The charges for 2018 will thus be on the same level as 2015. “By doing so, we are seeking to boost growth in industry, shipping and port operations. At the same time, we want to be part of the effort to curb rising logistics costs for our stakeholders,” said Magnus Kårestedt, Gothenburg Port Authority Chief Executive.
According to Kårestedt, the company has managed to avoid the need for tariff increases through good cost control. Hopefully this will inspire other companies and organisations involved in logistics operations to review their charges.Read more
“In 2014 alone, America’s major freight railroads supported 1.5 million jobs, $274 billion in economic output, and $88 billion in wages,” said Hamberger. “It’s in the nation’s best interest that the benefits of freight rail continue to accrue, but that can’t happen unless rail infrastructure is up to the task. That only happens when railroads can reinvest in their networks.”Read more
In comparison with this same period last year, exports of pulp rose 4.9%, wood panels 30.4%, and paper 0.6%. This performance led to growth in the production of pulp and paper, on the order of 3.6% and 0.4%, respectively. For wood panels, the good news is that the domestic market for this product is beginning to thaw, with sales 1% higher than during the same period in 2016.Read more
This new terminal will allow UPM Raflatac to improve its service capabilities and offer an expanded range of paper and film products to customers in the Chilean market, particularly in the wine and craft beverage segments.Read more
The mill was inaugurated by the President of Finland, Sauli Niinistö. With a cost of EUR 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry. It will produce pulp and a wide selection of other bioproducts. The decision to implement the mill project was based on the increasing global demand for these products.Read more
OAKLAND, CA, Oct. 7, 2017 (RISI) -The Port of New Orleans said Friday that terminal operations were continuing as normal as officials monitor Hurricane Nate, expected to make landfall in the north Gulf Coast region on Saturday night as a Category 2 storm.
The port said the mouth of the Mississippi River was closed to all inbound and outbound traffic. Port officials were monitoring National Weather Service advisories and coordinating with all deep-draft ports, US Army Corps of Engineers, US Coast Guard, pilot associations, and industry stakeholders.Read more
WASHINGTON, DC, Oct. 4, 2017 (Press Release) -Testifying before the House Transportation and Infrastructure Rail Subcommittee today Edward R. Hamberger, president and CEO of the Association of American Railroads (AAR), made the case for policies that encourage sustained private investment in the country’s rail network so freight rail can continue supporting the U.S. economy.Read more