JoC Week articles from July 2006

JoC Week archives from July 2006

Long overdue.(Corps of Engineers)
July 31, 2006... Google "Corps of Engineers" and "boondoggle" and you get 43,900 references. For years the agency has been a punching bag for environmentalists and critics of what they see as wasteful pork-barrel spending. The criticism intensified after...

Revival of Doha Round may depend on TPA.(trade promotion authority)(Brief article)
July 31, 2006... Although U.S. business groups were disappointed by the recent suspension of Doha Round multilateral trade talks, they still hope negotiations can be revived. "Our long-term goals for this round have not changed," said Tim Deal, senior vice...

Asian growth poised to accelerate.(economy)(Brief article)
July 31, 2006... Will Asia's economy continue to grow? Yes, says IMA Asia, a Sydney-based economic research and consulting firm. In a recent report, IMA said Asian economic growth in the second half of this year will be at least as strong or slightly better...

Coast Guard shopping for cutters.(Fast Response Cutter)(Brief article)
July 31, 2006... The Coast Guard may be shopping offshore for vessels or vessel designs to fill gaps in operational readiness until the Fast Response Cutter is ready for duty, according to Commandant Adm. Thad Allen. The FRC is intended to replace a fleet of...

South Carolina prepares study to lure port investors.(State Ports Authority)(Brief article)
July 31, 2006... The South Carolina State Ports Authority has agreed to spend up to $450,000 for a feasibility study to help attract private financing for a container terminal at a former Navy base. The port authority has received bids from three groups for...

Results of the JoC pulse.(RADAR SCREEN)
July 31, 2006... Results of the JoC Pulse Should the U.S. subsidize short-sea shipping? Yes 42% No 58%

Vessel operators cite problems with TWIC plan.(Transportation Worker Identification Card)(Brief article)
July 31, 2006... U.S. oil and gas vessel operators say the Transportation Worker Identification Card, coming atop a restructuring of the Coast Guard's licensing and documentation system, could make it hard to hire and keep mariners. Shull Autin, chief...

Eller loses DP World challenge.(Dubai Ports World, Eller and Co.)(Brief article)
July 31, 2006... Eller Loses DP World Challenge: A Miami-Dade County Circuit Court ruled that this year's sale of P&O Ports to DP World did not violate contracts between partners at Port of Miami Terminal Operating Co. In making the decision, Judge Jon Gordon...

OOIL may sell terminals.(Orient Overseas International Ltd., TSI Terminal Systems)(Brief article)
July 31, 2006... OOIL May Sell Terminals: Orient Overseas (International) Ltd., the Hong Kong-based parent of Orient Overseas Container Line, is considering the sale of its terminal division. The company said it has hired UBS Investment Bank to advise on the...

Alliances add all-water service.(THE WEEK)
July 31, 2006... Alliances Add All-Water Service: Member lines of the Grand Alliance and the New World Alliance will cooperate in the Asia-U.S. East Coast all-water trade with a new service via the Panama Canal. The two alliances already cooperate in the...

Committee pushes changes to TWIC.(Transportation Worker Identification Credential, National Maritime Security Advisory Committee)(Brief article)
July 31, 2006... Committee Pushes Changes To TWIC: The National Maritime Security Advisory Committee, said the Transportation Security Administration and U.S. Coast Guard should address potential technological and procedural problems before fully implementing...

Customs expands e-manifest system.(Automated Commercial Environment)(Brief article)
July 31, 2006... Customs Expands E-Manifest System: Customs and Border Protection announced that it is adding two major bridge crossings at Buffalo, N.Y., to the Automated Commercial Environment electronic truck manifest system. The two bridges are the Peace...

Los Angeles gets EPA grant.(Port of Los Angeles, Environmental Protection Agency )(Brief article)
July 31, 2006... Los Angeles Gets EPA Grant: The Port of Los Angeles, the nation's busiest container port, has received a $250,000 grant from the Environmental Protection Agency to help monitor air quality. The money will be used for the port's ongoing...

BNSF earnings jump.(THE WEEK)
July 31, 2006... BNSF Earnings Jump: Burlington Northern Santa Fe Corp., boosted by strong intermodal business from its BNSF Railway unit, posted a 28 percent jump in second-quarter profit. The company said it earned $470 million, compared with $366 million a...

Two years and counting: West Coast employers are looking ahead to 2008 ILWU contract negotiations.(International Longshore and Warehouse Union, Pacific Maritime Association)
July 31, 2006... West Coast marine terminals have used hard-won provisions in their current longshore labor contract to implement technology that has enabled them to handle peak-season traffic with minimal congestion. Now they're starting to think about the...

Pedal to the metal: mergers and acquisitions dominate as global port operators race to keep up with demand.(SPECIAL REPORT: WORLD'S TOP CONTAINER PORTS)
July 31, 2006... And then there were four. After a year of merger and acquisition activity that reshuffled the ranks of global terminal operators, four companies have become the dominant players. With lots of capital behind them and prominent holdings in...

The JoC top 50 world container ports: 2005 vs. 2004, in millions of TEUs.(SPECIAL REPORT: WORLD'S TOP CONTAINER PORTS)(Statistical table)
July 31, 2006... The JoC Top 50 World Container Ports 2005 vs. 2004, in millions of TEUs Rank Port Country Website 1 Singapore (1) Singapore www.jp.com.sg; ...

Radiation: terminals discuss response to ILA order for members to avoid VACIS radiation scanners.(International Longshoremen's Association)
July 31, 2006... Terminal operators on the East and Gulf coasts are starting to experiment with different ways of handling import containers after an International Longshoremen's Association directive that its members should no longer drive containers through...

Four years late: ports and shipping interests are eager for congressional approval of Water Resources Development Act.(Port of Jacksonville)
July 31, 2006... In the next few weeks, the Port of Jacksonville and its allies will be working feverishly, says Eric Green, the port authority's senior director of government and external affairs. The version of the Water Resources Development Act that...

Slow go on the mighty mo: drought halts barge traffic on Missouri River.(INLAND WATERWAYS)(Brief article)
July 31, 2006... A drought on the Missouri River is leaving barge shippers high and dry, halting shipments and grounding projects tied to the waterway's transport. The Army Corps of Engineers said the river effectively has been closed to most barges...

Fueling the dragon: China scrambles to secure energy supplies to keep up with industrial growth.(SPECIAL REPORT: DOING BUSINESS IN ASIA)
July 31, 2006... The numbers speak for themselves: China's need for energy is projected to increase 150 percent by 2020. The country, which has grown rapidly to become the world's largest manufacturer, requires increasing amounts of oil to sustain its huge...

A handcrafted strategy: how a small lumber company has profited from China's fast-growing furniture sector.(Catawissa Lumber and Specialty Company Inc.)(Company overview)
July 31, 2006... Catawissa Lumber & Specialty Co. had survived nearly five decades, competing in a tough industry. But nothing in its lengthy history had quite prepared the company for China's rising presence in world markets for high-quality lumber and wood...

More than price: Hong Kong touts its role as a global logistics center.(SPECIAL REPORT: DOING BUSINESS IN ASIA)
July 31, 2006... Cost isn't everything, says Jacqueline Willis, Hong Kong's top U.S. representative. She says Hong Kong isn't the cheapest place for logistics services, but that there are offsetting benefits. "Hong Kong's prices may be a shade higher...

Strait talk: direct cargo flight ushers in a new era between China and Taiwan, but will it last?(China Airlines Company Ltd.)
July 31, 2006... By any other measure, it would be utterly routine: a charter cargo flight between two nations. But when a Boeing 747400 operated by Taiwan's China Airlines landed at Shanghai's Pudong International Airport last week, it was historic. The...

Carmack or Cogsa? U.S. appeals court muddies the water over cargo liability limits.(CARGO LIABILITY)
July 31, 2006... A federal appeals court in New York has handed down a decision in a case that may reopen the question of whether the liability limits under the Carriage of Goods by Sea Act may be extended to inland carriers operating under an ocean carrier's...

Make it happen: volumes may have declined in the express business, but the demands of the job have not.(AIR CARGO)
July 31, 2006... Pray hard that you never have a customer like Miranda Priestly, the tyrannical, demanding editor-in-chief of the New York fashion bible Runway Magazine, portrayed by Meryl Streep in the 20th Century Fox summer hit, "The Devil Wears Prada."...

You're on your own.(transportation system)
July 31, 2006... All of a sudden, it seems the country is discovering that the transportation system is congested. This should come as no surprise to anyone who travels or ships cargo. If you have had the misfortune to have a flight canceled recently,...

Air cargo.(Brief article)
July 31, 2006... AIR CARGO Traffic and capacity International scheduled services Percent change from same month previous year [GRAPHIC OMITTED] International freight Freight ton-kilometers Percent change by carrier, grouped by...

Mainland China container ports.(Statistical table)(Brief article)
July 31, 2006... MAINLAND CHINA CONTAINER PORTS China's top 10 container ports each handled more than 1 million TEUs last year. Together, they accounted for nearly 84 percent of mainland China's total 2005 throughput of 75.64 million TEUs. In...

Containerized ocean trade.(shipping industry)(Statistical table)
July 31, 2006... CONTAINERIZED OCEAN TRADE In TEUs Loaded containers only January-Current month Current Imports month 2006 2005 % change ...

U.S. foreign trade.(BY THE NUMBERS)(Statistical table)
July 31, 2006... U.S. FOREIGN TRADE In millions of dollars, via all modes of transportation to/from the U.S. January-May Imports 2006 2005 % change Total ...

Rail cargo.(Statistical table)(Brief article)
July 31, 2006... RAIL CARGO Weeks 1-28 ending July 15, 2006 Loadings, in Units 2006 2005 % change Intermodal-total 6,469,727 6,079,306 6.4% Trailers ...

JoC-ECRI Industrial Price Index.(Journal of Commerce--Economic Cycle Research Institute)(Brief article)
July 31, 2006... The Journal of Commerce--Economic Cycle Research Institute Industrial Price Index (JoC-ECRI IPI) is a leading indicator of inflation rates. The index is based on prices of a broad assortment of raw materials used in industrial production. The...

Shippers hold the cards.(trucking)
July 31, 2006... While there are several issues contributing to today's high shipping costs, some of the most significant and preventable causes include motor carrier inefficiencies and high driver turnover rates, particularly within the truckload segment....

With Don Snyder Port of Long Beach.(Interview)
July 31, 2006... Don Snyder is director of trade and maritime services at the Port of Long Beach. He has 28 years of experience in the transportation industry, including executive positions with ocean carriers and shippers. Snyder was manager of import-export...

Avoiding a meltdown.(Transportation Worker Identification Credential issued by National Maritime Security Advisory Committee)
July 31, 2006... "TWIC must be implemented right the first time" --Draft recommendations regarding the Transportation Worker Identification Credential issued on July 25 by the National Maritime Security Advisory Committee. It would be hard to find a...

Ragged edge.(cargo volume)
July 24, 2006... How much does cargo volume jump during the annual peak season for containerized imports? Here are some statistics: Last year's peak month volume at Long Beach (313,460 TEUs in September) was 6.5 percent higher than the port's...

Changing COAC issues call for new members.(Commercial Operations of Customs and Border Protection)(Brief article)
July 24, 2006... Customs has called for volunteers to serve two years on the committee with the too-cumbersome name, the Departmental Advisory Committee on Commercial Operations of Customs and Border Protection and Related Homeland Security Functions, which...

Maritime academy pursues alternative energy.(Massachusetts Maritime Academy)(Brief article)
July 24, 2006... The Massachusetts Maritime Academy is going green. Last April, the MMA campus on the shore of Buzzards Bay became home to the first wind-powered generator in the Cape Cod region. The unit cranks out 660 kilowatts that will be used for power...

On-dock rail use increases in Southern California.(Burlington Northern Santa Fe Corp., Union Pacific Railroad Co.)(Brief article)
July 24, 2006... Union Pacific Railroad and BNSF Railway have been encouraging marine terminal operators in Los Angeles-Long Beach to handle more intermodal cargo at on-dock railyards, and their efforts appear to be paying off. In the first five months of...

New tank cars could make hazmat shipments safer.(RADAR SCREEN)
July 24, 2006... An industry task force is working on what it's calling the next big step in railroad tank car design for hazardous chemicals, especially chlorine and anhydrous ammonia. Dow Chemical, Union Pacific and Union Tank Car Co. hope to borrow...

Results of the JoC pulse.
July 24, 2006... Results of the JoC Pulse Which is most important for container ships? Capacity 33% Speed 29% Fleet size 20% Age 18%

DP World's Bilkey dead at 72.(Edward Bilkey of Dubai Ports World)(Obituary)(Brief article)
July 24, 2006... DP World's Bilkey Dead At 72: Edward Bilkey, chief operating officer of DP World, died July 14 in his sleep during a business trip to Caucedo, Dominican Republic. He was 72. DP World turned to Bilkey to defend its acquisition of Britain's P&O...

New bridge proposed at Detroit.(Detroit International Bridge Co.)(Brief article)
July 24, 2006... New Bridge Proposed At Detroit: Detroit International Bridge Co., owner of the Ambassador Bridge at Detroit, has filed applications with state and federal agencies to build a bridge that would quadruple the number of lanes across the Detroit...

Marseilles to expand box terminal.(Port of Fos sur Mer)(Brief article)
July 24, 2006... Marseilles To Expand Box Terminal: The Port of Marseilles will start construction next month on a $530 million project that will more than triple the capacity of the port's main container-handling capacity. The project is designed to capture...

ABP shareholders OK sale.(Associated British Ports Holdings PLC)(Brief article)
July 24, 2006... ABP Shareholders OK Sale: Associated British Ports Holdings said its shareholders voted to approve the proposed $4.6 billion takeover of Britain's largest terminal operator by a consortium led by U.S. investment bank Goldman Sachs. The cash...

Vancouver area ports discuss merger.(Port of Vancouver)(Brief article)
July 24, 2006... Vancouver Area Ports Discuss Merger: Talks have begun to create a single port entity that would encompass the ports of Vancourer, Fraser River and North Fraser. The chairmen of the ports met this month to begin the process and will seek a...

Court upholds Vancouver truck licensing.(Port of Vancouver)(Brief article)
July 24, 2006... Court Upholds Vancouver Truck Licensing: A federal court in Canada has upheld the Vancouver Port Authority's power to license trucking firms and require they sign an agreement covering rates paid to independent harbor drivers. The federal...

Master plan for port everglades.(Port Everglades Authority signed DMJM Harris)(Brief article)
July 24, 2006... Master Plan For Port Everglades: Port Everglades at Fort Lauderdale, Fla., has retained DMJM Harris, a New York engineering consulting firm, to prepare a five-year master plan. The firm also will develop 10- and 20-year plans. The port's last...

Peaks to climb: changes in supply chains have altered traditional patterns for containerized imports from Asia.(SPECIAL REPORT: CONTAINER SHIPPING)
July 24, 2006... The warnings are out: Peak season is approaching. The annual busy period for containerized imports will arrive in full force during August and will continue well into the fall. September and October have traditionally been the busiest...

Shakeout: consolidation gives Top 50 a makeover.(shipping)
July 24, 2006... Like the rank and file of a regiment of marching soldiers taking a sharp turn in direction, The Journal of Commerce's quarterly rankings of the Top 50 container lines have fallen into their new order as the effects of the...

Top 50 container lines: imports, first-quarter 2006 vs. first-quarter 2005, in TEUs: rankings of container carriers in U.S. import trade lanes.(SPECIAL REPORT: CONTAINER SHIPPING)(Statistical table)
July 24, 2006... Top 50 Container Lines Carrier Imports Website Jan-March Rank World, U.S. Headquarters Market Share 2006 1...

Top 50 container lines: exports, first-quarter 2006 vs. first-quarter 2005, in TEUs: rankings of container carriers in U.S. export trade lanes.(SPECIAL REPORT: CONTAINER SHIPPING)(Statistical table)
July 24, 2006... Top 50 Container Lines Carrier Exports Website Jan-March Rank World, U.S. Headquarters Market Share 2006 1...

Oiling the trade machine: U.S. International Trade Commission may study the costs, benefits of customs modernization.(INTERNATIONAL TRADE)
July 24, 2006... Officials from two of the world's trading powers made an unexpected endorsement of trade facilitation. "If the multilateral trading system is the engine room of the global economy, then trade-facilitation rules are the oil in the machine,"...

Cha-ching! Privately operated toll roads gain ground despite opposition.(INTERMODAL)
July 24, 2006... With the interstate highway system marking its 50th anniversary, debate is raging over how to expand the system. Should it be done the old-fashioned way, using gasoline taxes and user fees, or by letting private companies own the roads and...

Not in my backyard: railroads, shippers resist efforts by cities to require rerouting of hazmat shipments.(railroads)
July 24, 2006... This is scary stuff: tank cars rolling through Washington, just blocks from the Capitol dome. Or it could be downtown Atlanta, Los Angeles, Philadelphia or St. Louis. The TV images don't need much narration to drive home the notion that...

Where is customer service?(shipping industry)
July 24, 2006... About three months ago, a former business colleague e-mailed me with the usual "let's catch up with each other," and noted that his firm had been having problems obtaining accurate and timely information and documentation from ocean carriers....

United studies freighter market: airline's president says all-cargo flights are 'definitely a possibility'.(Scott Dolan, United Air Lines Inc.)
July 24, 2006... United Airlines is on a pace to have its strongest year in air cargo since 2000, but United Cargo President Scott Dolan is looking at ways to make an even bigger splash in the cargo market. For the first time in years, Dolan says, United is...

WMS, off the shelf: warehouse-management systems vary widely and are changing fast.
July 24, 2006... As third-party operators of warehouses face growing pressure to upgrade their technology, they're increasing their investment--and, in many cases, developing their own warehouse-management systems. "If you're going to do any warehousing,...

Survivors: Roger Kavanagh and Intermarine have weathered difficult times since Hurricane Katrina.(BREAKBULK SHIPPING)(Company overview)
July 24, 2006... A year ago, Roger Kavanagh was at the top of his game. Intermarine, the project-cargo carrier he had founded 15 years earlier, was thriving. The company had earned recognition as an innovative carrier with a modern fleet and a skilled,...

Air cargo.(traffic and capacity)(Brief article)
July 24, 2006... Traffic and capacity International scheduled services Percent change from same month previous year [GRAPHIC OMITTED] International freight Freight ton-kilometers Percent change by carrier, grouped by carriers' base of...

Spotlight: 3PLS in 2010.(third party logistics)(Brief article)
July 24, 2006... Datamonitor forecasts: * Global spending on 3PL services to rise nearly 50 percent from $222 billion in 2005 to $326 billion in 2010. * The European Union 17 will remain the largest regional user of 3PL services. * Fastest...

JOC-ECRI industrial price index.(Journal of Commerce--Economic Cycle Research Institute)(Brief article)
July 24, 2006... The Journal of Commerce--Economic Cycle Research Institute Industrial Price Index (JoC-ECRI IPI) is a leading indicator of inflation rates. The index is based on prices of a broad assortment of raw materials used in industrial production. The...

Containerized ocean trade.(Statistical table)
July 24, 2006... CONTAINERIZED OCEAN TRADE In TEUs Loaded containers only January-Current month Current Imports month 2006 2005...

U.S. foreign trade.(Statistical table)
July 24, 2006... U.S. FOREIGN TRADE In millions of dollars, via all modes of transportation to/from the U.S. January-May Imports 2006 2005 % change Total ...

Rail cargo.(Statistical table)(Brief article)
July 24, 2006... RAIL CARGO Weeks 1-27 ending July 8, 2006 Loadings, in Units 2006 2005 % change Intermodal-total 6,223,613 5,852,726 6.3% Trailers ...

Forwarders and WMD.(weapons of mass destruction)
July 24, 2006... One of the highest priorities in the war against terror is opposing the proliferation of weapons of mass destruction. Freight forwarders play a key role in ensuring the security of the global supply chain, stemming the flow of illegal exports...

With Brooks Royster III Maryland Port Administration.(Interview)
July 24, 2006... Brooks Royster was appointed executive director of the Maryland Port Administration in May 2005. A 35-year veteran of the maritime industry, he came to Baltimore from the Port of Miami, where he was executive officer of the Port of Miami...

A turnaround worth noting.(Descartes Systems Group Inc.)
July 24, 2006... Two years ago, the logistics software and electronic messaging network Descartes was in a deep funk. An aggressive acquisition and expansion strategy had left the company with bloated costs, a muddled strategy and lackluster revenue. As 20...

The cost of ignorance.
July 17, 2006... If there were a PR Hall of Fame, it would include a prominent plaque for the whiz who dreamed up the idea of sending Brad Pitt and Angelina Jolie to Namibia--a stunt that generated endless coverage, plus 4 million bucks for a baby picture....

ILWU plans 'March Inland' organizing drive.(RADAR SCREEN)(International Longshore and Warehouse Union)(Brief article)
July 17, 2006... Soon after its founding in the 1930s, the International Longshore and Warehouse Union launched a major "March Inland" campaign to organize workers in off-dock warehouses. At the union's recent convention, outgoing ILWU President James Spinosa...

Supply-chain security: How much does it cost?(RADAR SCREEN)(Brief article)
July 17, 2006... The International Trade Advisory Committee on customs and trade facilitation wants the U.S. International Trade Commission to provide a firm answer for a nagging slippery question: How much does supply-chain security really cost the...

Five 8,000-TEU services now calling at Long Beach.(RADAR SCREEN)(Brief article)
July 17, 2006... The Port of Long Beach has five weekly services with 8,000-TEU class vessels now that China Shipping Container Line is upgrading the size of the vessels on its service from Korea and South China. China Shipping is phasing five 8,500-TEU ships...

Note to readers.(RADAR SCREEN)(Correction notice)
July 17, 2006... The photographs of FMC Chairman Steven Blust on last week's cover and cover story were taken by Jay Mallin, a Washington-based photographer. His credit line was inadvertently omitted from the magazine.

Results of the JoC pulse.(Journal of Commerce)(Brief article)
July 17, 2006... Results of the JoC Pulse How will your company's 2006 profit compare to 2005? Big gain 15% Modest gain 42% Flat 17% Modest loss 14% Big loss 12%

Six companies bid for Rotterdam terminal.(THE WEEK)(Brief article)
July 17, 2006... Six Companies Bid For Rotterdam Terminal: The Port of Rotterdam said six companies are involved in bids to operate a new container terminal that will have capacity of 3.5 million TEUs a year, The port expects to name the winning bidder for...

Ozburn-Hessey acquires Barthco, others.(THE WEEK)(Ozburn-Hessey Logistics, Barthco International, Freightek Inc., Turbo Logistics)(Brief article)
July 17, 2006... Ozburn-Hessey Acquires Barthco, Others: Ozburn-Hessey Logistics has acquired Barthco International, Freightek Inc. and Turbo Logistics. Barthco provides international freight forwarding and customs brokerage, Freightek offers trade software...

BDP founder dies at 72.(THE WEEK)(Richard J. Bolte Sr., BDP International Inc.)(Obituary)(Brief article)
July 17, 2006... BDP Founder Dies At 72: Richard J. Bolte Sr.. founder and chief executive of BDP International, died on July 5 of an infection following an illness. Bolte, 72, of Moorestown, N.J., founded the global logistics and transportation management...

Mineta joins PR firm.(THE WEEK)
July 17, 2006... Mineta Joins PR Firm: Former Transportation Secretary Norman Mineta has joined the public relations firm Hill & Knowlton as vice chairman, effective July 24. Mineta resigned as transportation secretary on June 23. Based in Washington, Mineta...

Charter rates jump.(THE WEEK)(Brief article)
July 17, 2006... Charter Rates Jump: Container ship charter rates have risen to six-month highs, defying earlier forecasts, as surging traffic on key routes encourages carriers to snap up capacity for the peak season. The unexpectedly strong growth in cargo...

Hatsu adds two ships.(THE WEEK)(Hatsu Marine Ltd.)(Brief article)
July 17, 2006... Hatsu Adds Two Ships: Hatsu Marine Ltd. has added two post-Panamax ships to its fleet. The 8,063-TEU Hatsu Crystal was phased into parent Evergreen Group's CEM China-Europe service, whose space is divided among Evergreen, Italia Marittima and...

Short-sea talk outpaces action.(THE WEEK)(Short Sea Shipping Cooperative Program)(Brief article)
July 17, 2006... Short-Sea Talk Outpaces Action: Short-sea shipping is still an untested idea, and members of the Ship Operations Cooperative Program found that some of the would-be industry's most dedicated advocates are growing impatient. "Our cheerleading...

Backlash? What Backlash? U.S. exports to the Middle East continue to rise despite Dubai ports fiasco, other political conflicts.(SPECIAL REPORT: DOING BUSINESS IN THE MIDDLE EAST)(Cover story)
July 17, 2006... Boeing Co. this month announced it had arranged financing for two planes valued at $261 million to Emirates Airlines, which is owned by the government of Dubai. The deal was the latest in a long string of aircraft sales to Emirates, which...

No backing down: the setback DP World suffered in the U.S. hasn't slowed its global growth.(Dubai Ports World)
July 17, 2006... DP World is on a roll. Shrugging off the setback it suffered last spring at the hands of U.S. politicians, the Dubai-based terminal operator is chugging ahead, winning new concessions and snapping up port acquisitions around the globe. ...