideas.
