Transportation and Logistics Club of Mobile News

Supply Chain Updates

Timothy Otzenberger — Tue, 25 Jul 2023 11:31:17 GMT

Worsening euro zone business downturn reignites recession fears: Euro zone business activity shrank much more than expected in July as demand in the bloc's dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. The decline was broad-based with the euro zone's two biggest economies - Germany and France - both in contractionary territory and will likely add to fears the bloc will slip back into recession. The survey also indicated the European Central Bank's sustained campaign of interest rate rises is starting to take its toll on consumers and denting the services sector. This will pose questions for the bank, which meets on Thursday, as it weighs its fight against record inflation against the economic damage it could cause. HCOB's flash Composite Purchasing Managers' Index (PMI) for the euro area, compiled by S&P Global and seen as a good gauge of overall economic health, dropped to an eight-month low of 48.9 in July from June's 49.9. Source: Reuters Click

FedEx pilots reject tentative deal, supervised talks likely: FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said on Monday. The Air Line Pilots Association (ALPA) did not detail the reasons why members voted 57% to 43% to reject the deal. FedEx (FDX.N) said it was "disappointed" in the pilot union's vote, adding that it would "have no impact on our service." The tentative FedEx deal included a 30% pay increase and a 30% increase to the pilots' legacy pensions. Earlier this month United Airlines (UAL.O) and its pilots - also represented by ALPA - announced a tentative deal that included a cumulative pay increase of up to 40.2%. Source: Reuters Click

Pertamina, Petronas to pay up to $650 mln for Shell's Masela gas stake: Indonesia's Pertamina and Malaysia's Petronas signed an agreement with Shell (SHEL.L) on Tuesday to buy its 35% stake in the Masela natural gas block for up to $650 million, moving the project forward after years of delay. Pertamina Hulu Energi will take 20% and Petronas Masela Sdn Bhd will take a 15% stake in the Indonesian gas block, the companies said at a signing ceremony at the Indonesia Petroleum Association conference. The base consideration for the sale is $325 million with a contingent amount of $325 million to be paid when the final investment decision is taken on the Abadi liquefied natural gas (LNG) project, Shell said in a statement. Abadi LNG, led by Japan's Inpex Corp (1605.T), will use gas from the Masela block, located 150 km (93 miles) offshore of Saumlaki in Maluku province, to produce 9.5 million metric tons per year of LNG at its peak that will be exported from the proposed terminal. Source: Reuters Click

Smaller miners' hunger for cash grows as copper prices fall: A fall in copper prices is having an outsized impact on small and mid-sized miners, forcing many to cut output, and some are now open to raising funds from new investors to ride out the current downtrend, several company executives told Reuters. Copper is set to play a crucial role in the transition to a greener economy and cashed-up bigger miners are seeking assets with longer mine life and high-quality grade ore to meet the growing demand for the red metal. Depressed prices for the red metal due to global economic growth concerns, however, are forcing some small-to-mid sized companies to cut back exploration budgets and other expenses. But that may not be sufficient for them to survive, and the current scenario may pave the way for more M&A in the sector, company executives and analysts say. Source: Reuters Click

US to spend $1.55 bln for oil and gas sector to cut methane emissions: The U.S. government will provide up to $1.55 billion in funding to monitor and reduce methane emissions from the oil and gas sector, two agencies said on Monday. The funding will be accompanied by technical assistance for companies to rein in emissions of the planet-warming greenhouse gas from leaks and daily operations, the U.S. Environmental Protection Agency said. "The amount of methane emitted from oil and gas operations is enough to fuel millions of homes a year, and is a major driver of the climate crisis," said Joe Goffman at EPA's Office of Air and Radiation. States will get as much as $350 million through the U.S. Department of Energy's National Energy Technology Laboratory to help companies voluntarily identify and permanently reduce methane emissions from low-producing wells. The EPA and the DOE said they will also invite bids from tribal governments, companies, and communities for the deployment of technologies and implementation of best practices in the oil and gas sector. Source: Reuters Click

Singapore's Keppel, HSBC sign agreement for decarbonisation solutions: Singapore's Keppel Corporation (KPLM.SI) said on Tuesday it signed an agreement with HSBC (HSBA.L) for pursuing energy transition opportunities aimed at reducing emissions in Greater Bay Area and across Asia. The agreement, signed between Keppel's infrastructure division and HSBC's Hong Kong office, will focus on scaling up low-carbon solutions in cities such as Guangzhou, Shenzhen and Hong Kong, and help users save costs and achieve energy efficiency. Keppel's sustainability offerings and HSBC's ability to provide green financing will help the parties accelerate relevant climate change solutions, they said in a joint statement. Source: Reuters Click

Oil prices rise on tighter supply, China hopes: Oil prices edged higher for the third straight session on Tuesday, as signs of tighter supplies and pledges by Chinese authorities to shore up the world's second-biggest economy lifted sentiment. Brent futures gained 22 cents, or 0.3%, to $82.96 a barrel by 0253 GMT, while U.S. West Texas Intermediate (WTI) crude rose 23 cents, also 0.3%, to $78.97. Both benchmarks rose over 2% the previous day, when hit their highest closes since April. The crude benchmarks have already climbed for four weeks in a row with supplies expected to tighten due to cuts from the Organization of the Petroleum Exporting Countries (OPEC) and allies like Russia, a group known as OPEC+. Some analysts say it could rise further in the short term. Source: Reuters Click

Christmas Party

Timothy Otzenberger — Sun, 12 Dec 2021 14:19:39 GMT

The TLC of Mobile held its annual Christmas Party. We presented checks from the Golf tournament fund raiser to the following two charities.

