the biggest port in europe and the biggest port outside asia is a port of porter down in the netherlands because of its size. it's also the port that emits the most c o 2 in the u block, according to research agency transport and environment. but here on this 40 kilometer long strong, you'll see more away. several green initiatives are underway, the industrial area. these types, for example, will bring carbon emissions captured from the port into a storage area, complete a gas field under the north sea. through this carbon capture system, the poor defaulted um says it will be able to store 37000000 tons of c o 2 that would have otherwise been released into the atmosphere. we think that there's only one way to develop and that's, that's sustainable. because until then, from the port of watertown, because that's also the, the only way to get to an economic, sustainable future as an environmental sustainable future culture. thomas position as europe's main hub puts in a position to influence how other e u. countries operate. of one sort of whole energy that is used in germany. bosses grew u

in 2021 hutchinson was awarded those two ports, port balboa and port cristobal in a no-bid award process. did you tell me, does the united states have any authority or recourse with the panama canal authority under our current agreement with panama to rebid those terminal concession contracts and perhaps mr. kontorovich, that is more your purview. mr. sola: both of those ports were redone for 25 years until 2047. they have to pay $7 million is what the rate is for the port of houston and the port of miami sized concessions. sen. fisher: can it can't be rebid until after that date? mr. sola: i believe that is what the comptroller's office is auditing, both of those ports and that contract and that was done under the previous panamanian administration. a new administration came in and called for an audit for that immediately. sen. fisher: but you are talking about how to incentivize companies from the united states to participate in a bid process that does not seem to be reasonable and do you think the panamanians would welcome viable alternatives? are we in that position? mr. maffei: this

programs and port leasing incentive offered bit port commission.ith that, that is my presentation and i'm here to answer any questions you may have. >> thank you. are we going to hear from mr. bowe are? >> thank you it's a lot to address. thank you for the time and appreciate your reappointment and congratulations on that. i've got a three-page, four page, maybe make sense of our time to try to get to some of the points and get through it. we've been work ago not this diligently for almost five years and we want it resolved. we got electric vehicles that we want to charge, we can't set up sprinkler without that. i think we're pretty close with most of the points. some of the points that have been a challenge and working on at it again, there is been numerous meetings with myself elaine and her team. we've been given proposal with 21, 22 and 23 this we're told, so i'm a little confused. i'll give you a copy if that's okay. >> so yeah, when you get it, we can take a look at some of the documents. these are numbers that were driven by what the port re

if there are spies there, there might be spies at other hutchinson ports and there are hutchinson ports in almost every part of the world. they owned the largest container port in the united kingdom responsible for nearly half of britain's container trade. they control major maritime terminals in argentina, australia, the bahama knees, me and mark, the netherlands, south korea, and tanzania. if it means china has operational control or strategic control, they have it over the suez, the straits, the mediterranean sea, and the english channel. that is one aspect of what you are talking about. that does not include the shipbuilding heavily subsidized such that half of new ships that are in the companies that belong to the world shipping council coming from china. not because these are bad companies, but because they are undercutting other things. it is a problem that has been going on 20 years which makes it difficult to answer your question. this is not a problem that occurred last week, this was going on all of president biden's term, all the president trump's first term, it has been goi

the man overseeing the port's operations, mario, says the port will dramatically speed up trade thatirely. that will bypass north america entirely. you are going to have express directly to shanghai. it is a huge opportunity for south america because right now all the materials that you export to asia, you have to go to mexico and then you cross the pacific ocean. but despite the promises of growth, some in the local community feel left behind. the fully automated port has so far offered fewjobs. the nearly $1.5 billion port majority owned by china's cosco shipping, is china's latest belt and road project. china has overtaken the us as peru's main trading partner, a trend that could widen across latin american countries, as donald trump threatens tariffs under his america first policy. critics warn of overreliance on china and jeopardising the existing relationship with the us with some of trump's aids pushing huge tariffs on old merchandise coming through the port. but for peru's minister for foreign trade, ursula leon, it is not a cause for concern. translation: our agreements with

