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GLOBAL FACTS!

Touring R.I. - Wickford Rail Service Begins April 23

 

Wickford RailCommuter rail service at the new Wickford Junction station in North Kingstown is scheduled to begin on April 23 with grand opening festivities kicked off by Transportation Secretary Ray LaHood.

 

Trains will run Monday through Friday from Wickford north to Warwick, Providence and Boston on the Massachusetts Bay Transportation Authority's Providence-Stoughton line.

 

The service will offer 20 trips a day and fares will vary depending on destination.

NY-NJ Ports Propose a Single Security Department

 

The Port Authority of New York and New Jersey are proposing several reforms in order to cut cuts and renovate the agency; one of which is to merge all the security functions into a new department. The U.S. Homeland Security Secretary Chertoff is recommending these new changes with the intention of bring the Port Authority up to date. The reform will include hiring a new chief security officer. Other reforms proposed are a reduction in employee salaries and an improved public information policy.

Improvements in IPR Enforcement Showing "Great Strides"

 

In a report issued by the Office of Intellectual Property Enforcement Coordinator (IPEC), the past 18 months have shown improvements on IPR enforcement efforts. With the implementation of 33 action items defined in the Joint Strategic Plan for Intellectual Property Enforcement, improvements have been seen in the areas of securing supply chains, pursuing sources of counterfeit and pirated goods and meeting the challenges posed by emerging criminal trends such as online sales of counterfeit pharmaceuticals, economic espionage and targeted theft of trade secrets. IPEC will encourage trade partners to enact similar measures to develop voluntary agreements that will result in reduction of infringement in their own international and domestic supply chains. In addition to reaching out to foreign trade partners, the U.S. will be working, on a voluntary basis, with U.S. companies from a variety of sectors to review their global supply chains to keep them free of pirated and counterfeit goods and reduce the risk of theft of trade secrets.copyright

 

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In This Issue
Touring Rhode Island
Security at NY/NY Ports
IPR Improvements
Ocean Pricing Increases

Ocean Pricing Increases

 

Maersk is proposing a rate increase effective May 1, 2012 to all cargo routed from East Asia to U.S. West Coast at $400/20', $500 /40', $565/HQ and $630/45' containers.  For shipments routing from the Far East Asia to U.S. East Coast ports increases are expected to be $560/20', $700/40', $790/HQ and $885/45' containers.

 

Hapag-Lloyd is also planning an increase for all cargo routing from India to the U.S. and Canada at $400/20', $500/40', $565/HQ and $635/45' containers.

 

APL proposes its third pricing increase since January on westbound traffic from Asia to Europe of $450/20'. Spot rates for the Asia-Europe trade have jumped 28 percent this week alone as previously scheduled surcharges became effective on April 1, 2012.

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