By Karen Robes Meeks
Honolulu-based Matson, Inc. recently reported a net income of $32.6 million, or $0.76 per diluted share in the second quarter, higher than the $24.0 million, or $0.55 per diluted share, registered during the same period last year.
Consolidated revenue for the second quarter of 2018 reached $557.1 million compared to $512.5 million recorded in 2017.
"Our performance in the quarter was solid with Ocean Transportation's results approaching the level achieved last year and continued strong results across all service lines in logistics," said Matson's Chairman and Chief Executive Officer Matt Cox.
Cox added that Matson will continue to expect improvements in each of its core trade lanes except for Guam and China.
“In Guam, we expect to face continued competitive pressure, and in China we continue to expect modestly lower volume coming off an exceptionally strong 2017,” Cox said. “We continue to expect Ocean Transportation's full year 2018 operating income to be modestly higher than the level achieved in 2017. For 2018 in logistics, we are raising our outlook for the year given the strong trends across all service lines.”
Friday, August 10, 2018
Longview Seeks Applications for Board
By Karen Robes Meeks
A new District #2 representative and a Willow Grove resident are needed for the Port of Longview Board’s Park Advisory Committee, which helps guide Willow Grove Park and Boat Launch improvements.
The Park Advisory Committee includes five community members: one Willow Grove resident, one education/student representative and one member from each of the three Port District areas. Although the Port Commission Board of Commissioners makes the final decision on the park, the volunteer committee serves in an advisory role and makes recommendations to the board.
“We are eager to fill these important roles as we make additional improvements to the Park and Boat Launch next year,” said Commission President Jeff Wilson.
Visit http://www.portoflongview.com/220/Park-Advisory-Committee for more details.
A new District #2 representative and a Willow Grove resident are needed for the Port of Longview Board’s Park Advisory Committee, which helps guide Willow Grove Park and Boat Launch improvements.
The Park Advisory Committee includes five community members: one Willow Grove resident, one education/student representative and one member from each of the three Port District areas. Although the Port Commission Board of Commissioners makes the final decision on the park, the volunteer committee serves in an advisory role and makes recommendations to the board.
“We are eager to fill these important roles as we make additional improvements to the Park and Boat Launch next year,” said Commission President Jeff Wilson.
Visit http://www.portoflongview.com/220/Park-Advisory-Committee for more details.
San Francisco Seeks Input in Historic Preservation
By Karen Robes Meeks
The Port of San Francisco is seeking input to enhance public uses of the facilities in the Embarcadero Historic District, a first step in preserving and rehabilitating the historic structures.
The San Francisco Port Commission recently released a Request for Interest (RFI) for “public-oriented concepts for the historic facilities” located between Pier 35 and Pier 48. These include 13 historic piers and the Agriculture Building that are all in need of rehabilitation along The Embarcadero.
“A key goal of the Port Commission is to create an accessible waterfront for everyone to enjoy,” said Port Commission President Kimberly Brandon. “The RFI will allow us to hear concepts from prospective and current Port tenants to help us create a world-class experience that draws people to the waterfront again and again.”
“We welcome over 24 million people to our waterfront each year and we are determined to ensure all of our historic facilities are accessible to the public,” said Port Executive Director Elaine Forbes. “Through the Waterfront Land Use Plan Update process, we’ve heard loud and clear from the public that they want access to our piers, and that they love the waterfront’s many public-facing businesses. The RFI is our chance to call for new concepts from smaller businesses and master tenants. We welcome feedback that will help us find the financially feasible investment to rebuild piers, in coordination with the Embarcadero Seawall Program, and to ensure our waterfront is safe and accessible for our future generations.”
The RFI process deadline is October 31.
The Port of San Francisco is seeking input to enhance public uses of the facilities in the Embarcadero Historic District, a first step in preserving and rehabilitating the historic structures.
The San Francisco Port Commission recently released a Request for Interest (RFI) for “public-oriented concepts for the historic facilities” located between Pier 35 and Pier 48. These include 13 historic piers and the Agriculture Building that are all in need of rehabilitation along The Embarcadero.
“A key goal of the Port Commission is to create an accessible waterfront for everyone to enjoy,” said Port Commission President Kimberly Brandon. “The RFI will allow us to hear concepts from prospective and current Port tenants to help us create a world-class experience that draws people to the waterfront again and again.”