the man overseeing the port �*s operations, mario, says the port will dramatically speed up trade that entirely. you speed up trade that will bypass america entirely.— speed up trade that will bypass america entirely. you are going to have expressed _ america entirely. you are going to have expressed to _ america entirely. you are going to have expressed to shanghai. j to have expressed to shanghai. it is a huge opportunity for south america because right now all the materials that you export to asia, you have two go to mexico for then you cross the pacific ocean. but despite the pacific ocean. but despite the promises _ the pacific ocean. but despite the promises of _ the pacific ocean. but despite the promises of growth, i the pacific ocean. but despite| the promises of growth, some the pacific ocean. but despite i the promises of growth, some in the promises of growth, some in the local community feel left behind for the fully automated port so far offered few jobs. the nearly $1.5 billion port majority owned by china's costco shipping, is china latest belt and road project. trial h

the dock workers and port operators resume labor talks today.n "squawk box" on the first on cnbc interview this morning. it wit be anll be an exit inter. one more look at futures before we let you go. still in the green across the board. the dow would open 40 points higher. that does it for "worldwide exchange." "squawk box" starts right now. >>> good morning. tencent shares tumbling in hong kong trading overnight after the u.s. department of defense included in in a list of chinese military companies. >>> dana white, the head of the ufc is joining meta's board. perfect fit. details from the announcement straight ahead. >>> and mcdonald's is the latest company to announce changes in the dei plans. it's tuesday, january 7th, 2025 and "squawk box" begins right now. ♪ >>> good morning, welcome to squawk box here on cnbc. we are live from the nasdaq marketplace. welcome back. we are all three together for the first time in a while. for his first time we are together this year. happy new year. to curb your enthusiasm. it is just too late. except for

the man overseeing the port's operations says the port will dramatically speed up trade that will bypassress from chancay directly to shanghai. it's a huge opportunity for south america. but despite the promises of growth, some in the local community feel left behind. the fully automated port has so far offered fewjobs. china has overtaken the us has peru's main trading partner, a trend that could widen across latin america as donald trump threatens tariffs and his american first policy. critics warn of over reliance on china and jeopardising the us with some of trump's aids already pushing huge tariffs on all merchandise coming through the port. but for peru's minister forforeign trade it's not a cause for concern. could peru's partnership with china undermine its existing relationship with the us? not at all. 0ur relationships with both china and the us are strong and mutually beneficial. peru must now navigate a delicate balancing act. for now, the chancay port stands as both a beacon of opportunity and a source of uncertainty in a world bracing for heightened trade tensions. that's i

imports move through the ports.er industries such as the sneaker, apparel and fashion try industry get a large boost with the ports. joipg us joining us now is the ceo of apparel. >> thank you. >> steven, when we saw the strike, the concern was the holiday season. what is the biggest concern with the possible port strike when it comes to your industry? >> you mentioned it before. 50% of apparel and footwear and ies come through the ports. it's a huge transit point for us. this is coming at a time when we are dealing with the potential of tariffs coming in and still trying to manage the cost and the problems associated with the houthis terrorist attacks over the red sea. there are still logistics concerns coming with that. at a time we are trying to find more predict ability and dealing with yet another potential strike. this wasn't resolved a couple months ago. this is coming at the worst time. as companies are trying to bring in product both ahead of potentially new tariffs and trying to manage spring and summer de

coast and gulf coast ports?th her mitigation strategies pending the final outcome of negotiations. with the 90-day contract extension there is a lot of concern a contract will not be agreed upon and you can see a strike again on january 16. we are happy to see the parties are back at the table today. there are negotiations over the weekend, some discussions at least on the big sticking point of automation and modernization. we hope that proves a pathway to get a final deal before next week. scarlet: talk about the additional costs of relying on west coast ports. whether that is in dollars over time. -- or in time. jonathan: shifting product to the west coast, you have to bring that back to the east coast or gold coast, wherever it was expected to be. there are additional transportation costs with mitigation strategies that they are putting in place. scarlet: in the past you have encourage president biden to weigh in on the strike discussions, for the labor discussions, to prevent a strike. what is your understan

the man overseeing the port's operations, mario de las casas, says the port will dramatically speed upely. you're going to have express chanchai directly to shanghai. it's a huge opportunity for south america because right now all the materials that you export to asia, you have to go to mexico or long beach and then you cross the pacific ocean. but despite the promises of growth, some in the local community feel left behind. the fully—automated port has so far offered fewjobs. william wallace, a local fisherman, is struggling to make a living. translation: we used to row out, fish in the morning, - sell our catch, rest in the afternoon and return to fish again in the evening. that was our daily routine. but not any more. the nearly $1.5 billion port, majority owned by china's cosco shipping, is china's latest belt and road project. china has overtaken the us as peru's main trading partner, a trend that could widen across latin american countries as donald trump threatens tariffs under his america first policy. critics warn of overreliance on china and jeopardising the existing relation

