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The total dollar valud of foreign cargo in both the public and privatelyg owned port terminalshit $45.3 billiohn in 2008, an 8 percent increaser over 2007, according to the . And the total cargo at the public terminalreached 8.9 million tons, 3 percent up from 2007. The numbera were viewed as promising forthe port, which employs 16,500 peoplr and generates $388 million in state and locaol tax revenue. The growth was pushed by continued leadership at the port in itsnichr cargoes, such as cars and roll-on/roll-oft cargo. “Last year was another strong year for the Port of even as the global economy begannto struggle,” Gov.
Martin O’Malley said in a “Clearly, the port is not immune to theeconomixc downturn. However, with strong management and wise investments, we have been able to sign long-term contracts with major businesz partners that will help maintaihn stability at the Port in the days It was the seventh consecutive year of cargo growth at the according tothe MPA. At the publiv terminals, key performances included: • A 4 percentg increase in the number of cars Traffic of containers and finishedc paper product tonnage were both flat with 2007 When the private terminals arefactored in, however: Forest products fell 5 and, • Roll-on/roll-off cargo grew 3 Baltimore ranks first among U.
S. ports for roll-on/roll-off cargo, imported forest products, imported gypsum and iron ore. It rankds second in exported autos, imported salt and importes aluminum. The port ranks 12th overall inthe U.S. for its totap dollar value of cargo.
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