Trade and Ports News for May 11, 2015

Growing California cap-and-trade fund attracts surge of spending proposals

— Floating proposals ahead of a pivotal period for budget negotiations, they say they want to fund port improvements, pay for heavy-duty trucks and ferries, nurture urban rivers, sponge up carbon in soil and provide discounted bus passes.

 

Oakland port moves past labor slowdown, but faces other competitive threats

— The Port of Oakland has begun to extricate itself from the short-term problem of the tremendous cargo backlog that built up during a months-long labor dispute, but the East Bay cargo hub, along with the other two major seaports in California, must now navigate long-term competitive challenges.

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