The world economy will continue to have an affect on how all of us conduct our business in 2009. Some commodities that were strong in early 2008 are showing signs of cooling off.
The port industry as a whole has been healthy. However, we all understand and must anticipate the challenges that lie ahead. Ports, shipowners, stevedores, logistics companies … we are all feeling the pinch of the economic times on some level. It is during times like these that we need to take a hard look at ourselves and determine if our core business is still strong, and where we can reduce aspects of our business that are not central to the overall mission.
Another major difference I see in 2009 is the continued emergence of the use of technology to improve port security. Years ago, it was impractical to think we would be using biometric software embedded in an ID credential to gain access into ports but that is exactly what the TWIC card is all about. We also have seen other security advances, such as 100 percent scanning pilot programs and the 10+2 rule. Until recently, these initiatives were questionable concepts.
Ports are major economic engines of their cities and states. They are directly responsible for good-paying jobs and for being significant contributors to their local economies. Making sure that ports remain an economic stimulant while embracing new security regulations and credentials will be critical in determining a port’s future course.
Now more than ever, port authorities should foster excellent working relationships with their security partners, including the Coast Guard and Customs. With a committed effort toward commerce and security, ports will remain economically sustainable as well as a bedrock of our nation’s economy.