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Headquartered in Honolulu, Matson has a fleet of 17 Jones Act ships, and is the leading U.S. carrier of goods in the Pacific.Alexander & Baldwin Holdings, Inc. (NYSE: ALEX) has completed its previously announced plan to separate its land and transportation businesses into two stand-alone, publicly traded companies.
From today, Jones Act shipping operator Matson, Inc. is trading on the New York Stock Exchange under the ticker symbol MATX.
Matthew Cox, president of Matson, Inc., has assumed the role of Matson’s CEO.
From Marine Log
A Port of Los Angeles police officer was hospitalized Friday after inhaling fumes that apparently leaked from a cargo container in the harbor area, authorities said.
Erik Scott, a spokesman for the Los Angeles Fire Department, said the officer was reported to be in fair to serious condition at the hospital.
About 30 firefighters, including hazardous materials teams from the Long Beach and Los Angeles fire departments, were at the scene, trying to determine the nature of the fumes and to make sure any leak was stopped.
From the Los Angeles Times
Ningbo is a major gateway port in Eastern China and the Zhejiang Province. It is the 6th largest container port in the world with strong growth. Container throughput in Ningbo grew 17% annually from 2006 to 2010 and reached 14.5 million TEU in 2011.
Leaders from the Ningbo Port Group and APM Terminals were on hand in Copenhagen to sign a major agreement that creates a new level of cooperation in the fastest growing, deepwater, container port in the world.
The new agreement reflects a 75%/25% (Ningbo Port Group/APM Terminals) share to jointly invest and operate berths 3, 4, 5, comprising a one kilometer quay in Ningbo’s Meishan Container Terminal.
Read the full news release at Marine Link
The attorney for ILWU President Robert McEllrath on Monday said the Cowlitz County Prosecutor’s Office has not informed him whether his client will be put on trial again.
McEllrath was accused of standing on tracks with other members and supporters of the International Longshore and Warehouse Union to prevent a train from entering the EGT grain terminal during last year’s labor dispute.
District Court Judge Ed Putka declared a mistrial shortly before 11 p.m. Friday after the three-man, three-woman jury could not reach a unanimous decision.
More in the Daily News
A lawsuit brought on by eight shippers accusing the top four U.S.
railroads of colluding to set fuel surcharges gained class action
status recently.
The lawsuit accuses BNSF Railway, Union Pacific Railroad, Norfolk
Southern Railway and CSX Transportation of conspiring to fix, raise, maintain or stabilize prices from mid-2003 until 2008. The shippers also allege the railroads “moved in uniform lockstep to fix prices for the fuel surcharges, which bore no direct relationship to their actual fuel cost increases,” according to a statement.
More at the Journal of Commerce
The Long Beach Board of Harbor Commissioners voted to accept $17 million in grants from a federal transportation program to help fund the “Green Port Gateway,” which will improve rail flow and the environment at the Port of Long Beach.
The Green Port Gateway Project, the first of four rail projects expected to begin in the next year to promote more on-dock rail shipments, is also part of the larger San Pedro Bay Ports Rail Enhancement Program, which involves several projects by the Port of Long Beach, the Port of Los Angeles and the Alameda Corridor Transportation Authority.
From the Long Beach Post
Excerpts from the Daily News:
A hung jury forced a mistrial late Friday night in the misdemeanor trial of ILWU President Robert McEllrath, accused of obstructing/delaying a train Sept. 7 at the Port of Longview.
McEllrath, the top executive in the ILWU, was accused of standing on the railroad tracks — along with several hundred other dockworkers and supporters — to prevent a train from delivering grain to the EGT grain terminal. The train backed up after about an hour.
Although the charge is a misdemeanor, dockworkers came from all over the world to show solidarity at McEllrath’s trial, which began Thursday. Longshore workers hung a banner outside the Hall of Justice reading: “Fighting for good jobs should not be a crime,” and several of them wore shirts with the same slogan.
More in the Daily News
The Commonwealth has begun legal action against the Maritime Union of Australia and its WA assistant secretary over the distribution of flyers vilifying Fremantle Ports workers as “scabs”.
The ombudsman said Mr Tracey faced penalties of $6600 for each breach and the MUA, which is alleged to have approved of his actions, faced penalties of $33,000 per breach.
Mr Tracey said the allegations would be defended. “There’s no merit to their claim,” he said.
From the West Australian
Source: DSA
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