Transportation Happenings – September 18, 2017

The following “Transportation Happenings” occurred during the past week that you may find of interest:
1. The Chairman of the FMC stated at a recent Conference that his Commission is very closely monitoring the mergers of Carriers and also, the Alliance of Carriers. (We welcome this news in light of our earlier shared perspective that there are landside issues created by these mergers that warrant more attention).
2. The Jones Act continues to be suspended so that petroleum ships of other than U. S Flagged vessels have the ability to move fuel between two U. S. Ports.
3. Generally speaking, all Container Carriers are back in the “black” for the second quarter of 2017.
4. We draw to your attention an interesting comment by (attached) by a highly recognized shipping council member, stating that he expects the Container Fleet Size to be manageable in 2017 and 2018. Interesting, given the reality of more than 70 megaships to be introduced in this time period. Let’s keep an eye on impacts.
5. A California U. S. Congressman is about to introduce a Bill to slow ships speeds in the approaches to Southern California ports in order to protect the whales.
6. The Ports of LA/LB, Oakland, SEA/TAC, NY/NJ, Hampton Roads, Charleston, Savannah, Port Everglades, Miami and Houston all had record July 2017 volumes, which should translate to increased volume for trucks hauling those goods.