Subscribe to our free, weekly email newsletter!


Management Update: Port of Oakland revival.

By Staff
April 01, 2010

With the arrival of three new container cranes from Shanghai last month, the Port of Oakland is anticipating increased cargo throughput. According to Omar Benjamin, the port's executive director, Oakland had a 30 percent increase in its maritime cargo imports and an 11 percent increase in outbound cargo exports compared to a year ago. “There are glimmers of economic recovery on the horizon,” Benjamin said. “And people are beginning to feel the negative news of the past several months beginning to thaw and give way to better days.” In a letter to shippers, Benjamin also noted that Union Pacific Railroad recently opened its Donner Pass route located in the Sierra Nevada mountain range to domestic double-stack intermodal container freight traffic.

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

Having introduced into the California State Senate a new bill designed to give an exemption from sales and use tax for port terminal operators purchasing zero or “near zero-emission” equipment, Lara is trying to advance to agendas.

The notions of “green shoots” or “cautious optimism” in gauging the current state of the economy does not specifically exhibit what is really happening, when assessing how things are actually going, it seems. That was made clear by Bob Costello, chief economist at the American Trucking Associations, at last week’s NASSTRAC (National Shippers Strategic Transportation Council) Shippers Conference and Transportation Expo in Orlando, Fla. last week.

With a 6.8 cent gain to $2.266 per gallon, this week’s average diesel price is at its highest level since the week of December 28, when it was at $2.237 per gallon.

Manufacturing activity in April remained on the right side of growth for the second straight month, following six months of contraction, according to the April edition of the Manufacturing Report on Business from the Institute for Supply Management (ISM).

Some 22 centuries after the original Silk Road smoothed the path of Chinese silk merchants to Europe, a new effort is beginning to build a new 21st century highway between Europe and the burgeoning economy of China, now the world’s fastest-growing market.

Article Topics

· All topics

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