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Infrastructure in the News 9.1.16

BAF in the News

After The Closing Ceremony: Rio’s Sustainable Olympic Legacy

(co-written by Mayor Bloomberg) As the historic 2016 Olympic Games draw to a close in Rio de Janeiro, we commend C40 Chair, Mayor of Rio de Janeiro Eduardo Paes not only for a successful world-class event, but also for investing in and developing legacy Olympic projects that will benefit the city and its inhabitants in the long-term.


Yahoo! News: Let’s talk infrastructure, since Clinton won’t

It’s been a momentous week in politics, what with a former congressman sending more lewd pictures of himself, and Donald Trump invading Mexico, and Rick Perry joining Ryan Lochte on the cast of “Dancing With the Stars,” because apparently his balky back is now completely healed but his dignity is fractured in too many places to count.

The Hill: Hillary Clinton is right on infrastructure, but more is needed

Secretary Clinton published a plan to rebuild America’s infrastructure earlier this year, and is now making infrastructure investments a key part of her economic pitch to the American people. Her plan focuses on key needs like road and bridge repair, investing in public transit, increasing freight rail capacity, renovating airports and the air traffic control system, increasing broadband access, upgrading water and sewer systems, and modernizing the nation’s antiquated power grid.

Wall Street Journal: Hanjin Move Likely to Raise Shipping Rates for U.S. Firms (full article follows clips)

Up and down the West Coast, freight businesses were scrambling Wednesday in the wake of news that Hanjin Shipping Co. of South Korea had filed for receivership.

MIT Technology Review: Fully Autonomous Cars Are Unlikely, Says America’s Top Transportation Safety Official

Auto accidents kill more than 33,000 Americans each year, more than homicide or prescription drug overdoses. Companies working on self-driving cars, such as Alphabet and Ford, say their technology can slash that number by removing human liabilities such as texting, drunkenness, and fatigue. But Christopher Hart, chairman of the National Transportation Safety Board, says his agency’s experience investigating accidents involving autopilot systems used in trains and planes suggests that humans can’t be fully removed from control.

Forbes: Can this Startup Transform the Truckload Freight Market?

One of the reasons ARC did a study on the transportation execution solutions market was because of the venture capital flowing into that market. While I expect healthy growth in that market, I did not expect the new startups working to establish freight marketplaces to be a substantial contributor to that growth.

Washington Post: Historic commercial flight from US lands in Cuba

The first commercial flight between the United States and Cuba in more than a half century landed in the central city of Santa Clara on Wednesday morning, re-establishing regular air service severed at the height of the Cold War.


News 12 (NJ): Senate President Sweeney: Still no deal on transportation trust fund

New Jersey Senate President Steve Sweeney says that although negotiations are continuing, there is still no deal to replenish the transportation trust fund.

South Florida Business Journal: Florida recognized for excellence in transportation infrastructure

Florida drivers are the worst in the nation, and their blunders regularly go unpunished— but transportation infrastructure statewide is excellent, concluded an assessment of transportation projects across the country.

The Island Packet (SC): [State] Sen. Tom Davis says these 4 infrastructure projects are top priorities

“Things are about to explode.” That’s how Sen. Tom Davis described Beaufort County’s economic and population outlook over the next decade.

Washington Post: Officials push for new Metro tunnel, American Legion Bridge fixes — but have no way to pay

Top Northern Virginia elected officials on Wednesday called for urgent action to build two major transportation projects to deal with the region’s congestion, but both proposals face obstacles likely to cause years of delay.

Tampa Bay Times: Exotic ideas like monorail may help solve Hillsborough transportation woes

Um, politicians? Yeah, I'm talking to you. I hope you were paying attention Tuesday during the election primaries because voters screamed they have had enough. You, dear elected officials, are on the clock to boldly go where no county commission here has gone before.

Idaho Press: Caldwell Chamber urges transportation improvements

The Caldwell Chamber of Commerce and its members have identified the following issues as those of concern for the businesses that it represents. Consistent with this policy agenda, we urge city officials to act on pertinent issues in a fashion that promotes and sustains Idaho’s business community.

InsideNOVA: Northern Virginia leaders want transportation upgrades

Top elected officials in Northern Virginia concur on the region’s most pressing issues, but have differing – sometimes quite divergent – views on how to tackle them.

Hanjin Move Likely to Raise Shipping Rates for U.S. Firms

Up and down the West Coast, freight businesses were scrambling Wednesday in the wake of news that Hanjin Shipping Co. of South Korea had filed for receivership.

As port terminals from Long Beach, Calif., to Seattle turned away outbound containers destined for Hanjin ships, cargo businesses were rushing to rebook shipments on other ocean carriers. That involves the extra work of shuttling the cargo on trucks, then unloading and repacking it into the new carriers’ containers.

“There’s going to be exorbitant costs,” said Peter Schneider, vice president of T.G.S. Transportation Inc. in California. He said he offered to help customers rebook their Hanjin shipments and is waiting to hear back. “Everything is unraveling,” he said.

On trans-Pacific routes, Hanjin accounts for about 7% of cargo traffic, according to an industry source. Canceling that capacity, however small a portion of U.S.-Asia trade, will force hasty adjustments and raise shipping rates for many U.S. retailers and manufacturers.

Mr. Schneider said his company has about $6,000 to $7,000 in outstanding bills to Hanjin, which he’ll likely write off, but other trucking companies could be harder hit. Smaller companies that “had all their eggs in one basket with Hanjin—they may go under."

Meanwhile, two Hanjin ships scheduled to arrive Wednesday at the nation’s two largest ports, Los Angeles and Long Beach, Calif., canceled their plans to berth and were drifting off the coast, their contents—bound for retail shelves, factories and warehouses—marooned indefinitely.

A spokesman for the National Retail Federation on Wednesday afternoon said he was beginning to hear from member companies, but they didn’t know what would happen to the goods packed in containers on Hanjin’s inbound vessels.

Several freight businesses in recent weeks said their customers—retailers and manufacturers with big import orders—chose to send their goods via other ocean carriers, shifting shipments away from both Hanjin and Hyundai Merchant Marine Co. as the Korean carriers’ financial conditions worsened.

Kip Louttit, executive director of the Marine Exchange of Southern California, which keeps tabs on vessels and directs ship traffic, said the two ships would owe fees to the exchange if they came within 20 miles of the port, “but whether we get paid or not will depend on how the firm handles its bankruptcy or emerges from bankruptcy or whatever.”