Issue link: https://jocdigital.uberflip.com/i/340697
www.joc.com THE JOURNAL OF COMMERCE 3 10 23 COVER STORY 10 What's Next? China's rejection of the P3 shocks Maersk, MSC and CMA CGM and shrouds the future of mega-alliances in doubt. SPECIAL REPORT: LATIN AMERICA TRADE AND LOGISTICS 23 CAFTA at 10 The Central America Free Trade Agreement has helped members grow, but the pact is hardly a panacea in the battle against low-cost Asian competitors. SPECIAL REPORT: TRANS-PACIFIC CARRIERS AND PORTS 45 How the West Has Won Deep harbors, strong rail networks, super-post-Panamax cranes and automation draw mega-ships to Pacifi c Coast ports. F E A T U R E S E V E R Y I S S U E D E P A R T M E N T S 16 GOVERNMENT WATCH Ex-Im Bank on the Ropes House Republicans signal it may be time to pull the plug on a key fi nance facility for importers and exporters. Facilitating Port Productivity? Harbor truckers want the FMC to join the discussion about how to ease congestion at U.S. ports. 42 INTERNATIONAL MARITIME NY-NJ's to-Do List A new task force issues its recommendations to improve the port's productivity. Confusion in China The country's new 24-hour advance manifest system has forwarders scratching their heads. 62 DOMESTIC SURFACE Pricing It Right A strong second quarter is helping less-than-truckload carriers build more sustainable pricing power. A Cross-Border Double-Cross? Canadian truckers criticize a U.S. proposal to double APHIS inspection fees. C O L U M N S 4 PICKING UP THE P3 PIECES By Chris Brooks 22 WHY THE P3 GOT BUSTED By Gary Ferrulli 60 PUTTING A CAP ON CAPACITY By Ken Kramer 70 POST P3: A NEW WORLD ORDER By Peter Tirschwell 6 Spotlight 64 By the Numbers 65 Index 68 Colin Barrett's Q&A 69 Classifi ed Ads 2014 V.15 N.14 CONTENTSJuly7