For the past two years the Port of Boston has posted some solid numbers based on improved port efficiencies.
For nearly a decade the major economies of South America rode a growth wave propelled by high prices for export commodities. In 2014 the wave crashed down as commodity prices dropped. Now it is a question of who will recover quickest and best, economies like Chile on the west coast or the mega-economy Brazil.
Dry bulk shipping has had a difficult run over the last twelve months and the outlook for the Year of the Goat is looking pretty cantankerous.
It’s another day of PMA and ILWU negotiations (at this writing talks are ongoing and it is easy to forget that it was in the middle of baseball season [July] when the contract expired) and a new participant US Secretary of Labor Thomas Perez has now (maybe inevitably) put his oar into the troubled waters of the West Coast waterfront labor dispute.
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