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Completely useless but fun...
Cornerstone President Tim Clay climbed Mount Rainier. But what do we know about this mountain?
Answer:
Mount Rainier, located 54 miles southeast of Seattle, WA, is the 5th oldest park in the National Park System. At 14, 411 feet, it is the highest mountain in Washington and the Cascade range, and the most heavily glaciated peak in the lower 48 states.
Share your useless trivia
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Greetings!
Industry updates are important to all of us. If you would like to receive an update on a topic not listed in this issue or receive more information on Cornerstone Systems, please contact us at 800-278-7677 or visit our website at www.cornerstone-systems.com.
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Has Peak Season Already Passed?
Container Shipping Growth Rates Remain High But Analysts Predict Drop
 August through October typically marks the highest shipping annual point, with volumes reflecting the U.S. import of goods to stock store shelves for the holidays. This year, however, it looks as if the peak may have passed before it even arrived. A growing field of research analysts, industry observers and even shipping executives is predicting a slowdown in growth deeper into the year after a strong rebound in shipping volume in the second quarter. The first half of the year has been one of double-digit growth for cargo, as retailers finally restocked shelves and shippers, nervous about potential capacity shortages, decided to move their holiday season goods earlier than usual, shifting the annual peak shipping season to July. As August comes to a close, however, PIERS Global Intelligence Solutions, a sister company to The Journal of Commerce, expects year-to-year growth in container imports to cool from as estimated 17.6 percent rate in the second quarter to 7.8 percent in the third quarter and 1.4 percent in the fourth quarter. Unemployment, tight credit and underwater mortgages, will continue to hurt import volumes in the months ahead. |
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Transportation Industry News
Container Volume Up At California Ports, Port of Virginia Sees Container Growth, Mexico to Expand Tariffs in Unresolved Cross-Border Trucking Dispute with U.S., China Now 2nd Largest Economy Behind U.S.
Container volumes at California's ports increased in July over the same month last year, with imports leading the way. According to port statistics, imports in Los Angeles were up 21 percent. Imports increased 11.5 percent in Long Beach and 16.8 percent in Oakland compared to July 2009. Exports were up 5.9 percent in Los Angeles, 13.1 percent in Long Beach and 0.4 percent in Oakland. Total container volume, including imports, exports and empty containers, was up 26.8 percent in Los Angeles, 9.2 percent in Long Beach and 16.3 percent in Oakland. Empties were especially strong in Los Angeles, increasing 62 percent compared to July 2009, as carriers repositioned the empty containers to Asia in preparation for the peak-shipping season in the eastbound Pacific.
The Port of Virginia reported that July was its seventh consecutive month of positive TEU numbers relative to 2009. Last month, the port handled 153,994 TEUs, which marked an increase of 11,773 TEUs from the total seen in July 2009. Cargo was fairly evenly balanced: 51% exports, 49% imports. Traffic declined, however, from the level seen in June (160,701 TEUs). Breakbulk tonnage in July also saw growth over the recession-hit 2009 level, reaching 23,425 tons (up 3,885 tons). Through the end of July, the port said it has handled 1,089,708 TEUs, up from 974,223 for the same period last year. Breakbulk traffic has been weaker in 2010, down 2,643 tons in the first 7 months of the year.
The Mexican government plans to expand its list of U.S. goods targeted for higher tariffs, as part of its retaliation for the U.S. government's refusal to reopen the border to long-haul cross-border trucking. "The government of Mexico has renewed the list of U.S. goods subject to increased tariffs," according to a statement posted on the embassy's website. "The revised list will involve 99 U.S. products with a similar total export value to Mexico as the previous list." The Mexican government "has yet to receive a formal proposal for resolution of this dispute and an unequivocal signal that the U.S. government is working to eliminate the barriers that Mexican long haul carriers face to access the U.S. market," the statement said.
After three decades of spectacular growth, China has passed Japan to become the world's second-largest economy behind the United States, according to government figures released early Monday. For the April-to-June quarter Japan's GDP, unadjusted for price or seasonal factors, amounted to $1.286 trillion, compared to China's $1.335 trillion. Japan has been second to the US in GDP terms since it overtook Germany in 1968. Last year, China became the world's biggest exporter, overtaking Germany, and is already the largest manufacturer and buyer of cars on the planet.
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CS President Tim Clay Conquers Mount Rainier When He Says He Will Climb Mountain To Get Job Done, He Means It
Tim Clay, President (far left), and son Ian Clay (third from right, standing) gather with fellow climbers and guides on Mount Rainier.
 | The word "vacation" usually conjures up visions of lazily lounging on a beach or relaxing at home. When Cornerstone President Tim Clay vacations he tackles blistering weather of zero degrees, complete with ice, snow and yes, even a blizzard or two...and add in elevation up to 14, 411 feet!
Vacationing with his son Ian, Tim recently climbed Mount Rainier and had the time of his life. Training for months prior to the actual ascent, both Tim and Ian joined 5 fellow climbers and 4 experienced guides to conquer this very difficult mountain. Mount Rainier is classified as an active volcano, has 26 glaciers and can be very dangerous. Most climbers require 2-3 days to reach the summit. Climbing teams demand experience in glacier travel, self-rescue, and wilderness travel. Approximately 9,000 climbers attempt to reach the summit each year, and only about 4,700 succeed (at least they say so). About 3 deaths occur each year due to rock and ice fall, avalanche, falls, and hypothermia associated with severe weather. There is nothing trivial about Mount Rainier and this ascent was both a great adventure and accomplishment. Congratulations to both Tim and Ian!
Mount Rainier | |
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Barneye Ates Wins Quality Award
2010 Semi Annual CS Winner Announced
On July 20 Barneye Ates, Memphis, TN was named 2010 Semi-annual (January - June) Quality Winner for her quick-thinking "outside the box", consistent work ethic, and her ongoing volunteer efforts to step in and help out when assistance is needed.
Congratulations Barneye!
Barneye Ates |
Twelve individuals were nominated for Quality recognition between January and June and all should be applauded for their high level of dedication, commitment and hard work.
Nominees:
Barneye Ates - Memphis, TN (Winner)
(nominated 3 times)
Brandee Millington -Memphis, TN (nominated twice)
Matthew Bryan - Memphis, TN
Pat Haneghan - Memphis, TN
Janet Poole - Memphis, TN
Robert Acuff - Memphis, TN
Brenda Parsons - Memphis, TN
Denise Moore - Memphis, TN
John Van Nortwick - Memphis, TN
Susan Bauswell - Portsmouth, VA
Tara Harrell - Portsmouth, VA
Hazel Cross - S. San Francisco, CA
Barneye is now eligible, along with the 2nd Semi Annual (July-December) winner for the 2010 Cornerstone Employee of the Year Award which will be chosen by Senior Staff.
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Current Fuel Facts The Energy Information Administration reports U.S. On-Highway Diesel Fuel Prices (dollars per gallon) as follows:
8/16/10 Date Released
2.979 Average Retail Price
0.012 (Down) Change From Week Ago
0.327 (Up) Change From Year Ago
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