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☆ A look at the true nature of the Chinese cyber threat inside the nation's biggest ports
▼ + stars: | 2024-03-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature of the threat. Kurt Fredrickson, a Coast Guard spokesman, told CNBC via email that even if the software is not Chinese, all software has vulnerabilities, regardless of origin. "Software is everywhere," Gene Seroka, executive director of the LA port, told CNBC in a recent interview at the TPM conference. They warn the crane software concerns are part of a much larger societal risk. He added that regardless of the origin of the crane software and the origin of a crane's manufacturing, there are ways to mitigate cyber risk.

Persons: Biden, Jay Vann, Robert Murray, it's, Kurt Fredrickson, Murray, Carlos Gimenez, Melanie Stambaugh, Greg Ehrie, Doug Vogt, Vogt, Mario Cordero, Noel Hacegaba, Cordero, Gene Seroka, Lucian Niemeyer, Trump, Niemeyer Organizations: CNBC, ABB, Germany's Siemens, Counterterrorism, Law, Intelligence, Homeland Security, U.S . Coast Guard Cyber Command, Biden Administration, People's, Capitol, National Association of Waterfront Employers, Coast Guard, Transportation, Maritime Security, of South Carolina, Northwest Seaport Alliance, USCG, American Association of Port Authorities, New Jersey Port Authority, Siemens, New, Port, Biden, North Carolina Ports, ZPMC, NC, United States Coast Guard, Samsung, U.S . Department of Homeland Security, DHS, U.S . Coast Guard, Security, Defense for Energy, National Security, Management, Maritime Transportation, Joint Force, MTS, Readiness Locations: China, Swiss, People's Republic of China, U.S, of South, China . Port of Long Beach, Tacoma, Seattle, York, New Jersey, New York, Port of New Orleans, of Long Beach, Port of Long, Port of Los Angeles, Port, Oakland, Georgia, Finland, Japan, Taiwan, Europe, Shanghai

HUNTINGTON BEACH, Calif. (AP) — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The agency's board members recommended that authorities increase the safety margin between ships anchored on their way to and from the ports of Los Angeles and Long Beach and undersea pipelines in the area. Political Cartoons View All 1283 ImagesThey also urged vessel traffic services across the country to provide audible and visual alarms to those tasked with keeping watch when anchored vessels near pipelines. The recommendations as well as several others followed a nearly four-hour hearing on the spill, one of the largest in Southern California in recent years. A message was also left for the Port of Long Beach.

Persons: Andrew Ehlers, “, ” Organizations: —, National Transportation Safety, MSC Danit, NTSB, Port, Marine Exchange, U.S . Coast Guard, Surf Locations: HUNTINGTON BEACH, Calif, Southern California, Houston, Huntington Beach, Beijing, Los Angeles, Long, Port of Los Angeles, Port of Long Beach, Danit

WASHINGTON (AP) — The Transportation Department on Friday awarded $653 million in grants to upgrade and improve 41 water-based ports across the United States. The grants are part of the $1 trillion in infrastructure investments included in a bipartisan law signed by President Joe Biden in 2021. Biden administration officials said the projects being supported will allow ports to meet greater shipping demands as well as lowering costs for consumers and improving worker safety. He said the goal of the projects is to improve the infrastructure for ports so that they can withstand the kinds of shocks seen during the pandemic. “Today’s announcement is another big step in that direction.”The grants included $43.4 million to replace a dock in Cold Bay, Alaska.

Persons: Joe Biden, Biden, Pete Buttigieg, Buttigieg, “ Organizations: WASHINGTON, Transportation Department, Transportation Locations: United States, Cold Bay , Alaska, The, Long Beach, California, Port, Newark, New Jersey

HONG KONG, Oct 30 (Reuters) - A Hong Kong court acquitted U.S. State Senator Jeff Wilson of illegally possessing a firearm in the Chinese-ruled city as long as he doesn't commit any crime for the next two years. A Republican party member, he has served in the state senate since 2021 and is also a Port of Longview Commissioner. "This is not the first time he came to Hong Kong or China, he used to be a trade delegate to Hong Kong and China. He should have known that the scrutiny in Hong Kong and China is strict," So said. Carrying a firearm without a license in Hong Kong is illegal and offenders can face up to HK$100,000 ($12,800) and a maximum of 14 years in prison.

