With tariffs, a U.S.-China trade dispute and technology developments, the U.S. transportation industry was anything but lackluster in 2018. Although the industry in general fared well despite major disruptors, uncertainty surrounding tariffs raise concerns for the future.
Wendy Cutler, the Vice President of the Asia Society Policy Institute and a former acting deputy U.S. Trade Representative, who had also negotiated the then U.S. led 12-member Trans-Pacific Partnership (TPP), could hardly conceal her disappointment when asked by this correspondent at a recent discussion at the Asia Society in New York to share her thoughts on the U.S. withdrawal from the TPP. She called it a “mistake”.
There appears to have been some shipping delays but no major cargo diversions as a result of the collapse of a gantry crane struck by Evergreen’s 7,000-TEU Ever Summit vessel berthing last Monday at one of the four container terminals at the Port of Vancouver.
Longtime ocean carrier executive Howard S. Finkelsays rates are still too low as the American Association of Port Authorities’ 12th annual Planning for Shifting Trade Conference gets under way today [Jan. 30] in Tampa, Florida.
Demurrage and Detention quickly become a shipper’s nightmare and can result in thousands of dollars in per diem charges. Costs that arise because of bad planning, unforeseen circumstances and bad communication and play such a big role in the final cost of freight.
U.S. transportation infrastructure is in dire need of fixing and will require funding from multiple sources, a member of Congress said today [Jan. 28] as Jump Start 2019, presented by SMC3, leaps into gear in suburban Atlanta.
For over 100 years, the Port of Coos Bay has been a key player in the economic growth and development of Southwestern Oregon, and of the entire state. The 134-mile regional rail spans from Coquille, Oregon, connecting with the National Railway Network at the Union Pacific Yard in Eugene.
Port of Los Angeles, executive director, Gene Seroka told a State of the Port audience in San Pedro that 2018 "was another year for the record books" with the Port moving 9.5 million TEUs, a 1.2% increase from 2017.