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From a Cargotec news release:
Cargotec has won a contract to supply ten Kalmar automatic stacking cranes and 17 customer specific automatic shuttle carriers to leading terminal services’ provider TraPac Inc, in Los Angeles, in 2012 and 2013.
In June this year Cargotec announced the opening of its Technology and Competence Centre in Singapore which, in cooperation with the Technology and Competence Centre in Tampere, Finland, focuses on developing automation systems. Cargotec is building the world’s largest port automation test area in Tampere to facilitate the testing and simulation of various solutions, including automated equipment and fleets, navigation systems and remote steering and control.
Cargotec acquired terminal operating systems provider Navis earlier this year. Cargotec also unveiled plans to establish a joint venture with Jiangsu Rainbow Heavy Industries Co Ltd in China to provide leading heavy crane solutions globally.
Baltimore will join Norfolk, Va., as the only East Coast ports with 50-foot-deep berths and cranes able to accommodate vessels up to 1,200 feet long. Baltimore Sun photo.
About two weeks from now, a cargo ship 2 1/2 football fields long will squeeze under the Key Bridge and deliver the future of the port of Baltimore.
On its deck are four massive cranes built in China that state officials and the maritime industry hope will turn the already bustling Seagirt Marine Terminal into a conduit for mountains of goods delivered by the world’s largest ships.
Baltimore will join Norfolk, Va., as the only East Coast ports with 50-foot-deep berths and cranes able to accommodate vessels up to 1,200 feet long, which will begin using a widened Panama Canal in 2014. The berth and cranes are part of a 50-year, public-private partnership formed in 2010 between the state and Ports America Chesapeake.
From the Baltimore Sun
Marubeni Corp. agreed to buy Gavilon Group LLC, the third-largest U.S. grain merchandiser, for $3.6 billion in what would be the Japanese company’s biggest deal.
“Marubeni’s purchase of Gavilon will give it an inroad into grain purchases in the U.S. and put it on par with the leader Cargill,” said Justin Tang, a Singapore-based analyst at Churchill Capital. “The performance of the stock today is reflective of investors’ positive expectations.”
Gavilon traces its roots back to Peavey Co., acquired by ConAgra Foods Inc. in 1982. Gavilon took its current form when ConAgra sold its trading and merchandising operations in 2008 to a group including Ospraie Management LLC, the commodities hedge- fund firm founded by Dwight Anderson, for $2.75 billion including debt.
More in the San Francisco Chronicle
Major points of contention in the strike are pensions, certain work rules and fatigue management.
Canada introduced legislation Monday to force striking Canadian Pacific Railway workers back to their jobs after talks stalled over the weekend, the country’s labor minister said Monday.
Locomotive engineers and conductors went on strike Wednesday, shutting down freight service along nearly 14,900 miles (24,000 kilometers) of track in Canada and the U.S.
Prime Minister Stephen Harper’s Conservative government has cited
potential economic damage in the past for preventing or ending strikes
at Air Canada and Canada Post.
http://www.google.com/hostednews/ap/article/ALeqM5i6sgiU9ReowJPz9XZaloFk...
Source: WBAI Radio's Building Bridges: Your Community and Labor Report
Source: UNITE HERE 26
Source: PRWeb
Source: Equities
Source: Press Democrat
Source: Politico
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