Persons: Jeff Wilson, Wilson, Don So, Dorothy Kam, Farah Master, James Pomfret Organizations: Hong, U.S, Washington State Senate, Republican, HK, Christian, Thomson Locations: HONG KONG, Hong Kong, Longview, China, Southeast Asia, Portland, U.S, San Francisco

The decision by Saudi Arabia and Russia to extend the voluntary cuts drove up oil prices to over $90 a barrel in late September. Saudi crude exports to China rose to nearly 1.6 million bpd in September, up from 1.2 million bpd in August and 1.37 million bpd in July, Kpler data showed. U.S. CRUDE EXPORTS FALLAs the U.S. sees less crude imports, it has exported less oil to Europe. U.S. crude exports to Europe fell to 1.86 million bpd in September and 1.84 million bpd in August, from 2.01 million bpd in July, Kpler data showed. Tight supply led the premium for front-month Brent crude futures to rise to as much as $3.26 a barrel above the second month , the highest since 2022.

Persons: Lucy Nicholson, Matt Smith, Smith, refiners, Vortexa's Rohit Rathod, Adi Imsirovic, Brent, Stephanie Kelly, Alex Lawler, David Gregorio Our Organizations: Port, REUTERS, Brent, Organization of, Petroleum, Total U.S, Americas, Kpler, West, Surrey Clean Energy, CSIS, Midland, P, Insights, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, Saudi Arabia, Europe, Russia, Nigeria, Algeria, Saudi, China, Richmond , California, Los Angeles, Midland, Brent

REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 23 (Reuters) - Jason Andringa’s company was part of the stampede of U.S. businesses that built factories in China. But the mood of Vermeer and many other global producers has turned sour on China. Rather than expand in China, these companies are directing new investments to other low-cost countries such as Vietnam and India. Ryan Gunnigle, CEO of Atlanta-based toy maker Kids2, said he is continuing to invest in his China factories, adding both automation and new capacity. The CEO of Danby Appliances, a Canadian company that sells over half of its products in the U.S., got 85% of its goods from Chinese factories five years ago.

Persons: Lucy Nicholson, Jason Andringa’s, Vermeer, Biden, Joe Biden, Xi Jinping, Gina Raimondo, Matt Dollard, Ryan Gunnigle, Kids2, Jim Estill, He’s, Danby, Timothy Aeppel, Anna Driver Organizations: Port, REUTERS, U.S ., U.S, Nvidia, Wall Street, U.S . Bureau, China Business Council, Reuters, Asia Pacific Economic Cooperation, Trump, RSM US, Appliances, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, China . Iowa, China, Mexico, Asia, San Francisco, Beijing, Washington, Taiwan, Vietnam, India, Atlanta, Canadian, Turkey, Canada

☆ $100 billion property giant Prologis sealed a huge EV charging station deal. It hints at a new opportunity for real estate investors.
▼ + stars: | 2023-10-23 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +16 min

Late last year, it installed 38 chargers for electric trucks operated by Maersk at two sites in the Los Angeles area. There were 1.8 million conventional medium and heavy duty commercial vehicles operating in the state in 2021, according to data from the California Air Resources Board. Arnold said electric charging sites might be more lucrative than traditional industrial outdoor storage properties. The EV-charging business' chicken-and-egg problemOne of the biggest constraints to the development of charging sites is the availability of power. PDS operates about 320 diesel rigs, Gillis said, but because of the rules, will purchase "20 to 30 electric trucks" a year to steadily electrify its fleet.

Persons: Henrik Holland, John O'Leary, O'Leary's, Holland, Crawford Arnold, Arnold, Southern California Reuters Arnold, Vernon, Rivian, Gage, Zeina, Azzi, she'd, Jim Hurless, Hurless, Michael Bresnahan, Bresnahan, Elon Musk, Tesla, Greg Pearson, Pearson, Frank Schulz, Marijan Murat, Jim Gillis, Gillis, Emil Abdelshehid, We're, Nikola, Moshe Cohen, Cohen Organizations: Shell, Prologis, Maersk, Daimler Truck North, Mercedes, Freightliner, Government, California Air Resources Board, US Department of Energy, IOS, Investors, Shipping, Southern California Reuters, Amazon, FedEx, UPS, Colorado ., Chateau Energy Solutions, Tesla, Klabin, Getty, Los, Pacific Drayage Services, Los Angeles Department of Water, PDS, Volvo, Inc Locations: Southern California, Danish, Los Angeles, Long, Los Angeles County, Torrance, Daimler Truck North America, California, Vernon, of Long Beach, Newark , New Jersey, Texas, New York City, New Jersey, Colorado, Inland, Fontana, San Bernardino, Brooklyn

