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Look Beyond Your Borders Trade Corridors Ted Houghton Texas Transportation Commission. Texas State Highway System largest road system with 80,000+ miles. The State of Texas. Is #1 in Gross Domestic Product Has top business climate in nation (Site Selection Magazine 11/04).
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Look Beyond Your BordersTrade CorridorsTed HoughtonTexas Transportation Commission
Texas State Highway System largest road system with 80,000+ miles
The State of Texas • Is #1 in Gross Domestic Product • Has top business climate in nation (Site Selection Magazine 11/04)
Texas Trade Partners 1) Mexico • 45% with Texas • Chihuahua, Mexico largest state trading partner 2) South Korea 3) Taiwan 4) China 5) Japan
Texas/Mexico Trade Corridors Corralitos Ranch cattle drive
Texas Trade Corridors The Butterfield Trail Marker
Texas Trade Corridors Del Rio Wool & Mohair Company
Texas Trade Corridors Gulf Intracoastal Waterway
Texas Trade Corridors Interstate Highway 35 in Austin, Texas
Trade Corridor Ports of Los Angeles and Long Beach
Trade Corridor The Alameda Corridor
Trade Corridor The Alameda Corridor
Trade Corridor Pacific Coast Water Ports
Texas Trade Corridors Texas Gulf Water Ports
Texas Trade Corridors Texas/Mexico Border Ports of Entry
SHIFTS IN TRADE ROUTES AFFECTING TEXAS 2009 • Expansion of All-water Routevia Panama Canal • Expansion of Mexico Routing • Expansion ofSan Pedro Bay Ports Routing Chicago Inland Port Distribution Warehouse POLA / POLB Distribution Warehouse Transloading Train Block MEXICO Panama Canal
MAJOR IMPORTER TRENDS • The concentration of trade between the US retail sector and North Asia has provided a number of importers with market power MIDWEST NORTHEAST NORTHWEST 196 142 196 Kohl’s Best Buy Pier1 Wal-Mart Lowe’s Circuit City 744 168 128 Wal-Mart Lowe’s Circuit City Kohl’s Best Buy Pier1 273 63 82 77 64 146 Wal-Mart Lowe’s Circuit City Kohl’s Best Buy Pier1 93 35 21 -- 31 44 SOUTHWEST MID-ATLANTIC Wal-Mart Lowe’s Circuit City Kohl’s Best Buy Pier1 366 102 118 39 103 166 Wal-Mart Lowe’s Circuit City 287 102 78 Kohl’s Best Buy Pier1 57 53 99 SOUTHEAST SOUTHCENTRAL Wal-Mart Lowe’s Circuit City 779 309 128 Kohl’s Best Buy Pier1 49 88 187 67 77 123 Wal-Mart Lowe’s Circuit City 842 167 80 Kohl’s Best Buy Pier1 • Identified top retailers represent approximately 4.3% of GDP and employ 2.7% of US private employment, and nearly 20% of retail employment
What Will It Take? • Champions • Look beyond your border all the way to …. • Financing • Public/Private Partnerships • Shipping companies • Railroads • Regional Mobility Authorities • State of Texas