Feed items

Source: Columbia Daily Tribune

The arctic weather conditions sweeping North American have caused heavy delays to shipping at some Canadian ports according to Inchcape Shipping Services (ISS).ISS said despite three icebreakers working around the clock no vessels had been able to depart outbound from Montreal and five vessels docked at the port were waiting to depart.
“In addition, there are currently twelve ships tied up at Three Rivers and Quebec awaiting favourable ice conditions in order to transit to Montreal. Reports confirm that one tanker had broken her moorings and drifted aground in the Sorel area, but that the vessel has now been recovered and is alongside in Sorel, awaiting inspections,” ISS said.
More at Seatrade Global

Tay YoshitaniPort of Seattle CEO Tay Yoshitani has announced he’s going to retire at the end of June, when his contract expires.
Yoshitani has been the CEO of the Port of Seattle for seven years. Now, port commissioners will select a search firm and begin the replacement process.
Yoshitani, who earns $367,000, was authorized by port commissioners to take a second job at the trade firm Expeditors International, a controversial move at the time.
More at King 5

The UAW and Detroit’s Big Three automakers are worried that dropping tariffs on Japanese imports would give Japanese rivals a significant leg up and could lead to the loss of thousands of U.S. auto jobs. Graphic on historic job numbers from the Financial Times.United Auto Workers President Bob King will meet with the top U.S. trade official on Wednesday as talks continue over creating a Pacific free trade zone including Japan.
King will meet with U.S. Trade Representative Michael Froman, the USTR office said Monday. Detroit’s Big Three automakers and the UAW want to ensure that Japan makes significant changes to open its market to U.S. vehicles and agree to limits in how central banks can impact the value of currency.
In July, more than 80,000 hourly and salaried U.S. autoworkers signed a petition urging Congress to oppose the deal without major changes on currency by Japan, the world’s third-largest economy and auto market.
More at Detroit News

Please log in to view content

To view the content on this page, please log in to your account.