☆ US West Coast port workers ratify contract agreement
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +1 min

Containers are shown staked-up at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021. Members of the ILWU voted 75% in favor of approving the West Coast port worker agreement that will expire on July 1, 2028. The union and the Pacific Maritime Association (PMA) employer group reached a tentative contract deal in June. That ended 13 months of talks and eased worries that related West Coast port disruptions could hit the all-important retail holiday shipping season. West Coast ports lost some business to U.S. rivals on the East Coast and Gulf of Mexico as extended talks fueled uncertainty.

Persons: Mike Blake, Willie Adams, Jim McKenna, Pratyush Thakur, Lisa Baertlein, Krishna Chandra Eluri, Sandra Maler Organizations: Port, REUTERS, dockworkers, Washington State, Warehouse Union, West, Los Angeles, Pacific Maritime Association, Thomson Locations: Port of Long Beach, Long Beach , California, U.S, California, Washington, Long, United States, West Coast, East Coast, Gulf of Mexico, Bengaluru, Los Angeles

☆ Rail freight from Canada to U.S. continues to drop after ports strike
▼ + stars: | 2023-07-27 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Last week, total rail volume from Canada to the U.S. was down 12%, according to The Association of American Railroad's latest rail traffic report for the week ending July 22. This was an improvement given the first full week of the strike saw a 46% decrease in rail trade from Canada, and the second week suffered a 36% decrease. Rail traffic from Canada into the U.S. had a third-straight weekly drop as a result of the on-again, off-again strike at the West Coast Canadian ports. When the first strike ended on its thirteenth day, delays for rail containers were estimated at 39 to 66 days. Adding another day with the on-again, off-again strike last week, brings the congestion removal tally up to 42-70 days.

Persons: Port of Prince Rupert, Doug Macdonald, Rupert, Blaine Davidson, Terri Shimensky, Shimensky, Eric Byer, Byer, NACD Organizations: The Association of American, West Coast, Railway Association of Canada, CNBC, The Railway Association of Canada, Port, National Association of Chemical Distributors, CN, U.S ., Railroads, Canada, Association of American Railroads Locations: Canada, Port of Vancouver, Port of, Vancouver, Ohio, of Long, U.S . West Coast, U.S, Chicago, West

The "slow and go" pace of the International Longshore and Warehouse Union workforce at West Coast ports has slowed ground port productivity to a crawl. "Our data shows that vessels will continue arriving at West Coast ports in the coming days with significant amounts of cargo to unload," said Kyle Henderson, CEO of Vizion. Truck and container backupsThe average truck turns to go in and out of the West Coast ports are up. West Coast ports, which had lost significant volume to East Coast ports over the past year due to volatility in the labor contract talks, had in recent months begun to gain back volume. Recent Panama Canal low water levels limited cargo throughput, and soon after that, large parts of U.S. West Coast ports stopped handling inbound and outbound container trade.

Persons: Kyle Henderson, lashers, Xeneta, Peter Sand, Hapag Lloyd, Paul Brashier, Jerome Powell, Jonathan Ostry Organizations: Fenix Marine Services, Warehouse, Port, CNBC, Vizion, Logistics, Pacific Maritime Association, Long, PMA, Marine Services, East Coasts, Fenix Marine, U.S ., East Coast Ports, CMA, ITS Logistics, Los Angeles, Federal, Georgetown Locations: West Coast, Port of Oakland, Port of Los Angeles, Long Beach , California, Oakland, Los Angeles, Long, Port of Long, Long Beach, Seattle, Tacoma, West, U.S, East, Coast, East Coast, Panama, U.S . West Coast, Gulf, Asia, South America, Los, Houston, Savannah

☆ Vessel buildup grows at West Coast ports as maritime supply chain begins to break, echoing Covid chaos
▼ + stars: | 2023-06-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Tugboats guide the Mediterranean Shipping Co. (MSC) Mia container ship arriving at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, April 1, 2020. The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor slowdowns at West Coast port terminals have impacted supply chain operations, from trucks to rails and ocean carriers. Data from MarineTraffic shows that vessel problems are shifting from isolated to more pervasive. He said these vessels have yet to be loaded/offloaded and sent away, critical to make room for the next wave of vessels heading to Los Angeles. At the Port of Los Angeles, the CMA CGN Lyra has been at the dock since May 31; CMA CGM Amerigo Vespucci has been there since June 1.

