The Port of Oakland’s total cargo volumes are up 6 percent over the same period a year ago. The Port reported that terminals handled 1,152,608 TEUs between January to June 2016. A TEU is a 20-foot equivalent unit, which is a standard measure in the container shipping industry. During the same period in 2015, the [...]
Strikes at Korean yards are becoming more common as anger grows at senior management and the government This photo was taken in September 2015 when workers struck at Hyundai Heavy Industries in Ulsan, South Korea.
Workers at eight of South Korea’s largest shipyards will go on strike on July 20 as a [...]
In 2015, the average chief executive at the largest corporations in the U.S. earned 276 times what a typical worker made ― about $15 million, a new paper from the Economic Policy Institute reports.
From The Huffington Post:
Chief executives certainly have demanding jobs ― requiring long hours, boorish appearances on CNBC and earnest [...]
”The ETF deeply regrets the outcome of the UK Brexit referendum. It is a sad but strong signal that an adequate European Union social policy is absent, and has sent workers away from the European project. The EU’s policies do not reflect workers’ expectations; a change has to come rapidly before other countries follow [...]
Excerpts from Southern California Public Radio:
After a massive nine-year, $5.4 billion expansion, a considerably larger Panama Canal opens Sunday.
But executives at the ports of L.A. and Long Beach, as well as those who study trade, don’t predict this new expansion will hurt Southern California’s port business.
Here are three reasons why:
”In recent years, mega-vessels have caused traffic jams in the water and on-shore as overwhelmed ports struggle to offload thousands of containers.”
What’s a major cause of congestion at our ports? An important from piece Bloomberg View:
In December, the quarter-mile-long Benjamin Franklin became the largest cargo ship ever to dock at a U.S. [...]
The American Maritime Partnership (AMP) has released a statement regarding Rep. Gary Palmer’s (R-AL) proposed measure to exempt Puerto Rico from the Jones Act – which requires waterborne cargo between two points in the United States to be transported on vessels that are American built, owned and crewed.
The Palmer amendment to H.R. 5278, the [...]
Port of Stockton officials approved Monday a conservative budget for the fiscal year that began this month, projecting net income of $13.5 million on revenues of $52.9 million, up slightly from what is thought to be net income of $13.2 million on $51.4 million in revenue for the year past.
Michelle Bowling, port controller, said [...]
From The Los Angeles Times:
It was yet another election day slap in the face for Californians on Tuesday: Hours before voters were to cast ballots that one presidential candidate promised would upend the race, the media declared that the race was actually over.
Once again, the presidential primary has been decided elsewhere.
The Associated [...]
Bernie Sanders held a rally Monday in Oakland at the Frank Ogawa Plaza with conservative estimates counting attendance between 20,000 and 30,000 people.
The media continues to berate Bernie Sanders for taking his campaign all the way to the Democratic National Convention with headlines like “Why Won’t Bernie Sanders Just Give Up Already?” However, [...]
”You divide everyone up, and you know what happens?” Sanders asked. ”The rich get richer, and everyone else gets poorer.” Sen. Bernie Sanders wearing ILWU jacket at rally in Southern California, May 2016
From the Los Angeles Daily News:
Sen. Bernie Sanders’ 30-minute speech before a crowd of about 1,000 mostly union dock workers [...]
From the Daily Breeze:
Thousands of union workers will rally Friday on the San Pedro waterfront during a campaign swing by Sen. Bernie Sanders as he continues to barnstorm the state for presidential primary votes.
The outdoor event, sponsored by Harbor Area labor unions, will be held at the Downtown Harbor dock area just [...]
Reported in the Los Angeles Times:
Bernie Sanders released a television ad on Tuesday that urges Californians to send a message to establishment Democrats in the state’s June 7 primary.
“What choice do Californians have in this election?” Sanders says in the 30-second ad, over footage of workers and students. “The biggest one of all. [...]
The United States is about to import the largest wheat cargo from the U.K. in more than two decades as a combination of ample British supply, a weaker pound and rock-bottom freight rates make the unusual trade viable.
It’s unusual for the U.S. to import large quantities of wheat, not least because it’s the third-biggest [...]
ILWU International President Bob McEllrath with Congressional candidate Dave McTeague, May 2016. Photo by Dawn Des Brisay, ILWU Local 40.
From the Huffington Post:
A progressive House candidate is tying himself as closely to Bernie Sanders as possible in the hopes that it will help him pull off a major upset against a [...]