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From the Journal of Commerce:
President Obama has introduced the Rebuild America Partnership, which aims to bring together new and existing policies to encourage private investment in U.S. infrastructure.
As part of the plan, the president is proposing to enact a national infrastructure bank capitalized with $10 billion, in order to leverage private and public capital and to invest in a broad range of infrastructure projects; give state and local governments flexible new tools to invest in infrastructure, including the Build America Bonds program and the Foreign Investment in Real Property Tax; and allocate $4 billion in new competitive funding for the TIGER and TIFIA programs.
More at the JOC
From the Journal of Commerce:
International Longshore and Warehouse Union Local 19 has requested Washington’s King County Superior Court to accelerate its appeal of the ruling that Seattle and King County did not violate the State Environmental Policy Act by entering in a memorandum of understanding for the proposed construction of a sports arena in Seattle’s South of Downtown port and industrial district.
The ILWU has proposed that the court request an opening brief from the ILWU by April 18, 2013, for respondents to file their subsequent response briefs by May 17, 2013, and for the ILWU to file its final reply brief by May 31, 2013. The ILWU has also asked the court to assign the case to the next available panel of judges.
Read the rest at the JOC
From the International Longshoremen’s Association. April 9:
A new six-year Master Contract, covering some 14,500 waterfront workers belonging to the International Longshoremen’s Association, AFL-CIO (ILA) was overwhelming approved by ILA members today in a ratification vote conducted at ports on the Atlantic and Gulf Coast. The ILA negotiated this new Master Contract with United States Maritime Alliance (USMX), an alliance of container carriers, direct employers, and port associations serving the East and Gulf Coasts of the United States.
The settlement ends more than a year of negotiations between employers and the ILA. With the assistance of the offices of the Federal Mediation and Conciliation Services, the ILA and USMX negotiated well beyond the original contract deadline of September 30, 2012, agreeing to a series of extensions to keep cargo moving and bargaining continuing rather than engage in a devastating strike or lockout.
A few ILA Locals were still reporting results to ILA headquarters late Tuesday evening, but overwhelming ratification was already secured based on the majority of ILA locals that had reported results.
Much attention...
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