Persons: Adil Ashiq, Lyra, Amerigo Vespucci Organizations: Mediterranean Shipping Co, Port, Marine Exchange, Southern, Vessel Traffic Service, North, MarineTraffic, MSC, CNBC, Tesla, CMA, Ports Locations: Port of Los Angeles, Los Angeles , California, U.S, Long, West Coast, Port of Long, Southern California, Los Angeles, LA, North America, of Los Angeles, Europe, Port of Oakland

☆ Lawmakers worry Medicare Alzheimer's plan won't ensure access to new treatments
▼ + stars: | 2023-06-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Rep. Nanette Barragan (D-CA) speaks alongside US Department of Transportation Secretary Pete Buttigieg after a tour of the Ports of Los Angeles and Long Beach during a press conference at the Port of Long Beach on January 11, 2022 in Long Beach, California. Two Democratic lawmakers are calling on Medicare to provide more information on how the program will make good on its promise to cover Alzheimer's treatments for seniors. Medicare has promised to cover Alzheimer's antibody treatments on the same day the medications receive full approval by the Food and Drug Administration. The federal health program will cover the treatments through Part B of the program for seniors. Eshoo and Barragan told Brooks-LaSure that they are worried the registry could present a barrier to care.

Persons: Nanette Barragan, Pete Buttigieg, Anna Eshoo, Chiquita Brooks, LaSure, Eshoo, Barragan, Brooks Organizations: US Department of Transportation, Port, Democratic, Health, Medicare, Medicaid Services, Food and Drug Administration, FDA Locations: Los Angeles, Long, Port of Long Beach, Long Beach , California

The Port of Long Beach is the second-busiest U.S. container terminal and a key driver of economic activity. That industry accounts for about half of the volume at the nation's container ports and is gearing up for back-to-school, Christmas and key sales events. That facility is majority owned by container shipping giant Mediterranean Shipping Company SA (MSC). Pacific Container Terminal, owned by Carrix Inc's SSA Marine, was closed on Monday for normal operational reasons having nothing to do with labor, terminal general manager Randy Galosic told Reuters. Many West Coast terminals are fully or partly owned by those shipping companies.

Persons: Biden, dockworkers, David French, TTI, Lee Peterson, Randy Galosic, Lisa Baertlein, Will Dunham, Chizu Organizations: National Retail Federation, Mediterranean Shipping Company SA, Warehouse Union, Coast, Container, Carrix, SSA, Reuters, ILWU, Long, Thomson Locations: ANGELES, West Coast, Southern California's Port, Long, Oakland , California, California, Washington, TTI, Los Angeles, Oakland, Long Beach, West

☆ West Coast dockworkers disrupt trade for a fourth day, says maritime group
▼ + stars: | 2023-06-05 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

CNN —For a fourth day, dockworkers at West Coast ports in the United States are disrupting international trade, according to the Pacific Maritime Association. The West Coast ports, which once handled the bulk of US trade — especially during the pandemic, have relinquished some volume to the Gulf and East Coast Ports. The West Coast ports have said they are capable and open for business. Much of the diverted cargo may never return to the West Coast,” the PMA said. “We are getting there but it’s important to understand that West Coast dockworkers kept the economy going during the pandemic and lost their lives doing so.

Persons: Biden, ”, David French, Willie Adams, “, dockworkers Organizations: CNN, Pacific Maritime Association, Port, Warehouse Union, PMA, East Coast, National Retail Administration, National Retail Federation Locations: dockworkers, West Coast, United States, Port of Long, Los Angeles, Long, Oakland, Seattle, Port, Tacoma, Gulf, East, East Coast Ports, West, California

☆ West Coast port labor issues persist from Los Angeles to Seattle, with supply chain frustration mounting
▼ + stars: | 2023-06-05 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

A container ship is shown at the Port of Los Angeles in Los Angeles, California, November 22, 2021. Another Los Angeles Port terminal, Pacific Container Terminal (owned by SSA) announced Monday morning to truckers they would be closing the dayside shift on Tuesday. watch nowThe Port of Los Angeles, the nation's busiest port, processes $440 billion in cargo value per year. That market share has declined with more trade moving to the East Coast over the past year, at least partially due to labor issues on the West Coast that had supply chain managers worried about reliability of service. Recently, as the labor negotiations on the West Coast were said to have made progress, more trade started coming back.

