US Energy Markets: Transforming the Shipping Industry
By Darrell Conner and Nickolas Milonas
It was not too long ago that the focus of energy debates in the United States was on importation of liquefied natural gas (LNG) and crude oil. The price of bunker fuels was dramatically increasing, cutting into corporate profitability. Orders for foreign flag tankers were skyrocketing, while the numbers of domestic US-flag tankers was flat or declining.
What a difference a few years can make. Today, discussions about those issues have dramatically shifted, changing the landscape of shipping around the globe…. (More)
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Trucker Files Class-Action Suits Against Drayage Companies
by Mark Edward Nero
A truck driver has filed separate class action lawsuits against two Los Angeles-area drayage companies that haul containers to and from the Los Angeles and Long Beach ports, alleging that they misclassify drivers …(Read Full Article)
Long Beach Monthly Cargo Volume Dips
by Mark Edward Nero
Overall cargo volume at the Port of Long Beach dipped 2.6 percent last month due to an 8.3 percent decline in empty containers, according to newly released data. The data show that total import volume..(Read Full Article)
Tacoma Container Volumes Down, Break Bulk Up
by Mark Edward Nero
Break bulk cargo and auto import volumes posted gains through February 2013 at the Port of Tacoma, but container volumes continued to lag….(Read Full Article)
POLB to Host Peak Season Forecast
by Mark Edward Nero
The economic news has been up and down over the past year, so what can you expect from this year’s peak shipping season in Southern California and along the West Coast? Those questions are due to be answered …(Read Full Article)