Bloomberg Talks

Port of L.A. Leader Gene Seroka Talks Shipping

Brief

Gene Seroka, executive director of the Port of Los Angeles, walked through how the port has stabilized and modernized since the pandemic and in the face of multiple global disruptions. He credited greater inter‑agency openness and technology—truck reservation systems and visibility into cargo about 40 days before arrival—with enabling operations to move more smoothly than during the height of COVID‑19. Seroka emphasized local economic impact: the port supports 1 in 15 working Angelenos, touches a roughly 20‑million person Southern California market, and coexists with about 400,000 manufacturing jobs in LA County.

The conversation shifted to resilience and investment: Seroka noted the port has 160 capital projects underway, including a planned public‑private bridge from San Pedro to Terminal Island (an agreement with the Newsom administration) and forthcoming bids in December for a new container project. He highlighted environmental and climate priorities—reporting a 91% reduction in diesel particulate matter since 2006—and warned of rebuilding cost pressures after wildfires because of tariffs (e.g., softwood, appliances, steel) and insurance gaps. On supply‑chain risk, Seroka described six months of disruption tied to conflict in the Middle East (dozens of tankers affected), and said the port is preparing for modest cargo rerouting (roughly a 5% uptick) if Panama Canal throughput is constrained. Throughout, Seroka and the hosts agreed ports nationwide collaborate closely to keep goods flowing and to finance long‑term infrastructure despite cyclic economic and political headwinds.

Why it matters

Gene Seroka (Port of Los Angeles) said the port has cut diesel particulate tailpipe pollution by 91% since launching the Clean Air Action Plan in 2006.

Key details

  • Seroka stated the port complex supports 1 in 15 working Angelenos, serves a Southern California population of about 20 million, and that LA County still has roughly 400,000 manufacturing jobs.
  • He said the Port of Los Angeles is pursuing 160 capital improvement projects, including a proposed P3 bridge from San Pedro to Terminal Island (agreement signed with the Newsom administration) and bids due in December for a new container project.
  • Seroka explained pandemic lessons — better communication and technology (truck reservation systems and visibility of cargo ~40 days before arrival) — have improved throughput beyond the peak‑pandemic performance.
  • On global disruptions Seroka warned of knock‑on effects: importers sped cargo ahead of temporary tariffs expiring July 24 and fuel‑surcharge lags; he said the Middle East war has left crews and vessels strained after ~six months and the port is preparing for about a 5% cargo uptick if Panama Canal capacity tightens.
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