Tag Archives: commerce
Deepened Delaware River Channel Should Boost Commerce
With 60 percent of the Delaware River navigation channel now at or deeper than 45 feet, steamship lines and port officials say the dredging will do two things:
Put more cargo on ships currently coming into the ports of Wilmington, Philadelphia, and South Jersey, and allow larger ships from Asia to sail the river when the Panama Canal expansion is completed in 2015.
It’s been 30 years since Congress directed the Army Corps of Engineers to investigate the feasibility of deepening the channel from 40 feet to 45.
Since the project began in March 2010, 42 miles of the 102-mile channel from Camden to the Atlantic Ocean have been deepened. Thirty-five miles are already naturally at or below 45 feet, which leaves about 25 miles left to be dredged.
Read more at http://www.philly.com/philly/business/transportation/20130707_Deepened_river_channel_should_boost_commerce.html#3Lq7HTFsuY5Yy3zG.99
Drought May Sink Mississippi River Commerce
ABOARD THE DREDGE POTTER, on the Mississippi River — This ship is making sure that the Big River, shrinking under one of the worst droughts in modern history, stays deep enough.
The Potter is scooping this stretch of the Mississippi River’s navigation channel just south of St. Louis, the ship’s 32-foot-wide head sucking up about 60,000 cubic yards of sediment each day and depositing it via a long discharge pipe a thousand feet to the side in a violent, muddy plume that smells like muck and summer.
The Army Corps of Engineers has more than a dozen dredging vessels working the Mississippi this summer. Despite being fed by water flowing in from more than 40 percent of the United States, the river is feeling the ruinous drought affecting so much of the Midwest. Some stretches are nearing the record low-water levels experienced in 1988, when river traffic was suspended in several spots.
That is unlikely this year, because of careful engineering work to keep the largest inland marine system in the world passable. But tow operators are dealing with the shallower channel by hauling fewer barges, loading them lighter and running them more slowly, raising their costs. Since May, about 60 vessels have run aground in the lower Mississippi.
Read more: http://www.post-gazette.com/stories/news/us/drought-may-sink-mississippi-river-commerce-649733/#ixzz246DvXrjq
POTTSTOWN AREA INDUSTRIAL DEVELOPMENT, INC. ANNOUNCES EXECUTIVE DIRECTOR HIRE
POTTSTOWN, PA, NOVEMBER 2, 2011: Pottstown Area Industrial Development, Inc. (PAID) has announced the appointment of Steven Bamford as its new Executive Director. Bamford’s first day will be November 10, 2011.
A resident of Lansdale, Bamford has over 20 years of economic development experience in local government as well as the private sector – since February 2010, he has been Co-Owner/Vice President of TCB Marketing, a results-oriented marketing, media and management consulting firm.
Additionally, Bamford served as a Manager, then Senior Manager, at Ernst and Young from 2002 to 2010. At Ernst and Young, Bamford was responsible for assisting Fortune 1000 and middle market clients making investment and location decisions in the US and abroad by identifying, negotiating and securing incentives from federal, state and local governments.
Prior to his private sector experience, Bamford worked in various positions in the public sector. From 1997 to 2002, Bamford held dual roles as the Vice President of Operations with the Allentown Economic Development Corporation and served as the Executive Director of the Allentown Commercial and Industrial Development Authority. In this capacity, Bamford managed the day-to-day operations of these organizations and their real estate redevelopment projects serving as “developer of last resort” for the most challenging, underutilized and functionally obsolete properties. Bamford also assisted businesses and developers in determining feasibility, site selection, and obtaining funding for projects. Some of these projects included the Bridgeworks, Portland Place, Plaza at PPL Center and Lehigh Landing.
From 1993 to 1996, Bamford served as the Vice President for Special Projects with the New Castle County (DE) Economic Development Corporation where he assisted with site selection and provided support for companies seeking incentives, zoning or development plan approval for projects. Also, Bamford served as the Economic Development Specialist for the City of Reading from 1991-1993 where he performed financial analysis, evaluated development and operating budgets and made funding recommendations to City Council on requests from businesses and developers for assistance through the City’s revolving loan fund.
“Steve’s experience, energy and mix of public sector and private sector experience will be a positive impact to the Borough of Pottstown” said Jason Bobst, President of the Board of Directors.
“We were especially impressed with Steve’s research into the Economic Development Strategic Plan and the most recent Urban Land Institute Advisory Panel Service Plan of 2009. He presented a possible entry plan into this new position from the priorities listed in these documents” added Reed Lindley, Superintendent of the Pottstown School District.
Bamford becomes the first Executive Director of PAID, Inc. since its re-birth as part of the Urban Land Institute Advisory Panel Service Plan recommendation for a single-source entity for economic development in the Borough of Pottstown.
Bamford received his Bachelor of Arts in Economics & Business Administration from Ursinus College and his Master of Business Administration from the University of Delaware.
PAID, Inc. selected Bamford from a field of 37 applicants.
Editor’s comments: We thank Jason Bobst and the rest of the PAID Board for their hard work in selecting a qualified candidate to help move Pottstown forward. We are impressed with Mr. Bamford’s credentials. Mr. Bamford appears to have the skill sets and leadership qualities that will be needed for the Herculean task of leading Pottstown to greener economic pastures.
We welcome Mr. Bamford to Pottstown and wish him much success. We hope a new era of cooperation and collaboration will unfold in Pottstown that will enable Mr. Bamford to be all he can be in this position. He CANNOT do it alone! This means Mr. Bamford needs our full cooperation and support.
Detroit Looks To Pittsburgh On How To Revitalize Their City
The Detroit City Council paid a visit to Pittsburgh, PA to see first-hand what transformation looks like and to learn from Pittsburgh’s successes. Unlike Pittsburgh, Detroit is at the beginning of their process. Pittsburgh is not sitting back on their laurels as city leaders are continuously making positive changes that have made Pittsburgh the poster child for economic revitalization. Watch a cool video about this tale of two cities.