Buckaroo Barn $22,000.00

3 Mile Creek partnership $22,000.00

We would like to thank all of the sponsors and player of the golf tournament who made this all possible.

International Longshoreman's Association Gold Sponsor

Briggs Equipment Silver Sponsor

Southern Intermodal Silver Sponsor

Sany America Silver Sponsor

West Gulf Maritime Association Silver Sponsor

And the many other sponsors

More pictures from the Christmas Party

TLC of Mobile Update

Timothy Otzenberger — Sun, 25 Apr 2021 23:37:54 GMT

TLC of Mobile Update

I hope this email finds everyone in good health and Covid free.

The first board meeting of 2021 was held on 4/22/21, after the break from Covid 19, we are ready to get back together.

All membership will be reset on 5/1/21, so any current membership will run through 5/01/22.

The first event is planned for 5/20/21, this will be a crawfish boil tentatively to be held at a pub in Downtown, more info will be coming as soon as we have a placed lock down. This will be Trucker's night. If you are in the trucking business and would like to sponsor this event, please contact me as soon as possible.

Second event of the year will be held at Moe's downtown, event is tentatively planned for 7/15/21. This will be Vendor night. If you provide services for the Transportation and Logistics community in the Mobile area, please contact me if you would like to sponsor this event.

The Battleship Blowout is schedule for 9/2/21. This event will be held in the hanger at the Battleship Memorial park. This event will be sponsored mainly by the steamship lines but any company may participate.

Christmas party is schedule to be held on 12/2/21 place and time to de determined.

We will be discussing the annual golf tournament with APM to determine a way forward with our partnership.

We are actively recruiting board members to assist with all phases of the Transportation and Logistics Club, if you are interested in successfully growing the club and are willing to participate in meeting and planning events please contact any of the board members.

Sincerely

Tim Otzenberger

President

Transportation and Logistics Club of Mobile

APM terminals Mobile Port Outgate Expansion Project to begin Mon. 8/27/2018

Timothy Otzenberger — Sat, 25 Aug 2018 16:00:00 GMT

Outbound Gate Expansion Project will begin MONDAY, 8/27/2018.

We are expanding the outbound gate to include 2 additional lanes. We are extremely thrilled to announce that this expansion project will officially be underway on Monday, August 27, 2018.

Contractors will be working on the ground in and around the gate area throughout the duration of the project. Please be aware of this soon-to-be active construction zone, beginning Monday, 8/27/2018.

Please assist us in educating ALL drivers to be exercise extreme caution in the gate area at all times. Again, there will be contractors physically on the ground in very close proximity to the exit lanes.

The construction zone will be set up to the immediate right of the existing 4 outbound lanes. The working area will be sectioned off MONDAY similar to the area indicated above (in red). This image is for clarification purposes only and is not entirely to scale.

This will eliminate the bypass lane. ALL OTR drivers exiting the terminal in-gauge will exit through one of the outbound gate lanes. To further clarify, bob-tails and bare chassis must exit through one of the four gate lanes, as there will no longer be a bypass lane.

At times during this project, the perimeter of this zone can/will be extended further as the project progresses. We will provide additional updates for any and all changes to the construction area and/or traffic flow.

Please help ensure that all parties are aware of the project and reiterate how imperative it will be for all to remain alert and cautious during this time.

Note from Kevin Harrison (South Alabama Regional Planning Commission)

Timothy Otzenberger — Fri, 24 Aug 2018 16:00:00 GMT

All-

Again, I want to thank each one of you that could make it to Monday’s SAFF. I plan on having future meetings, but for now the survey has been reviewed (thank you to all that reviewed it) and it is live. PLEASE SHARE !! The link to the survey is HERE The presentations from Monday are athttp://mobilempo.org/freightplanning.html .

If you have any questions, please feel free to give me a call. The SAFF can be a true collaboration between the freight industry and local governments. It is an opportunity for us to learn from you, and for you to learn from us.

You can email me contacts that you think need to be surveyed, or please copy and paste the text below, and forward:

Greetings-

To get a better understanding of the freight and transportation issues that South Alabama faces, the South Alabama Regional Planning Commission, SARPC, (with assistance of the newly established South Alabama Freight Forum, SAFF) has developed an online freight survey in terms of surface transportation. This survey will only take a minute of your time, and will assist SARPC and the SAFF recognize problems, and develop solutions concerning the movement of freight. In order to have an effective Freight Element to the Long Range Transportation Plan (LRTP), we need your input.

The link to the survey is HERE PLEASE SHARE.

If you have any questions or concerns, please feel free to contact:

Kevin Harrison, PTP

South Alabama Regional Planning Commission

Director, Transportation

110 Beauregard St, Suite 207

Mobile, AL 36602

(251)706-4635

The South Alabama Freight Forum (SAFF)

Timothy Otzenberger — Fri, 24 Aug 2018 16:00:00 GMT

The South Alabama Freight Forum (SAFF) was this week and the US 45 Feasibility Study Stakeholders meeting is next week; seeMobile MPO Updates The deadline for Mobile Urban Area FTA 5310 applications is September 12^th; see Funding Opportunities. , and In The News,. Check out ALGO Traffic before you travel!

http://www.mobilempo.org/