Hurricane Isaac sweeps through Gulf

The Port of New Orleans Administration Building is not expected to reopen until Thursday, said port president and CEO, Gary LaGrange
By Patrick Burnson, Executive Editor
August 29, 2012 - LM Editorial

As the full force of Hurricane Isaac has yet to be measured, the Port of New Orleans was taking no chances.

Port spokesmen told LM that they anticipated a “hurricane alert” to be imposed today, and all cargo operations have been shut down. The National Hurricane Center added that it expects heavy rains to complicate cargo operations for the next several days.

The Port of New Orleans Administration Building is not expected to reopen until Thursday, said port president and CEO, Gary LaGrange.

“The safety of our personnel and their families is paramount during any threat of this kind,” he said “Our staff and terminal operators have taken all of the necessary precautions in anticipation of the worst, while we hope for the best.”

LaGrange invoked a soupçon of certainty in this statement by adding “This isn’t our first rodeo.”

The ports of Pascagoula, Gulfport, Pascagoula and Mobile are also shut down until the storm passes, and Mississippi River pilots have anchored all vessels.

Today is the seventh anniversary of Hurricane Katrina, the devastating storm that destroyed much of New Orleans, but spared the port.

Indeed, port operations were soon ramped up shortly after that tragic episode to play a key role in rescue and emergency response.



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

For November, which is the most recent month for which data is available, the SCI came in at -3.2. While this is still entrenched in negative territory, it represents an improvement over October and September, which were -5.5 and -6.6, respectively.

Total December shipments––at 1,150,810––were 3 percent better than November and up 5 percent annually. And total 2014 shipments––at 14,092,551––were up 5.61 percent, setting a new record for annual shipments during the time which Panjiva has been collecting this data since 2007.

The biggest story in the energy sector has to be the 30% decline in oil prices since June to a level not seen since the global recession cut a whopping 6% from global consumption back in 2009.

The challenge for air cargo operators to fill capacity, and the confidence to add capacity, remain the same as the demand curve for air freight services recovers.

For the fourth quarter of 2014, UPS said it anticipates adjusted diluted earnings per share of roughly $1.25, with full-year 2014 adjusted diluted earnings per share at $4.75, which represents a 3.9 percent annual gain over 2013’s adjusted earnings per share of $4.57, with full-year 2014 diluted earnings pegged at around $3.28 per share, which is 28.9 percent below 2013’s $4.61.

Article Topics

News · Ocean Freight · Ocean Cargo · Shipping · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA