Company Market Research Report: Port of South Louisiana

Company Overview

Name: Port of South Louisiana

Mission of the Company:
To serve as the premier sea gateway for U.S. export and import traffic, facilitating efficient and secure movement of goods to and from the United States.

Founded: 1960

Founders: No information is available.

Key People in the Company:

• P. Joey Murray, III (Chairman)

• Joey Scontrino (Vice Chairman)

• Robbie LeBlanc (Treasurer)

• Stanley Bazile (Secretary)

• Paul Matthews (CEO)

• Brian Cox (COO)

• Tamara Kennedy (Chief of Staff)

• Chambrel Riley-Williams (CAO)

• Micah Cormier (Director of Business Development & External Affairs)

Headquartered:

• 1720 LA Highway 44, P.O. Box AE, Reserve, Louisiana 70084

Number of Employees: Approximately 5,533 employed in various capacities including port operations, administrative roles, and more.

Revenue: No information is available.

Company Recognition:
Port of South Louisiana is known for being one of the largest tonnage port districts in the western hemisphere, leading in grain exports and handling both domestic and international trade.

Products

Main Offerings:

1. Grain Exporting

• Description: Handles over 50% of all U.S. grain exports including soybeans, maize, animal feed, and wheat.

• Key Features:

• Multiple grain elevators.

• Efficient handling and storage capabilities.

2. Liquid and Dry Bulk Terminals

• Description: Houses more than 40 terminals for the transfer and storage of petrochemical and petroleum products.

• Key Features:

• Equipped to handle a variety of bulk materials.

• State-of-the-art safety and handling facilities.

3. Globalplex Intermodal Terminal

• Description: A public terminal for both vessels and barges. It handles bulk, breakbulk, and containerized cargos.

• Key Features:

• 335-acre maritime industrial park.

• Storage and warehousing capabilities.

• Space for light manufacturing.

4. Foreign Trade Zone (FTZ) 124

• Description: A designated area where foreign and domestic merchandise can be imported without paying import duties until transferred for consumption.

• Key Features:

• Ranked #2 in merchandise received and #3 in exports.

• Supports assembly, storage, and other operations before final taxes are due.

Recent Developments

New Products Launched:

• Proposed Renewable Natural Gas Plant and Hydrogen Facility

• An investment of $1.35 billion to construct the world’s largest carbon-negative renewable natural gas plant and a large-scale green hydrogen facility at the Globalplex Intermodal Terminal.

New Features Added to Existing Products:

• Globalplex Terminal Enhancements

• Addition of cranes and infrastructure improvements to enhance cargo handling capabilities.

New Partnerships:

• Corn Belt Ports Cooperative Endeavor Agreement

• A new partnership with Plaquemines Port, Port Of Greater Baton Rouge, Port of New Orleans, and St. Bernard Port to enhance the efficiency and competitiveness of the Mississippi River's trade routes.

• Memorandum of Understanding with Ukraine Sea Ports Authority

• To foster trade and investment cooperation between the two regions.

Other Developments:

• $500,000 Federal Funding for Drainage System Enhancements

• To improve water management and reduce flood risks, ensuring job security at the Port and safeguarding the surrounding community.

• $600,000 Funding for Additional Fencing at Executive Regional Airport

• To enhance security measures for workers and visitors.

Business Impact:

• Economic Growth Initiatives

• Continuous development and economic growth are supported by substantial new projects and investments, including energy sector diversification and infrastructure improvements.

Infrastructure:

• Marine Operations:

• A 24/7 emergency response division with state-of-the-art firefighting and safety equipment. Vessels like PSL Responder and M/V Nathan Folse ensure security in trade and maritime operations.

• Intermodal Connectivity:

• Access to four interstate highways, four Class I railroads, and deepwater via the Mississippi River.

• Proximity to Louis Armstrong International Airport for passengers and cargo, as well as the Port of South Louisiana’s Executive Regional Airport for private and corporate aircraft.

Economic Impact

• Sales:

• $14 billion in sales at firms in the River Region can be traced back to port operations.

• Job Support:

• 30,180 jobs in the River Region supported by port activities, representing 63% of the region’s employment.

• Tax Contribution:

• Port operations generated $310.5 million in taxes for Louisiana’s treasury.

• Investment:

• $22.3 billion in capital investment and 3,600 direct jobs with an average salary of $90K.

• Industrial Partners:

• Numerous global companies operating within the port region, contributing to significant economic activities and high-wage job creation.

Contact Information

• Phone: 985-652-9278 | 1-855-SLA-PORT

• Email: info@portsl.com

• Address: 1720 LA Highway 44, P.O. Box AE, Reserve, Louisiana 70084

• Website: [portsl.com](https://www.portsl.com)

• LinkedIn: [Port of South Louisiana](https://www.linkedin.com/company/port-of-south-louisiana)

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Note: For further detailed statistics and additional information, such as annual tonnage and specific trade data, you may refer to the port’s official website or contact their offices directly.

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End of Report