What History Can Explain About Greek CrisisPittsburgh Post GazetteA more recent example is Panama, which like Greece is a big state employer and adopted the dollar as its currency in 1904. When four US banks froze Panamanian government assets in 1988, and refused to pay the annual payment for the Panama canal, ...and more »
22 May 2012 | 10:09 am
Furniture Today'Mega vessels' likely to boost capacity, stabilize freight ratesFurniture TodaySeveral panelists said they were skeptical of the potential impact the widened Panama Canal, which is scheduled to open in 2014, will have on products imported from the Asia. Wolfe, for example, said Norfolk, Va., is the only East Coast port that ...
21 May 2012 | 7:23 am
Home and Away (registration)Innovative Restaurants, Christian Tours, New MusicalHome and Away (registration)The repositioning of two Carnival Cruise Line ships in 2013 will provide the opportunity for a number of voyages to South America and the Panama Canal. Carnival Splendor will offer three South American cruises in February and March.
16 May 2012 | 12:29 pm
Fuel costs push freight costs higherFood Business News (registration)Diesel fuel prices have eased 2% since mid-April and were down 1% from a year-ago but still were contributing to multi-year high rail and truck fuel surcharges gradually reflecting the peaking energy prices. Meanwhile, overall rail and truck tonnage ...
15 May 2012 | 10:09 pm
Hindu Business LineAsia-US box freight set to increase by $600 from June 10 on peak season surchargeHindu Business LineThis is due to a peak season surcharge imposed by shipping lines operating in the sector to be effective from June 10. The lines, which are part of the Transpacific Stabilisation Agreement, said that the Asia-US container shipping lines see a strong ...and more »
9 May 2012 | 9:04 pm