controlled ports. the israel defense forces claimed it was hitting military targets. nine civilians were reportedly killed and considerable damage occurred to the red sea ports that had reduced capacity. israel also struck two power stations causing temporary power just -- power disruptions. while many missiles and other projectiles filed from the houthis in yemen have been intercepted, on december 20 a missile damaged elementary school in central israel. on december 21 another missile landed in a residential neighborhood in shop -- in jaffa. 16 civilian injuries were reported in the latter incident, including a three-year-old child. on december 26, idf airstrikes targeted an international airport, on yemen's western coast in addition to power stations which the idf says were being used for military purposes. the risk of disruption to vital humanitarian operations at a time when millions of people in yemen are in need of lifesaving assistance are of grave concern. the idf december 26 strikes on yemen h

strike at the east and gulf ports.looming work stoppage facing the supply chain in 2025. welcome back to "worldwide exchange." i'm frank holland. we will talk about the uncertainty in the days ak weeks ahead. >>> let's look at the first trading day of 2025. all of the indices finishing higher in 2024. the s&p posting 20% gains in back-to-back years. however, there was a shift in momentum in the final week of trading. s&p coming off the first four-day slide entering a new year since 1966. you can see futures in the green across the board. s&p up 40 points. dow up 200 points higher. nasdaq briefly or off the highs of 175 points right now. we want to look at the nasdaq 100 pre-market gainers. at the top of the list is micro strategies. bitcoin up 3.5%. well get to that in a moment. asml, a chip company, up 2%. the rest of the list filled out by chip makers. a lot of moves in the pre-market. we are looking at small caps this year. after finishing one basis point higher in q4 despite the run-up after the election, small cap

s biggest ports to a stand still. nearly 1 million people 65 and older. so if someone you love is older, talk with them about vaccines. i forgot to wash my work shirt. just wear it again! i added unstopables with odor blocker and it keeps our clothes fresh all day! [sniff] ooo, imma be feelin it at work today. she smells so good i'm actually paying attention! smell unstopable. this charmin ultra soft smooth tear has wavy edges. it's no ordinary square. charmin ultra soft smooth tear has wavy perforations that tear so much better, with more cushiony softness. enjoy the go, with charmin. feeling backed up and bloated? good thing metamucil fiber plus probiotics gummies work harder for your digestive system. with fiber to help promote gut health. and probiotics to help relieve occasional bloating. so you can feel your best. metamucil fiber plus probiotics gummies. >>> a major blow to the comply narrowly averted. shippers and the longshoremen's union struck a deal to avert a port strike set for next week. cnbc's karen gilchrist is here with the details. good m

has been reached on semi automation at the ports.y issue full details are not released until the ila union can vote on the contract. >>> the ceo of d-wave quantum shot up 6 650% last year has fallen 30% >> the reason he's wrong is that we at d-wave are commercial today. we have companies like mastercard or ntt or pattison food group using our quantum computing today in production to benefit business operation not 30 years from now, not 20 years from now, not 15 years from now today. >>> and elon musk is speaking in a live chat on x, musk calling the goal of $2 trillion of cuts the best case outcome. >>> and president biden's aim is to curb the sale of chips from nvidia to others on a company by company basis to avoid getting in the hands of russia and china. >>> turning back to the markets. investors dig through the latest fed minutes suggesting a slower rate cut ahead for more, let's bring in lindsey bell at 248 ventures lindsey, good morning. >> good to see you, frank. >> lindsey, what is your word of the day? >> my word of the day

to every port works differently. best alternative to stepped current wording in the contract as i said, significant effective potentially have a discussion over next year or so, about maybe, other ways to approach i believe everybody is interested, things that we have to preserve right to automate -- so, again, i think we should keep that as part of the toolbox. unfortunate part, the impact, that it is -- if you look at four to five mainly ports in east coast and gulf operated by states and cities public sector enterprise operate ports container, customers so certainly with amount of investment -- they ought to be allowed to do what they -- >> technology is changing all the time, i say the wording is in place so the next tech comes through perhaps could mean somebody's job is gone? >> well, the wording is in place but i think you would agree with me every new terminal built probably evaluated automation, it is more to say a panacea, it is capital expenditure reduces flexibility in return for some beside people don't

