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Innovative Logistics
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We Move Freight. We Deliver Service.
We Move Freight. We Deliver Service.

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ILA Talks at a Standstill Over Royalties

Port of Charleston Container Traffic Jumps 12 Percent

Truck Tonnage Rose 3.7 Percent in November

Diesel Drops 4.6¢ to $3.945 a Gallon

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Diesel Drops 3.6¢ to Below $4; Gasoline Continues to Slide

The Retail Industry Leaders Association and National Retail Federation have urged the International Longshoremen’s Association and the United States Maritime Alliance to reach a contract agreement before the Dec. 29 deadline in order to prevent disruptions to the flow of goods at East and Gulf Coast ports.

The ongoing labor negotiations affect 14 East and Gulf Coast ports, which cover 95 percent of all containerized shipments to the Eastern seaboard, RILA said in its statement.

Canadian National Railway in 2013 will continue to strengthen its intermodal connections to the ports of Prince Rupert and Metro Vancouver and build on its terminal network, as the railroad aims to give shippers faster and expanded access to U.S., Canadian and foreign markets.

Seattle port sets next year's budget -

The Port of Seattle Commission last week approved a 2013 budget that projects annual revenue of $550.6 million, which would represent a 6.5 percent increase compared with 2012.

The port's operating expenses are budgeted at $328.9 million, up 6.2 percent year over year, and net income before depreciation is forecasted at $221.7 million, up 7.1 percent.

The Seaport Division — which manages four cargo, one grain, one barge and two cruise terminals, as well as industrial properties connected with the businesses — is projected to generate 2013 revenue of $110.3 million, which would represent an 11.9 percent year-over-year increase. Operating expenses are forecasted to rise 1.1 percent to $47 million and net income before depreciation is forecasted to jump 21.5 percent to $63.2 million.

The budget also contains $225.5 million for various capital projects, including improvements to a dock at Terminal 46 for container activities, and the creation of a dedicated truck roadway from East Marginal Way to Union Pacific Railroad's Argo Yard.
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