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The Northern Sea Route along Russia’s north coast is projected to be more passable than the Northwest Passage, located above Alaska and Canada, in the short term. But as the decades wear on, both may be feasible for more months out of the year, with a trans-polar route in international waters possibly coming into play [...]  Japanese farmers protest against the Trans-Pacific Partnership in Tokyo. Their banner reads: ‘We absolutely oppose Japan’s participation to TPP.’ Farmers in the US are pushing for Japan to join the 11-nation Trans-Pacific Partnership as a way to gain access to the world’s third-largest economy as automakers seek to exclude the Asian nation until it [...] From the Montreal Gazette: Longshore workers in Montreal’s Old Port voted Wednesday to accept a new collective agreement that will increase their wages by a maximum of 12 per cent over the next six years. Fifty-six per cent voted in favour of the contract, just two months after the last contract expired. In a statement, [...] Terminal Link, a wholly owned subsidiary of Marseilles-based CMA CGM, operates 15 container terminals in France, West Africa, the U.S. and Canada as well as Malta Freeport, a major Mediterranean transhipment hub. Graphic from Loadstar. French ocean carrier CMA CGM has agreed to sell a 49 percent stake in its Terminal Link ports unit [...] From the Journal of Commerce: A Journal of Commerce survey found that cargo owners are flustered by the eight-day office clerical workers strike last month in Los Angeles-Long Beach, and the possibility of an East and Gulf Coast dockworker strike three weeks from now, but cargo diversion is not an option for many shippers. Of [...] The Port of Prince Rupert has become the first marine facility to implement a new cargo screening project as part of a new Canada-US security agreement. Under the new pilot project, the Integrated Cargo Security Strategy, any cargo arriving at the port must be screened upon arrival, which when cleared, will be free to move [...] International container volume in North America increased 3.9 percent during the second quarter, marking the best quarterly results in a year, according to the Intermodal Association of North America’s (IANA) “Intermodal Market Trends and Statistics Report” issued last month. In absolute terms, the quarter also served as the international segment’s highest second quarter since 2008, [...] A further step has been taken toward the possible construction of a liquefied natural gas export terminal at Prince Rupert. Spectra Energy has announced an agreement with BG Group, which has been talking about the project for some time with the Port of Prince Rupert and others. The two Texas-based companies are proposing to build [...]
Transparency has become an issue of the Pacific-region talks, with consumer, labor and environmental groups siding with some U.S. lawmakers who want participants to make their positions public. Dozens of groups including the U.S. Chamber of Commerce and International Brotherhood of Teamsters met with negotiators during Pacific-region trade talks in Leesburg, Virginia, as protesters called [...] From the News Tribune: Tacoma, other West Coast ports face challenges: Competiton from north, south of U.S. borders While the terminal operators in Mexico and Canada talk about serving their national markets, both Prince Rupert and Lazaro Cardenas have a common attribute that could make them strong competitors for U.S. business. Both ports are connected [...] Canadian National Railway plans to buy more than 2,200 railcars and 1,300 new containers this year to support growing bulk materials and intermodal traffic. The order comes after the largest Canadian railroad saw a 4 percent year-over-year rise in volume in the second quarter, which included a 13 percent jump in intermodal volume. The largest [...] Retailers are antsy about the possibility of having to reroute cargo if ports such as Massport, above, close due to a strike. From the Boston Herald: A potential strike by longshoremen from Maine to Texas threatens to disrupt retailers’ shipments before the busiest shopping time of the year. The National Retail Federation Monday called [...]
Rather than pit regions against each other, U.S. Sen. Maria Cantwell predicts USDOT would endorse projects aiding West Coast ports to increase their Asian trade, while competing against Canada and Mexico. U.S. Secretary of Transportation Ray LaHood chose Seattle’s Harbor Island on Thursday morning to announce creation of a Freight Policy Council. His goal is [...] The icebreaker Xuelong, or Snow Dragon, arrived in Iceland this week after sailing the Northern Route along the coast of Russia. The thaw is slowly opening up the Arctic as a short-cut route – the German-based Beluga Group, for instance, sent a cargo vessel north from Korea to Rotterdam in 2009. An icebreaker has [...] From today’s Journal of Commerce: Negotiations for a new International Longshoremen’s Association contract covering dockworkers at East and Gulf Coast ports broke down suddenly Wednesday, ILA spokesman James McNamara said. McNamara said ILA President Harold Daggett broke off talks after USMX presented a “take-it-or-leave-it” proposal and said management would not discuss continuing negotiations unless the [...] |
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