Excerpt:
Will Occupy Shut Down All West Coast Ports?
| Sat Dec. 10, 2011 3:00 AM PST
Around nine o'clock on the night of November 2, after more than 10,000 people marched to the Port of Oakland in support of Occupy Oakland's call for a general strike, an independent arbitrator declared the port unsafe for its workers, effectively securing its closure for the rest of the night. This Monday, Occupy Oakland will try to best its 12-hour port shutdown with a more ambitious West Coast "port blockade" joined by more than a dozen occupations from Anchorage to San Diego.
westcoastportshutdown.org
Occupy Oakland's renewed call to shut down the "Wall Street on the waterfront" was sparked in large part by the October firing of 26 port truckers in Los Angeles and Long Beach who wore Teamster T-shirts to work in defiance of their anti-union employer, the Australian-owned Toll Group. Monday's protests are also being billed as a protest against port terminals run by the Goldman Sachs-owned Stevedoring Services of America (SSA) and a show of solidarity with the International Longshore and Warehouse Union's rank-and-file—particularly in Longview, Washington, where the union is engaged in a contract fight with Export Grain Terminal, a subsidiary of the agribusiness giant Bunge.
http://www.sgagroup.com/tjs.htm
Excerpt:
Six months later he purchased California's largest independent stevedoring company, Crescent Wharf and Warehouse Company in May of 1983. Forming Stevedoring Services of America in 1984, Stewart had control of every port on the west coast of the US from Anchorage, Alaska to San Diego, California with sales topping $200 million. Adding the purchase of Indies Terminal in Los Angeles harbor a year later, Stevedoring Services of America's west coast market share had increased from 2.7% when he started with the company in 1967, to 42% of total market share out of the west coast with revenues of $320 million by 1989 when he left the industry.
http://www.carlyle.com/Fund/Real%20Assets/Global_Infrastructure_Buyout/Carlyle%20Infrastructure%20Partners/item10102.html
Excerpt:
Qube Logistics
Sydney , Australia
Carlyle Infrastructure Partners
Acquired: April 2011
Status: Current
Qube operates in three divisions covering Automotive, Bulk and General Stevedoring, Landside Logistics and Strategic Development Assets through brands that are well recognized and respected in the markets in which they operate. These businesses provide a broad range of logistics services nationally, focused on the movement of imported and exported products.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=30614961
Excerpt:
Company Overview
As of August 30, 2011, Qube Logistics has changed its line of business. Qube Logistics is an open ended equity mutual fund launched and managed by Kaplan Funds Management Pty Limited. The fund invests in the public equity markets of Australia. It invests in the stocks of companies operating across infrastructure, utilities and logistics sectors. The fund also makes its investments in the unlisted infrastructure and utilities investments. Qube Logistics is domiciled in Australia.
http://en.wikipedia.org/wiki/Stevedore
Excerpt:
Stevedore, dockworker, docker, dock labourer, wharfie and longshoreman can have various waterfront-related meanings concerning loading and unloading ships, according to place and country.
http://cleanandsafeports.org/blog/2011/09/10/outhouses-and-injustices-australia%E2%80%99s-toll-group-degrades-america%E2%80%99s-truck-drivers/
Excerpt:
Outhouses and Injustices: Australia’s Toll Group Degrades America’s Truck Drivers
September 10, 2011
The ugly laws that relegated black Americans to second-class citizens for nearly a century in the post-slavery South were struck down over 45 years ago. Appallingly, that hasn’t stopped the Australian-based corporation that currently handles cargo for popular apparel and athletic brands Guess? and Under Armour from conducting business practices in Southern California that smack of Jim Crow.Just as African-Americans were forced to use separate, inferior public restrooms and drinking fountains, Toll Group, a global transportation and logistics powerhouse, explicitly bars its truck drivers from using the clean and stocked indoor facilities; these roughly 75 men and women who haul imports for the fashion and footwear retail customers must share a trio of foul-smelling, unsanitary port-a-potties that lack running water outside in the company yard. Every Toll Group employee and manager is also free to use the break room during rest and meal periods, except the mostly Latino-American workers whose job it is to haul giant containers from port terminals to local warehouses.
http://www.dailybreeze.com/news/ci_19209683
Excerpt:
Truck drivers picket port company Toll Group
Posted: 10/27/2011 05:40:02 PM PDT
Updated: 10/27/2011 06:13:10 PM PDT
Port Teamsters hold a rally outside of Toll Group offices in San Pedro. Truckers seeking better wages and working conditions marched to the front gate to deliver petitions. (Robert Casillas / Staff Photographer)
Attorney General Eliot Spitzer said today that two executives of a Florida-based investment company have pleaded guilty to state criminal charges in connection with the ongoing investigation of illegal trading practices in the mutual fund industry. In a related development, the Securities & Exchange Commission (SEC) announced a civil action against the pair.
According to the attorney general's criminal charges and the SEC findings, the two employees of Kaplan & Company Securities engaged in illegal late trading of mutual funds on behalf of Kaplan and specific hedge fund clients. http://www.kaplanfunds.com.au/ Excerpt:
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