C O N T R A C T O V E R V I E W
KEY ISSUE:
Reliability on
the Waterfront
F
or decades, West Coast port traffic grew dramatically as a
result of proximity to Asia and large local consumer markets.
During the past decade, this trend has shifted, with a newly compet-
itive landscape. Ports on the East Coast and Gulf Coast have risen
to the challenge, with far greater capacity than ever before. Both
Canada and Mexico are making significant investments in their ports,
and the expanded Panama Canal will soon open.
NYK Apollo docks at YTI at the Port of Los Angeles.
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2 0 1 4 A N N U A L R E P O R T