Persons: Mike Blake, Paul Brashier, Brashier, ILWU Organizations: Port, Oakland, Logistics, CNBC, Marine Services, CMA, Maersk, Evergreen, ITS Logistics, Warehouse Union, Fenix Marine, Los Angeles Port, Container, SSA, Pacific Maritime Association Locations: Port of Los Angeles, Los Angeles , California, West, Los Angeles, Seattle, OOCL, COSCO Shipping, Sealand, West Coast, Port, East Coast, China, of Los Angeles, East, Long, Oakland

☆ Largest terminal at Long Beach, California port won't open Monday after getting hit by labor turmoil
▼ + stars: | 2023-06-04 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +1 min

The largest terminal operator at the Port of Long Beach and Seattle told truckers Sunday it will close for both the day and night shifts on Monday, according to an email obtained by CNBC. Ports and workers are locked in an unofficial dispute over wages, as well as safety, automation and pension benefits. TTI email to trucking clients of terminal closures Monday amidst labor turmoilThe notice was sent by Total Terminals International (TTI), the largest terminal in Long Beach and a unit of MSC. "Port of Long Beach cargo has been moving through the terminals and we do expect the commitment by the parties to continue and encourage the parties to put [a] full faith effort for a final resolution," said Mario Cordero, executive director of the Port of Long Beach. "To put it lightly, gate disruptions make it difficult for our members to plan and deploy truck capacity," said Schrap.

Persons: Mario Cordero, Matt Schrap, Longshoremen Organizations: Port, CNBC, Total Terminals, MSC, Harbor Trucking Association Locations: Port of Long Beach, Seattle, Long Beach, of Long Beach

The West Coast is home to the busiest U.S. container port complex at Los Angeles/Long Beach. Pacific Coast ports are an important engine of the U.S. economy and handle everything from apparel and furniture to agricultural products and automobiles. Some Port of Los Angeles terminals were affected by labor shortages, a spokesperson there said. Meanwhile, West Coast ports have lost cargo to rival ports on the East and Gulf Coasts as shippers worry that a breakdown in talks could strand cargo on ships or in docks. Reporting by Lisa Baertlein in Los Angeles; Editing by Will Dunham and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Willie Adams, Adams, Mario Cordero, Cordero, Friday's, Lisa Baertlein, Will Dunham, Diane Craft Organizations: U.S . West, Pacific Maritime Association, Warehouse Union, ILWU, Twitter, Long Beach, Walmart, Thomson Locations: ANGELES, U.S . West Coast, Los Angeles, Long Beach, Oakland, California, Tacoma, Seattle, Washington, Coast, Pacific Coast, U.S, Port, Long, West Coast, Gulf Coasts

☆ West Coast Dockworkers Reach Tentative Deal on Port Automation
▼ + stars: | 2023-04-20 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

Computer-controlled cargo cranes lift containers from ships to zero-emission automated guide vehicles, remote-controlled electric movers at the Port of Long Beach, Calif. Photo: Damian Dovarganes/Associated PressWest Coast dockworkers reached a tentative agreement with employers on the use of automated machinery at cargo terminals, according to sources familiar with the negotiations, clearing one major hurdle in negotiations on a new contract covering workers at some of the country’s biggest seaports. The International Longshore and Warehouse Union, which represents more than 22,000 dockworkers at ports from Southern California to Washington state, said Thursday it has reached agreement with employers “on certain key issues.”

☆ Port Labor Disputes Raise New Fears Over U.S. Import Disruptions
▼ + stars: | 2023-04-18 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The Port of Long Beach, Calif. Some dockworkers failed to show up for shifts at the complex on April 6 and into the next day. Flaring labor tensions at West Coast ports are sparking fears of growing work stoppages that would hobble the flow of goods through some of the country’s biggest trade gateways as importers prepare for the year’s busiest shipping season. Jonathan Gold , vice president for supply chain at the National Retail Federation, said importers are increasingly concerned about a series of targeted labor actions that have disrupted major ports while contract talks between employers and dockworkers approach the one-year mark with little sign of progress.

