Shipping Continues to Rebound
1. Shipping at the Port of Portland for the month of November, at 1,094,893 short tons, was the highest shipping volume for the month of November since 2007, and year-to-date shipping at Portland is 31.1% ahead of last year.
2. The number of full outbound containers leaving the Port of Seattle in October was the highest count (55,552) for any month during the last two years, and year-to-date shipping at Seattle is running 37.3% above the same period last year.
3. "Boosted by continually strong demand, passenger and cargo throughput in November at Hong Kong International Airport (HKIA) registered year-on-year increases of 8.1% and 7.1%, growing to 4.1 million and 368,000 tons respectively. For the first 11 months of 2010, HKIA has handled a cumulative total of 46.5 million passengers and 3.8 million tons of cargo, increasing 10.7% and 24.8% from a year ago."
Note: HKIA is the world's largest international freight airport.
4. "More containers moved in and out of the Port of New York and New Jersey by rail in October than in any month since the end of 2008, when the recession caused volume to plunge. Rail lifts, including full loads and empties, jumped 24.4 percent to 35,714 lifts in October over the same month last year, the most the port authority has reported since 35,223 lifts in August 2008."
5. "November container volume at the ports of Los Angeles and Long Beach indicate exports are building strongly while imports, though down compared to recent months, are still running at double-digits ahead of last year. November was the peak month of the year in Los Angeles for exports. Exports were 14.2 percent higher than in November of 2009. Exports in Long Beach were up 24.8 percent from the same month last year. November was the second busiest month of 2010 after October."
2 Comments:
Anecdotal observation:
I just oberved four huge container ships in Seattle's Elliot Bay waiting for dock space. This was very unusual because one or two would be normal. It must be very busy on the docks (no work stoppages).
If politicians can end recessions and "fix" economies, why hasn't Dale Kildee (D) fixed the Flint economy?
Dale assumed his office as the U.S. congressman from Flint, MI in Michigan's 5th congressional district on January 3, 1977.
Over the last 33 years --- on Dale Kildee's watch --- Flint, MI and Genesee County [of which Flint is the county seat] has changed from a thriving GM town to a ghost town.
Dale has had 33 years to fix Flint.
UAW jobs in Flint are down close to 100,000 over the last 33 years.
Flint has lost close to 100,000 UAW jobs while Dale Kildee has been our U.S. congressman.
UAW members stand in line to re-elect Dale Kildee and then go stand in the unemployment line to collect benefits or the jobs bank line to sit in a room and get paid for sitting in the room.
Is the fact that Flint is in an economic death spiral the fault of Dale Kildee?
Is the fact that Flint is in an economic death spiral the fault of Jennifer Granholm (D), our governor for the last 8 years?
Is our recession the Kildee recession, the Granholm recession, or the Bush recession?
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