USCG Assessing Major Damage After Ida
The damage to Louisiana’s power grid from Hurricane Ida is so extensive that the U.S. Coast Guard has joined the task of assessing the wreckage, a departure from its maritime security duties.More than 1 million homes and businesses along the U.S. Gulf Coast are without power following Ida’s landfall late Sunday. The storm destroyed transmission lines up and down the Mississippi River, including one large tower that collapsed near Avondale, Louisiana, leaving a conductor from an electrical line in the river itself.“Where and how the tower fell…
US Trucks Revved Up, Capacity Crisis Revealed
As a polar vortex snarled North America's railroads and upended freight flows this winter, everyone from agricultural giant Cargill to Dow Chemical rushed to secure the next-best form of hauling goods: trucks. In what trucking executives described as an unprecedented bidding frenzy, spot market rates surged by as much as 20 percent to record highs in the first three months of 2014 as shippers sought to minimize sometimes weeks-long delays in rail service. "We've received letters from CEOs from major chemical companies asking us if we can do more," said Bill Marchbank, vice president of operations at Houston-based Trimac Transportation, a leading bulk shipper of liquid chemicals and industrial minerals.
