Word: cargos
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...plan calls for adding a third set of locks, wide enough to serve the supersize, post-Panamax vessels--those carrying more than 5,000 20-ft.-long containers--that many consider the future of commercial-cargo shipping. The canal's Old World competitor, Egypt's Suez Canal, can already accommodate the bigger vessels. A resized Panama Canal could be a boon to U.S. ports on the Gulf and East coasts, which currently handle post-Panamax cargo directly to and from Asia only via the lengthier Suez route. Says Gary LaGrange, CEO of the Port of New Orleans: "This will...
...business--more efficiently, more safely and more profitably--doubling toll income to an estimated $1.4 billion this year. (The Suez Canal earns $3.5 billion.) That's nearly 10% of GDP. "Before, the canal was just about moving ships," says ACP administrator Alberto Alemán. "Today it's about moving cargo...
...There is so much concern over what passengers cannot carry that we seem to have lost sight of the problem of cargo security. Since anything can now be secreted in a toothpaste tube, isn't there a higher risk of a small bomb being placed in the cargo hold? A bribe put in the hands of a baggage handler might be enough to do it. Chadwick Hall London...
...better to exercise caution by strengthening security systems and giving up some freedoms than it is to accept a high risk of more attacks. Savi Mull Lucknow, India There is so much concern over what passengers cannot carry that we seem to have lost sight of the problem of cargo security. Since anything can now be secreted in a toothpaste tube, isn't there a higher risk of a small bomb being placed in the cargo hold? A bribe put in the hands of a baggage handler might be enough to do it. Chadwick Hall London The U.S. government keeps...
...about it. Bryant set up her company two years ago, after she noticed the number of African Americans investing in Ghana was on the increase. And now those black Americans--successful entrepreneurs and corporate managers--were being told to kiss some royal butt. Ghana, a major source of human cargo during the slave trade, has been a favored destination for African Americans since it won independence from Britain in 1957. Those who make the pilgrimage often talk of an epic search for their roots and a grand narrative of Pan-Africanism. But increasingly, it's trade, investment and entrepreneurship anchoring...