Early Friday morning (24-June) the U.S. awoke to the results of Britain’s historic vote to leave the European Union. On the western shores of “The Pond” the controversial referendum was often buried in the electric ether of the U.S. Presidential campaign or more exciting issues like keeping up with another generation of Kardashians. However, with the “shocking decision” (an expression used by at least a dozen U.S. news reporters) “The Exit” is today’s news.
We always seem to forget the effect operating cost has on the supply chain. With fuel and transport rates forever in flux and on our radar, we tend to overlook the less noticeable “costs of doing business” that are not always measured in dollar values. These manifest themselves in port delays and increased transit time.
Fred Potter, director of the Teamsters Union Port Division, in an interview with AJOT said the Teamsters are calling on the Ports of Los Angeles and Long Beach to “ban trucking companies from Port property when they illegally misclassify truck drivers” as independent contractors.
Things had been looking pretty well earlier this year for Brussels Airport which was moving towards realizing its management’s vision to someday transform the airport into a hub despite the fierce competition from other European airports that are already far ahead of Brussels in terms of passenger and cargo volumes.
As largely anticipated, a legal challenge has been mounted by a broad coalition of U.S. Great Lakes ports, foreign-flag carriers and maritime trade associations in Canada and the United States against the U.S. Coast Guard’s recent decision to dramatically increase Great Lakes. pilotage rates.
The logistics industry can expect to see increasing opportunities with the growth of e-commerce and greater demand for inland port facilities, while Savannah and other U.S. East Coast seaports can look to benefit from lower all-water rates, according to industrial real estate expert Curtis Spencer.