and if massachusetts never pays, the port will stay closed forever. now, that is clearly untenable, you need to have some sort of it will be closed for 30 days as a punishment, that would have been a much more functional way, because then you can declare victory and be done after 30 days. whereas if you have a boycott -- if you have a closure of the port and you say, oh, it will stay closed until you pay, then basically that gives the decision-making about when this conflict ends over to the other side. and that is often true with boycotts, right? if you are boycotting something and you declare that your boycott is the last until there is a change of policy of whatever it is you are boycotting, then all the real decision-making is now on the other side about whether they will change their policy to adapt to your requests. and boycotts, as voluntary actions, are very tiring. people are not necessarily as motivated as it may be on day one or day 30 or day 100, are going to be a lot less motivated on your three year five to carry on with the boycott. som

i suspect in many of these ports, what happened is, you the merchants, many of them patriotic, offer a bit of a bribe to the customs. and so he knew how this job worked. he knew we had to come to some sort of modus vivendi with them, and they with him. so he impounded it and he never offered it for sale. and that was the problem. i saw no conflict, no struggle, no tears, no revolution. well, a good reminder that the whole world was not boston in the 1770s, right? but even in boston, events happened that are not consistent with the memory that we have kept of this moment. you spend a little bit of energy trying to chase the fourth g ship, right? which will make its way into the harbor. tell a little bit about the story of the william and why it matters. the william is a fascinating story. so the east india company hired or has shipped its t en separate ships. the dartmouth the eleanor the beaver and the william. and they arrived in they arrived a massachusetts in that order. and three of them arrived in boston properly. the dartmouth, the eleanor and the beaver fine, the william hit a

i've already and soldiers have been deployed to a former french base at port. but i need to support some additional all the streets of ivory coast business capital. there is no let up in rising and to frank sentiments at our local market. just land so cool echoes the feeling of maybe i've audience about the presence of french forces in that country. all the fuel fed . we need to catch her breath. we're tired of all the clues. we know they're behind many problems in africa. we africans don't want to live in constant conflict. i purchased a forced the french out from which of us a hell in 20232024. since then, the trend has continued on. new year's eve, ivory course joins full of french colonies. molly rook unify. so the chair, chad in senegal, and asking some 600 francs or just leave president, what access is country one to a side it's over into and that it's military has come of age relations between the french and for my calling is broken up possible molly and the sheer took a dramatic tune after ministry take over there. she has to jump to has gone a step fat

also the more then the 6 rates have been have had to the, the c port. so for us, a son also a study c parts. these are the main c parts for, for the people of human hunters, all who joins us now from johnson's capital and mine. because as well has found out, is there a from a pricing that have to what it is really saying about the strikes? the police really military did confirm and a statement carrying out extensive airstrikes any of any territories. saying that they targeted what they are saying or who is the military post. the 1st was right outside of the capital son, a power plant there. and also the ports along the western coast were talking of course about austin or usa. and for the day, the army said that more than 20 aircrafts took part in this air raid. and we heard from several is really politicians, including prime minister benjamin netanyahu, who said that this is the price, the who these are going to have to pay because of the continued attacks on israel with missiles projectiles and drones. but we also heard from the defense minister, israe

this was a book that talked about the history of port authority. phil plot has done a much more recent book for the the centennial of the port authority understanding the how these institutions work and don't work and why some things that seem absurd they may be absurd but understanding why they are absurd. phil potts did a good job of that in his own port authority book. there are many more, and if i think of some as we go along, i'll tell you personally at the end of the evening, great. when you when you think now about the book, who do you imagine? who did you, the reader was going to be when you were writing? is it is it in a audience? is it a new york audience? it an urban audience, transportation junkies who who's the who's the reader? i wanted to make sure you don't have to be a transportation junkie to enjoy the book. you know, i'm friends with many transportation junkies. you know, the people know each of the are numbers on the subway cars. and when of them was put in place. this is not that. and the same thing with, you know, what should

