Subscribe to our free, weekly email newsletter!



Keep our seaports strong

By Patrick Burnson, Executive Editor
September 01, 2011

In a letter sent yesterday to the Joint Select Committee on Deficit Reduction, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle asked committee members to fully consider the benefits of focusing scarce federal resources where they will have the greatest impact, including in and around America’s seaports.

He noted – quite correctly – that our ports facilitate trade and commerce, create jobs, help secure our borders, support our military and serve as stewards of valuable coastal environmental resources.

“Seaports are essential to economic prosperity, and federal funding for seaports pays dividends for our country,” Nagle stated.

The letter comes on the heels of a speech from the White House Rose Garden earlier this week where President Obama listed ports as one of the important investment areas that America should focus on in the near term and going forward. 

“We have to have a serious conversation about making real, lasting investments in infrastructure, from better ports to a smarter electric grid to high speed rail,” President Obama said. “At a time when interest rates are low and workers are unemployed, the best time to make those investments is now, not once another levee fails or another bridge falls. Right now is when we need to be making these decisions.”

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The dark side of the “Amazon effect” and larger impact made by the explosive growth in e-commerce may soon be seen when organized labor prepares of a massive air cargo strike.

During this webcast our panelist offer logistics and supply chain professionals a “reality check” when it comes to our current state of understanding, adoption, and utilization of the technological tools that are available to improve our operations.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month.

Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.

Regardless of capacity, pricing, or the economy, trucking industry regulations are never far from the freight transportation limelight. That is especially evident when it comes to the federally mandated hours-of-service (HOS) regulations. As usual, the current state of HOS remains somewhat fluid. And the reason for that has to do with legislation coming from the Senate Transportation Appropriations legislation that is currently being considered by the Senate.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA