Trump Rules Out Swift NAFTA Exit in Favour of Renegotiation
Apr 28 2017

President Donald Trump won't immediately terminate U.S. participation in the North American Free Trade Agreement, the White House said on Wednesday, after he spoke with the leaders of Mexico and Canada about ways to renegotiate the accord.   "President Trump agreed not to terminate NAFTA at this time and the leaders agreed to proceed swiftly, according to their required internal pr...
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Why China is Building a New Silk Road
Apr 28 2017

The World Economic Forum has released a video on China's new silk route , commonly referred to as "One Belt One Road" (OBOR).   The route has been in the news a lot lately as the first-ever UK-to-China export train departed on April 10, three months after the first container train travelling between China and the UK arrived in London.   But what does it mean, what a...
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Severe Congestion at Shanghai Port Continues
Apr 24 2017

The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. More than 100 container vessels are now waiting outside the port.   The fog started in early April and the congestion has recently ...
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Problems with Tugs and Infrastructure Hobble New Panama Canal Locks, says Masters, Mates & Pilots
Apr 24 2017

Larger ships, known as Neopanamax, were expected to visit ports on the Eastern Seaboard this year, bringing shipping containers from Asia through an expanded Panama Canal. But due to insufficient operational resources within the Panama Canal, far fewer ships than expected have made the passage.   The $9.4 billion investment by the Panama Canal Authority in a third set of locks was supposed ...
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Initially Preferred Routes for Revolutionary Freight and Passenger Transport System Revealed
Apr 24 2017

Hyperloop One, the potentially revolutionary new transportation mode now under development, has completed a year-long consultation to examine and define routes that would most benefit the U.S. economy and its citizens, in what the company believes will be the first step in revolutionizing American, and indeed the world's, transportation infrastructure. Proposals were made by local stakeholders and...
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