this region has trouble har, as he was only oceanic port serving as a gateway to the indian ocean on like land locked and rock. this area has the distinct advantages of direct access to mobile shipping route. the almost goes into the world. this is all to you. that's good to have a company today. i thought sort of this our policy in following an observer to the un deliberate and i simply to the security council on thursday. he is the inside of the community to hold is what accountable. so now focus is, is a tax on the west back of the be in the westbank, israel entered with its military armored vehicles into our homes, into our schools and neighborhoods. it has killed, interested, our children. and this occupation in the settlers, terrorism is expanding to engulf every city every neighborhood. they are displacing bombarding, detaining burning, looting and building settlements in a blatant violation of international laws and instruments without any accountability to recall for keeping the adf on the un list of abusers of the rights of children in armed conflicts until this occupation

also the more then the 6 rates have been have had to the, the c port. so for us, a son also a study c parts. these are the main c parts for, for the people of human. and this all hit joins us now from jordan's capsule of mine. and that's because as well his band i'll just there are from operating that. so what it is, what it is saying about these strikes as well. these really military did release the statements shortly after the strikes saying that they targeted multiple areas inside. if you have any territory that they consider who'd be targets, the 1st was a power station outside of the capital. so no, but they also targeted different ports along the western coast like it all center yourself. and for data we've also heard from is really politicians like benjamin netanyahu countries, prime minister, who said that this is the price, the who with these are going to pay the defense minister is ro caps echoed that sentiment saying that the who these are only going to learn with force and not this policy of attacks is only going to continue. it's important

l115 your top ports on the economy to begin with.— your top ports on the economy to begin with.a aood to begin with. us economy is in a good spot- — to begin with. us economy is in a good spot. unemployment. to begin with. us economy is in a good spot. unemployment is| a good spot. unemployment is still relatively low. inflation is stubbornly not coming down as quickly and as easily as the fed had hoped. he has a couple of headwinds coming in. as the tailwind in terms of the economy but then that the headwind of the stubborn inflation. tt headwind of the stubborn inflation-— headwind of the stubborn inflation. , ., _, inflation. if you could give me our inflation. if you could give me your thoughts. _ inflation. if you could give me your thoughts. you _ inflation. if you could give me your thoughts. you have - your thoughts. you have operated within the white house in the treasury department. why did he not slap tariffs on certain country straightaway? which is what we were all anticipating.— anticipating. every first is straightaway _ anticipating. every first is straightaway f

anyone all the way to pakistan's karachi, porting the east at his heart's lies the strategic port, city of trumpet har. any one which is part of the province of c store and then by the chest dot com, which one is mostly inhabited by the value of each ethnic group. you can find some error influences along the coast, northwards proximity to a man. the predominant culture here is value to you, so it feels nothing much more to see into one. it actually feels like walking through pack as fast muffling balls. all here is area is one of the most under privilege and least develop parts of the country. so much you are what the locals you think about the idea of moving the capital to that region. so the positive aspect is that investors will come to this region and invest, for instance, they will build hotels and shopping malls, enhancing the infrastructure of travel har. on the other hand, the negative consequence of this move is that real estate prices will skyrocket. it's beneficial to relocate the capital to our region. we are urging them to enhance our access to electricity. since we current

ah, it will be a bustling port.oking at extending the seasons. there's a window of opportunity to ship manitoba products through the manitoba port. the future looks bright. the fate of the polar bears of the western hudson bay is tied to rising temperatures here. polar bears only exist| where there's sea ice. and in places where . they historically were, where there's no longer sea ice, there are no i longer polar bears. and, so, regardless. of where in the arctic, we know as ice melts, we stand to lose those populations. - and churchill's future is entwined with its wildlife. if global warming continues to happen, eventually, the polar bears could stop coming here. and then that's...less money for churchill. but people here are resilient. they're planning for the future. we're all being challenged. does that mean you quit existing? no. you continue to adapt to it and fine—tune what needs to happen and you take advantage of it, right? m not — a doom—and—gloom world. hello there. we've got more strong winds, heavy ra

piracy and i'm bossa to the un says is well, is on its way to up to find the entire west bank through port violent res. i'm set blood terrorism, we have from the local plumber, i had a few minutes and situation. jimmy is extremely difficult. people have been exposed to numerous is undisputed for associations. most recently, it's about a student operations that have led to, to high human to $10.00 costs as low as private says that a for an act of as he is a tuesday of the violence in georgia and the paid amount aiming to this process love on time the top it shows is your pin pon is expensive, american energy always be available to them by size. the new us present the size of the units for the energy supply rupture, most likely the life of the sky. this is all to you in 30 minutes of news news. so now i'm so sorry this past city in poland. observe a to the you and deliver them impression play to the security council on those. there he oh, it's the international community. the whole is what i countable, and then now focus it attracts on the west bank on the be in the westbank, israel entered

they knew it was port stephens harbor. but by that point, there were six or seven inches of snow on the ground. they were freezing, they were shivering. they were hungry. they couldn't make it. they went back. and that to make things even worse, this mackay lagoon, as most lagoons do, in fact, all has two sides. so the men that were waiting for them were on this side. the guys that came from their hike in the middle of the night went up that side. they went halfway up when they saw the fire burning across the lagoon, they had to make it all the way back. they were almost dead when they arrived back and they decided that's it. we can't make it to eagle island. we're going to go back to swan island to our rudimentary camp and stay there for a while. now, after the nancy and then athena left, eagle island, they split up the nancy to buenos aires and durane then made his way to rio de janeiro, where the nina was waiting for him in rio. this guy i love his name, rear admiral sir manley. dixon. that's the name you need if you're

it offers all the privacy of a fun, fair port, a potty oversee. one of the big guns is that's all it is outside of the most luxurious port either. but it does the job. on the flip side, harrison lives in the center of london. rent free, he only pays for water and power. the designer bought the dumpster for the equivalent of 1000 euros and then invested another 5000 into converting it. originally. harrison had intended to live in the dumpster for no more than a year that turned into 2 and then into in definitely a background as architecture, design and construction. so i felt like there must be some kind of loophole or some kind of thing that i could do to create somebody comfortable. and as well as that use, use the project as a vehicle to make it commentary on this. this issue that is affecting 70 millions of people with london isn't the only expensive city from 2010 to 2020 to rents across the european union rose by nearly 20 percent making housing on a ford a for many in big cities in paris. the rent per square meter averages around 30 years. i

got dolph ports key for you on the mush. clear floor smart through low sam. got kurt or chad. so you always need cheesecakes you where you, we have kind of clean up points. some statements pretty, pretty out here. what's the homes for list for? so i guess can pray didn't gotcha, but i could. i have left pretty full. i'm going to shoot. pediatric acknowledge the new boy doesn't. we weren't sure what you would cut out on this and that you didn't miss lesson. you knew more curse done, sco assumed menu informed me. my instruct or the must keep levels in framing, i'd say ensure, you know, we're still telling them what it is. it is actually to smell or the mission use of kaiser at the end of what she needs to fit the no lord, you the collective ports keep using it. if click new modeling to finish up. yeah, it's, but it's in the company board school, but it must go full time. it's completely completely beside the escape. us pretty good. what's the performance can play the pony show me was practically we built from scratch. one of its found as was the legend. dre sophia marshall const

. >>> the dock workers' union and port owners have a new deal. it's avoiding a strike.ren: finally, some good news. both sides have agreed the a tentative deal that allows the use of automation at the ports to do things like carry the containers if union jobs are added at the same time. finish so you have that with the already agreed upon 62% wage increase. it averts a strike at the east and gulf ports that handle more than half the nation's shipping containers. the union does still need to ratify this contract, but in a statement they say this agreement protects current ila jobs and establishes a framework for implementing technologies that will create more jobs while modernizing east and gulf port coasts. so more technology, more jobs, more money. and in the end, some dock workers will be making over $200,000 a year. stuart: at least we get some automation. got it. lauren, thank you very much, indeed. >>> here's what's coming up. president trump touting unity after his meeting with senate republicans. watch. >> we're going to get something done that's going to be redu

port authority engineers studied traffic trends. shop upward curve mean that existing facility will soon be overcrowded and crossing is needed. to serve the congested midtown area. the lincoln tunnel is located between george washington bridge and harlem tunnel and. to keep the river clear for shipping, it was decided to build tunnel rather than a bridge. nearly 100 feet below the surface of the river. similar in design to the harlem. its outer wall is a huge cast iron pipe 31 feet in diameter and. through it, a roadway is constructed. and, so the lincoln tunnel is started. derricks and steam shovels get underway, so they chalk the core core. build off for. they must be sharp at all times, but it is necessary to drill solid rock. powerful compressors are installed to counteract the of water and silt. all tunneling is done in compressed air chamber. men, most important of all are, now selected to work under compressed air. a hard and dangerous job every precaution is taken to safeguard them under pressure. work is strain on heart and

