The administrator of the Panama Canal Authority – refuting a statement earlier this week by his second in command – says the expanded waterway should be ready for inauguration in June, following delays costing the authority more than a half billion dollars in revenue.
Panama Canal officials are looking to offer volume-based incentives to containership operators as part of plans to encourage full use of the expanded waterway after it opens – an event now eyed for “early the second part of this year.”
I recently took a road trip from Connecticut to Iowa to connect with old college friends. While construction annoyed and delayed our travel it was a welcome sight considering that construction in and around major cities means that future travel will be smoother.
The Teamsters Union has expanded labor actions from its on-going strike at Pacific 9 Transportation to include three other harbor trucking companies serving the Ports of Los Angeles and Long Beach, according to Barb Maynard, spokeswoman for the Teamsters Port Division.