Lesson 1: Increase supply chain efficiency, don't shut port

Wednesday, July 11, 2012

When President Obama visited the New York World Trade Center last month, the Port Authority of New York and New Jersey inconvenienced thousands of commuters and annoyed New York Mayor Michael Bloomberg by shutting down service on its PATH commuter railroad for hours. The Russians are doing New York one better - planning to shut down the entire port of Vladivostok for nearly a week when bigwigs descend on the city for the annual meeting of the Asia-Pacific Economic Cooperation (APE...

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