“We welcome over 24 million people to our waterfront each year and we are determined to ensure all of our historic facilities are accessible to the public,” said Port Executive Director Elaine Forbes. “Through the Waterfront Land Use Plan Update process, we’ve heard loud and clear from the public that they want access to our piers, and that they love the waterfront’s many public-facing businesses. The RFI is our chance to call for new concepts from smaller businesses and master tenants. We welcome feedback that will help us find the financially feasible investment to rebuild piers, in coordination with the Embarcadero Seawall Program, and to ensure our waterfront is safe and accessible for our future generations.”
The RFI process deadline is October 31.
Lynden Transport Wins Logistics Award
Lynden Transport was awarded its sixth consecutive No. 1 ranking and its 22nd overall award in the 35th annual Logistics Management Quest for Quality Awards. The company received the highest scores among Less-than-Truckload (LTL) western regional carriers in the on-time performance and information technology categories and topped the overall weighted scores. Lynden International also achieved strong results in the airfreight category, earning its 16th Quest for Quality award.
"We work hard every day to be the best of the best and, for the 22nd time, we're honored our customers have recognized us with a Quest for Quality Award. We are incredibly humbled to be ranked at the top for six years in a row," says Lynden Transport President Paul Grimaldi. "The credit goes to our dedicated drivers, customer service representatives, support staff, and the entire Lynden Transport team. We intend to keep the momentum going by continuing to provide the Lynden brand of service to our customers."
"We work hard every day to be the best of the best and, for the 22nd time, we're honored our customers have recognized us with a Quest for Quality Award. We are incredibly humbled to be ranked at the top for six years in a row," says Lynden Transport President Paul Grimaldi. "The credit goes to our dedicated drivers, customer service representatives, support staff, and the entire Lynden Transport team. We intend to keep the momentum going by continuing to provide the Lynden brand of service to our customers."
Tuesday, August 7, 2018
Long Beach to Decide on Toyota Power Plan
By Karen Robes Meeks
The Long Beach Board of Harbor Commissioners is expected to decide on Toyota Logistics Services’ proposal to redesign its facility at Pier B and build a renewable 2.3-megawatt fuel-cell power plant and hydrogen fueling station with dedicated pumps for hydrogen.
Toyota – which operates a terminal for receiving, handling and transporting its vehicles off-site by truck or rail – wants to make operations more efficient by consolidating office, car washing, fueling, auto body and other spaces into one location.
The meeting will take place at 6 p.m. on August 13 at the Port's Interim Administrative Offices, 4801 Airport Plaza Drive in Long Beach. It can also be viewed live and recorded at www.polb.com/webcast.
The Long Beach Board of Harbor Commissioners is expected to decide on Toyota Logistics Services’ proposal to redesign its facility at Pier B and build a renewable 2.3-megawatt fuel-cell power plant and hydrogen fueling station with dedicated pumps for hydrogen.
Toyota – which operates a terminal for receiving, handling and transporting its vehicles off-site by truck or rail – wants to make operations more efficient by consolidating office, car washing, fueling, auto body and other spaces into one location.
The meeting will take place at 6 p.m. on August 13 at the Port's Interim Administrative Offices, 4801 Airport Plaza Drive in Long Beach. It can also be viewed live and recorded at www.polb.com/webcast.
Northwest Seaport Alliance Awards Trade
By Karen Robes Meeks
The Northwest Seaport Alliance (NWSA) plans to honor outstanding business and environment achievement within the Seattle-Tacoma gateway with its new North Star Awards.
NWSA tenants, shippers and supply chain partners, stakeholders, non-profit organizations are all eligible for this recognition. The awards will feature the Cargo Anchor Award, which honors long-term businesses that also promote trade and economic development in the area, and the Environmental Sustainability Award, which spotlights innovation and adaptive measures that support the continued health of the Puget Sound region’s environment, while promoting trade and economic development.
The deadline for nomination is 5 p.m. on Friday, August 17. Visit www.nwseaportalliance.com/northstar for more information.
The Northwest Seaport Alliance (NWSA) plans to honor outstanding business and environment achievement within the Seattle-Tacoma gateway with its new North Star Awards.
