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Thursday, September 01, 2005

KATRINA UPDATE: Lost port’s massive ripple effect

KATRINA UPDATE: Lost port’s massive ripple effect: "To handle this enormous flow of goods, New Orleans has become the
country’s most intermodal port. About 75 truck lines, 50 ocean
carriers, 16 barge lines and six class one rail lines help to move
cargo in and out of the port, an average of 11.2-million tons per year.
No wonder Standard & Poor’s estimated on Tuesday that Katrina could
slightly lower the entire nation’s economic growth for the third
quarter."

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