Feed items
Source: Asbestos.com
Source: Baltimore Sun
Source: AFL-CIO
NYK Line, which has been getting out of the business of providing chassis at ports and terminals in the U.S., said Monday it would extend the withdrawal to the Denver/Salt Lake City market on July 1.
NYK has already stopped providing chassis in larger markets. It no longer provides them in the Port of New York and New Jersey, ending the practice in November.
From the Journal of Commerce
The decision by the U.S. and the European Union to recognize each other’s trusted shippers is expected to save those companies money through speedier customs authorization.
The trade pact will allow U.S. and EU customs agencies to focus their attention on less trusted shippers, according to the European Commission. The trade pact between the U.S. and EU, which traded roughly $656.2 billion in 2011, takes effect July 1.
There are more than 10,000 importers, brokers and carriers involved in the U.S. Customs-Trade Partnership Against Terrorism, a voluntary supply chain security program that usually results in less cargo inspection for shipper members.
More in the Journal of Commerce
Last year, the port dealt with more than 122 million metric tonnes of cargo, 300,000 autos and 660,000 cruise passengers. But, in the next 15 years, it expects to grow by a phenomenal 50 per cent to handling 185 million tonnes of cargo and nearly a million passengers.
However, with municipalities facing their own growth pressures or
political challenges, friction will continue.
In recent years Metro Vancouver reacted to the tension over port-city
issues by creating a special committee. Chairwoman Dianne Watts, the
mayor of Surrey, says that has helped improve relations but land-use
planning and taxation remain points of contention.
More in the Vancouver Sun
Montana's grain facilities are increasingly owned by foreign companies and mulitnationals like EGT, Marubeni, Gavilon, Mitsui, CHS and others. Billings Gazette photo.
A sandstone butte bearing rare evidence of Lewis and Clark’s quest to discover ways for profiting from the American West gets most of the attention near Pompey’s Pillar in Montana, but a bigger, more modern mast of capitalism towers in the distance.
The United Grain elevator is big, fast — and Japanese. It holds roughly 1 million bushels of wheat, can load 110 railcar shuttles in 10 hours and represents a growing trend in the globalization of the farm economy. Asian countries with rapidly growing middle classes are buying commodities like never before. And to meet that demand, global corporations are doing whatever it takes, including acquiring elevators in Montana farm country.
“The game changer is obviously China,” said John McEnroe, executive vice president of country operations for CHS, America’s largest grain marketing cooperative. “When it’s growing at 6 to 9 percent (gross domestic product) each year, and they have a growing middle class, that causes exporters to expand their supply chain...
DP World reported a 9.5 percent increase in container traffic in the first quarter to 13.8 million 20-foot equivalent units, driven by double-digit gains at its terminals in Asia-Pacific and the Indian-sub-continent.
Excluding the contribution from new capacity, like-for-like growth was 7.4 percent, the Dubai-based company said in a trading statement.
More in the Journal of Commerce
The Panama Maritime Authority has announced the approval of a new US$600 million container terminal in Colon at the Atlantic entrance to the Panama Canal.
The terminal, with an initial capacity of two million TEU, will be constructed by a consortium of Asian developers under the name Panama Colon Container Port LLC (PCCP).
From Inside Costa Rica
Source: Huffington Post
Please log in to view content
To view the content on this page, please log in to your account.