NWSA tenants, shippers and supply chain partners, stakeholders, non-profit organizations are all eligible for this recognition. The awards will feature the Cargo Anchor Award, which honors long-term businesses that also promote trade and economic development in the area, and the Environmental Sustainability Award, which spotlights innovation and adaptive measures that support the continued health of the Puget Sound region’s environment, while promoting trade and economic development.
The deadline for nomination is 5 p.m. on Friday, August 17. Visit www.nwseaportalliance.com/northstar for more information.
Vancouver USA Dedicates Rail Project
By Karen Robes Meeks
The Port of Vancouver USA recently dedicated its $251 million West Vancouver Freight Access Project. This concludes the decade-long rail project that officials hope will ease congestion and bring efficiency to users by improving rail movement of freight through the port and along the BNSF Railway and Union Pacific Railroad mainlines that link the Pacific Northwest to hubs in Chicago and Houston, and from Canada to Mexico.
“It’s hard to overstate the importance of the West Vancouver Freight Access Project,” said port CEO Julianna Marler. “Whether we’re talking about how the project reduces rail congestion on the mainline and expands our capacity to 400,000 rail cars per year, or how it supported thousands of family-wage jobs during design, engineering and construction – as well as jobs for the future – this has been a critical project with far-reaching benefits for our community, region and nation. We’re very proud to celebrate WVFA’s completion today with our staff and contractors, and many of the partners who helped us make this project and its benefits a reality.”
The project is already inspiring private investment from port tenants and neighbors such as United Grain Corp., Great Western Malting and Farwest Steel.
Over $200 million in private funds have been spent to modernize facilities and equipment, and capitalize on the increase of rail capacity, according to the port.
The Port of Vancouver USA recently dedicated its $251 million West Vancouver Freight Access Project. This concludes the decade-long rail project that officials hope will ease congestion and bring efficiency to users by improving rail movement of freight through the port and along the BNSF Railway and Union Pacific Railroad mainlines that link the Pacific Northwest to hubs in Chicago and Houston, and from Canada to Mexico.
“It’s hard to overstate the importance of the West Vancouver Freight Access Project,” said port CEO Julianna Marler. “Whether we’re talking about how the project reduces rail congestion on the mainline and expands our capacity to 400,000 rail cars per year, or how it supported thousands of family-wage jobs during design, engineering and construction – as well as jobs for the future – this has been a critical project with far-reaching benefits for our community, region and nation. We’re very proud to celebrate WVFA’s completion today with our staff and contractors, and many of the partners who helped us make this project and its benefits a reality.”
The project is already inspiring private investment from port tenants and neighbors such as United Grain Corp., Great Western Malting and Farwest Steel.
Over $200 million in private funds have been spent to modernize facilities and equipment, and capitalize on the increase of rail capacity, according to the port.
14th USCG District Issues Subchapter M COI
By Karen Robes Meeks
On August 2, Coast Guard Sector Honolulu issued a Certificate of Inspection (COI) to towing vessel Namahoe, the first to be issued in Coast Guard 14th District since new inspection regulations were enacted nationally July 20.
The new regulations apply to Subchapter M towing vessels, which fall under any towing vessel larger than 26 feet. About 58 area vessels will need to get the new Certificate of Inspection.
“Now the regulations are a little more in depth,” said Chief Warrant Officer Bryan M. Anderson, a marine inspector with Sector Honolulu. “The Coast Guard and the towing vessel industry worked very closely together to establish new towing vessel regulations for construction, engineering, life-saving, firefighting and manning the vessel.”
On August 2, Coast Guard Sector Honolulu issued a Certificate of Inspection (COI) to towing vessel Namahoe, the first to be issued in Coast Guard 14th District since new inspection regulations were enacted nationally July 20.
The new regulations apply to Subchapter M towing vessels, which fall under any towing vessel larger than 26 feet. About 58 area vessels will need to get the new Certificate of Inspection.
“Now the regulations are a little more in depth,” said Chief Warrant Officer Bryan M. Anderson, a marine inspector with Sector Honolulu. “The Coast Guard and the towing vessel industry worked very closely together to establish new towing vessel regulations for construction, engineering, life-saving, firefighting and manning the vessel.”
