Bob Watters
Bob Watters
lines shipping stay targeting terminal tie
What the ports wanted to do is they wanted to tie up shipping lines to stay at their ports. The ports really in a sense put the U.S. terminal operators, more of them, out of business, because they were targeting the shipping lines.
business capital difficult intensive lines port rather shipping terminal
It's a capital intensive business to get into and ... to actually have the leases, it's very difficult because the port authorities want to give the leases to shipping lines rather than terminal operators. We would have a lot more terminal leases if we could.