It appears as though Canada and the U.S. are preparing for a trade war over softwood lumber exports. The U.S. and Canada have been long at loggerheads on the Canadian softwood exports to the U.S. and now that the one-year “standstill period” tacked onto the 2006 Canada-U.S. Softwood Lumber Agreement has expired, the chances for negotiating a timely agreement are dwindling.
Before its expansion, the Panama Canal was sending 4,500 TEU ships into the Caribbean with containers for trans-loading and final destination. Larger 8,500 TEU vessels transiting the Suez brought a little more volume to island hubs. Terminals in Jamaica and the Dominican Republic became trans-load centers for the Caribbean and US port range, while facilities in Colon could swing cargo to a wide range of destinations including South America.
In 1933 Carl Denham called King Kong the 8th Wonder of the World. If he were alive today, actor Robert Armstrong might say that distinction belonged to Yangshan Port.
World Cup, as you know is the premier event in world soccer, oh sorry, football! Nations vie for the prestige of hosting this gala event and the acclaim, which comes with that honor.
The 34th annual Intermodal Expo was recently held in Houston TX. Attended by over 130 exhibitors and 1,800 registered conference delegates, the Expo featured speakers representing leadership and innovation in intermodal goods movement.
The New York – New Jersey Port Promotion Association hosted their 16th annual event Monday at Liberty House in Jersey City, N.J. Turnout was strong and networking was brisk on issues from the Hanjin backlash to port productivity.
Khabarovsk to Samarga: The Russian logistics firm Samarga – Holding has pledged to raise $6.5 billion to build a new railway corridor linking Eastern and Western Russia via connections between the Samarga River and the Trans-Siberian Railway (TSR).
It will still be many weeks before the total effect of Hanjin’s bankruptcy can be measured. Not only are the vessels, their cargos and crews affected, but ports and labor have also been embroiled in this chaos.