Despite promises by Oakland City officials that the $12 billion Oakland A’s ballpark and condominium complex at the Port of Oakland’s Howard Terminal will not require taxpayer funding, there is growing concern that Oakland taxpayers may be required to foot part of the bill.
Eugene Seroka, executive director Port of Los Angeles, remains hopeful that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) will resolve their differences and avoid a labor disruption to U.S. West Coast ports.
The Water Institute of the Gulf is harvesting depth sounding data from a fleet of tugs working in Louisiana’s stretch of the Mississippi River so as to develop an early warning system that anticipates shoaling problems for river shipping and ports.
U.S. Federal Maritime Commissioner Carl Bentzel says that he hopes to win the approval from maritime stakeholders for new data transparency standards organized under the proposed Maritime Transportation Data Initiative (MTDI).
Speaking at the Intermodal Association of North America’s (IANA) Intermodal Expo on September 13th at Long Beach, California, Lars Jensen, CEO and partner, Vespucci Maritime based in Copenhagen, Denmark expects ocean container shipping rates to continue to decline in 2022 but predicts that they will eventually end up above 2019 levels.
From congested ports to empty shelves at the supermarket, it’s clear that many goods aren’t getting where they need to be on time. The challenges in the trucking industry certainly have contributed to this, but what exactly are the major issues the industry is facing and, more importantly, what can be done to solve them?