☆ West Coast port workers force closure of top U.S. shipping gateway - employer group
▼ + stars: | 2023-04-07 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

April 7 (Reuters) - A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to shut on Friday, after months of strained labor negotiations between the dock workers union and their employers. "The action by the union has effectively shut down the ports of Los Angeles and Long Beach," the PMA said in a statement. Port of Los Angeles officials were communicating with the ILWU and PMA, along with federal, state and local officials, to "support a return to normal operations," said the group, which is managed by a unit of the City of Los Angeles. A representative of the ILWU Local 13, which represents workers at both the Los Angeles and Long Beach ports, declined to comment. Reporting by Laila Kearney in New York; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Top U.S. shipping gateway mostly closes due to port worker shortage - employer group
▼ + stars: | 2023-04-07 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

April 7 (Reuters) - A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday, after months of strained labor negotiations between the union dock workers and their employers. The PMA said the missing workers were a result of a coordinated action by the International Longshore and Warehouse Union (ILWU) to withhold labor as contract talks drag on. "The action by the union has effectively shut down the ports of Los Angeles and Long Beach," the PMA said in a statement. Instead, the ILWU said the slowdown was due to thousands of union workers attending a monthly membership meeting on Thursday evening and observing the Good Friday holiday the following day. Port of Los Angeles officials were communicating with the ILWU and PMA, along with federal, state and local officials, to "support a return to normal operations," said the group, which is managed by a unit of the City of Los Angeles.

☆ Where EV trucks are going to hit the road first
▼ + stars: | 2023-02-10 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +5 min

Due to the limitations that EV truck batteries face in mileage range, they're best suited for drayage transportation, or the movement of goods across short distances. So, trucking companies are making efforts to develop short-haul EV trucks and put them to use at ports and intermodal logistics facilities. How electric trucks navigate long-haul shipping is one of the main issues that the trucking industry faces as it looks to expand EV usage. Performance Team, a subsidiary of shipping giant Maersk, deployed Volvo short-haul EV trucks in Southern California for distribution facilities and warehouses starting last October. Regardless of how these EV trucks are being deployed to lower carbon emissions, the goal is also for them to save the trucking companies money.

☆ Port of New York shatters trade record, but latest shipping data hints at California comeback
▼ + stars: | 2023-01-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Containers sit at the GCT New York container terminal on Staten Island on October 20, 2022, in New York City. The Port of Long Beach moved 9.13 million TEUs last year. "These 9.5 million TEUs is more than 27% of 2019 levels," said Bethann Rooney, port director of the Port of New York and New Jersey. "This is not sustainable if we are going to handle 14 million TEUs in the not too distant future," she said. If they have stability on the West Coast, it doesn't really make sense to spend the extra two weeks crossing to go to the East Coast.

☆ Trump appears to be on the fence about Kevin McCarthy endorsement, says 'we'll see what happens' after 3 failed rounds of votes for House speaker
▼ + stars: | 2023-01-03 | by ( Azmi Haroun | Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Rep. Kevin McCarthy failed to gain the votes to become House majority speaker on Tuesday. McCarthy failed to gain the necessary 218 votes three times at the outset of the 118th Congress. Later, key ally Donald Trump declined to say whether he stood by his endorsement of McCarthy. McCarthy did not amass enough votes from his Republican colleagues at the outset of the 118th Congress, with 19 GOP members voting against his effort to become speaker of the GOP-led House. In December, Trump encouraged GOP holdouts to rally around McCarthy, accusing them of playing a "very dangerous game."

☆ East Coast ports including New York are winning a domestic trade war at the expense of California
▼ + stars: | 2022-12-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

According to ITS Logistics which monitors rail cargo trends, the volume of freight moving out of the East Coast doubles that of the West Coast. East Coast ports making major investments East Coast ports like Georgia, Virginia and Maryland have been increasing their investment to accommodate the increase in rail capacity. "CSX continues to see the East Coast ports as a growth opportunity as volumes shift from congested West coast gateways," said Cindy Schild, CSX spokesperson. West Coast port declinewatch nowCargo volumes on the West Coast remained soft at the Port of Los Angeles in November, which saw a 21% decrease year over year in volumes. While the East Coast gains are significant, there was a "leveling" off of imports detected on the East Coast in November, according to port TEU data from the CNBC Supply Chain Heat Map.

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