The widened Panama Canal will definitely benefit the global shipping industry, but industry insiders differ as to the benefits for Hong Kong and mainland Chinese shippers.
Willy Lin Sun-mo, the chairman of the Hong Kong Shippers’ Council, said the benefits to local shippers would not be that great.
He said although bigger ships would be [...]
From the Journal of Commerce:
Office clerical workers and waterfront employers in Los Angeles-Long Beach have agreed to continue negotiating throughout the month of September.
In an announcement published on its Web site, the Los Angeles/Long Beach Harbor Employers Association released the following statement regarding its contract negotiations with the Office Clerical Unit of International [...]
Cargill, which operates Tacoma’s Temco grain facility with CHS, is among the Northwest grain operators that will reap enormous financial benefits from the Chinese boom in grain demand. Soybeans rallied 45 percent this year on the Chicago Board of Trade, reaching a record $17.7125 a bushel on Aug. 30, while soybean meal in Chicago [...]
A record number of cruise ships are expected to dock at Astoria in 2013. Seaside and Cannon Beach merchants are hopeful many of those passengers spend money at local businesses in the two cities.
Doug Barker, events coordinator with the Seaside Chamber of Commerce, said most of the passengers on the cruise ships that [...]