the port of long beach received 280 million dollars as part of the port investment ground. that will allow us to get goods across the country faster. thank you so much. chair: mr. cowie. rep. kelly: thank you, mr. dollinger. as you know, california has imposed a number of nonsensical policies and regulations on trucking that have wrecked havoc on the industry and on on commerce. some of those are already being pulled back now with the change of federal administrations. could you just itemize a few of those that are still standing that perhaps could be pulled back by rescinding waivers? guest: i think it's important that the administration looks at the greenhouse gas, and reopen it and look at those items. i mentioned earlier today that basically carb has been mandating things and has been a patchwork of states that have been involved as well with it. we operate in all 48 states. and basically, we need the federal government to step forward and take control of our destiny. >> thank you. he also testified about how trackers are independent operators or write a good part of ou

particularly, it is particularly important for trade between the eastern seaboard ports and the west. it cuts down about 7,000 miles of shipping distance when you traverse the canal to go from the east coast to the west coast. in terms of shipping an global commerce, the canal is a very important and perhaps the most important interoceanic waterway. we have to go back in history to understand the importance of the canal to the world and to the united states. the idea of an interoceanic canal from panama dates back to the 16th century of the spanish empire. the spaniards will visions of building a canal. it was technologically impossible then so they built a system whereby their gold hidden galyons from south america would port in the pacific side of the isthmus and transport that gold via land and initially via mule laden cargo to the atlantic side of the isthmus. it is about a 51 mile distance from the pacific at the shortest point from the pacific to the atlantic. then would transport, would transfer that cargo mostly gold and silver on to gallon i don't understand an transfer them

they became known as the port chicago 50.mass summary court-martial, sentenced to hard labor. including carol cherry's father, cyrill shephard, sentenced to prison for almost two years at the age of 20. >> he didn't have a blemish on his record until this happened. he was commended for his bravery after the explosion. >> reporter: 80 years later, navy secretary carlos del toro exonerated the black sailors. >> they took the right course of action by denying to go back to work under similar circumstances. >> reporter: yet they lived and died with this dark cloud. >> and that's the unfortunate part about this, and i pray that an exoneration will bring peace to their souls and bring peace to their family members. >> reporter: in july, carol cherry was presented with a flag at a memorial ceremony at port chicago. >> i am so proud of that flag. >> reporter: it now sits on her shelf, a shrine to her father. >> and i thank my pop for what he did. i'm so proud of him. and i'm so happy for where we are at this moment. i wish he was her

operate three ports, all five ports?look towards the future but, you know, that's not an issue right now who operates the port. but, we need to think about where does it go from here. >> yeah. >> we need to think about the future. >> so, speaking on that point, are you concerned about the direction that mexico is headed in, kind of broadly speaking between these issues, these ties with chinese, between the security situation at the border, kind of some of the problems it's causing down in the southern part of the u.s. they do have a new administration, but a lot of this has been festering for 10, 20 years now? >> yeah. i think this is something that we need to take up with mexico, not with china. and again, i think it comes down to mexico, you're our neighbor. you shouldn't want something that impedes our national interests, that goes against our interests. regrettably, a lot of what china does, a lot of what they have done, goes against our interests. and that's something that mexico should be able to recognize. the que

— you have attacks in port—au—prince, then you have attacks going on.d so there's a lot of frustration. there's a lot of panic, a lot of concerns in haiti. at the end of the year, more than 51100 documented murders as a result of this gang violence, and everyone acknowledges this is probably under—reported. these are just the cases that we know of. and in terms of those gangs, do we have any indication as to whether they can carry on in this way — the longevity of what they're doing? well, what the gangs have shown us, since the arrival of the mss, is the ability for themselves to co—ordinate among each other and the ability to unleash coordinated attacks and create havoc. and so they sat and waited and watched, and when they didn't see this mission come out with an enormous amount of force, then theyjust went on the rampage. how are they now going to react as this mission starts to get more boots on the ground? i mean, the biden administration, which is on its way out in a couple of weeks — they have said they want to bring this force to about 1,000 bo