Name: LaHood Optimistic on Future of TIGER Grants for Ports (Video)
Uploaded: Jun 28, 2012, 10:14 AM EDT
Description: Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure. He was interviewed at Global Terminal in Bayonne, N.J., where the DOT announced an $11.4 million grant for an intermodal rail transfer facility. The grant was among $500 million in TIGER grants announced by the DOT.

Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure. He was interviewed at Global Terminal in Bayonne, N.J., where the DOT announced an $11.4 million grant for an intermodal rail transfer facility. The grant was among $500 million in TIGER grants announced by the DOT.

<div class="phx-topic abstract-wrapper"><p>Tobias Meyer said companies are starting to consider offloading Asia export cargo at ports in the Indian subcontinent for eventual onward shipment into the Gulf region, but it has not yet emerged as a trend.</p></div>

Tobias Meyer said companies are starting to consider offloading Asia export cargo at ports in the Indian subcontinent for eventual onward shipment into the Gulf region, but it has not yet emerged as a trend.

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Middle East transshipment options to emerge in the coming days: DHL CEO

<div class="phx-topic abstract-wrapper"><p>Stefan Paul said almost 20% of global air freight capacity from the belly hold of passenger aircraft and via freighter aircraft charters has been cut from the market because Middle East airports are closed or flights have been otherwise canceled. </p></div>

Stefan Paul said almost 20% of global air freight capacity from the belly hold of passenger aircraft and via freighter aircraft charters has been cut from the market because Middle East airports are closed or flights have been otherwise canceled.

Air freight backlog set to gridlock Asia airports amid Middle East conflict: K+N CEO

<div class="phx-topic abstract-wrapper"><p>The US has established a maritime warning zone, effectively placing the region out of bounds to shipping, while airlines have suspended passenger and freighter flights across the Middle East.</p></div>

The US has established a maritime warning zone, effectively placing the region out of bounds to shipping, while airlines have suspended passenger and freighter flights across the Middle East.

Shipping avoids Middle East region after US, Israel begin strikes on Iran

<div class="phx-topic abstract-wrapper"><p>Absorbing its largest and most complex takeover to date was initially expected to take at least two years to complete, but will now be fully wrapped 20 months after the DB Schenker acquisition closed. </p></div>

Absorbing its largest and most complex takeover to date was initially expected to take at least two years to complete, but will now be fully wrapped 20 months after the DB Schenker acquisition closed.

DSV moves to transform its business as Schenker integration accelerates

<div class="phx-topic abstract-wrapper"><p>Momentum from robust growth on some Asian export trade lanes following the Christmas holidays has now slowed, with forwarders and analysts expecting muted demand over the coming two weeks.</p></div>

Momentum from robust growth on some Asian export trade lanes following the Christmas holidays has now slowed, with forwarders and analysts expecting muted demand over the coming two weeks.

Solid January demand to largely mute Lunar New Year air freight rush

<div class="phx-topic abstract-wrapper"><p>The agency in charge of enforcing US shipping law reminded the market that any change in ocean tariffs must come with a 30-day notice period prior to implementation so it can be reviewed.</p></div>

The agency in charge of enforcing US shipping law reminded the market that any change in ocean tariffs must come with a 30-day notice period prior to implementation so it can be reviewed.

FMC says ‘closely monitoring’ carrier rates moves tied to Middle East war

<div class="phx-topic abstract-wrapper"><p>Nineteen MPVs are stuck in the Persian Gulf, while bunker costs have increased by $3 to $7 per ton of cargo as a result of the Middle East war, according to one vessel operator. </p></div>

Nineteen MPVs are stuck in the Persian Gulf, while bunker costs have increased by $3 to $7 per ton of cargo as a result of the Middle East war, according to one vessel operator.

Muted short-term impact on MPVs from Iran conflict, but longer-term risks rising

<div class="phx-topic abstract-wrapper"><p>With the flow of waterborne oil suspended in the Strait of Hormuz, reports out of China say suppliers are rationing fuel in anticipation of growing shortages, while bunkering centers such as Salalah in Oman are no longer able to fulfil orders. </p></div>

With the flow of waterborne oil suspended in the Strait of Hormuz, reports out of China say suppliers are rationing fuel in anticipation of growing shortages, while bunkering centers such as Salalah in Oman are no longer able to fulfil orders.

Maersk forced to ship fuel from US, Europe as Asia bunkers start to run dry

<div class="phx-topic abstract-wrapper"><p>CEO Jeremy Nixon said the investment, which could be valued at close to $1 billion, is part of ONE’s plan to reach 3 million TEUs in capacity by 2030. </p></div>

CEO Jeremy Nixon said the investment, which could be valued at close to $1 billion, is part of ONE’s plan to reach 3 million TEUs in capacity by 2030.

ONE boosts ownership stake in Seaspan parent Poseidon

<div class="phx-topic abstract-wrapper"><p>Ports closest to the Persian Gulf are under mounting pressure with a second round of containers inbound as carriers start to offload cargo that was already on the water last week when Middle East bookings were canceled.</p></div>

Ports closest to the Persian Gulf are under mounting pressure with a second round of containers inbound as carriers start to offload cargo that was already on the water last week when Middle East bookings were canceled.

Waves of diverted containers swamping Middle East ports

<div class="phx-topic abstract-wrapper"><p>A proposed universal tax on foreign-built ships would strain trade relations, raise the cost of doing business and stoke inflation, writes Reason Foundation policy analyst Jay Derr. </p></div>

A proposed universal tax on foreign-built ships would strain trade relations, raise the cost of doing business and stoke inflation, writes Reason Foundation policy analyst Jay Derr.

Reform HMT rather than taxing shipping more: analyst

<div class="phx-topic abstract-wrapper"><p>Under the US Customs and Border Protection’s proposal, shippers will not have to sue the administration for refunds of the IEEPA tariffs and will receive the monies owed as a single payment.</p></div>

Under the US Customs and Border Protection’s proposal, shippers will not have to sue the administration for refunds of the IEEPA tariffs and will receive the monies owed as a single payment.

CBP lays out initial tariff refund plan that requires ‘minimal’ work from importers

<div class="phx-topic abstract-wrapper"><p>Data generated within logistics software vendors is part of a web of information that helps shippers weigh service levels and inventory carrying costs against rate levels. </p></div>

Data generated within logistics software vendors is part of a web of information that helps shippers weigh service levels and inventory carrying costs against rate levels.

Tech vendors ready themselves to help importers wage cost reduction war

<div class="phx-topic abstract-wrapper"><p>The push to launch futures contracts for container shipping has gained momentum in recent years given the seemingly never-ending volatility and disruption in the market.</p></div>

The push to launch futures contracts for container shipping has gained momentum in recent years given the seemingly never-ending volatility and disruption in the market.

Intercontinental Exchange to launch container freight futures in April

<div class="phx-topic abstract-wrapper"><p>The average price for a gallon of diesel fuel rose 96 cents for the week ending March 9, according to the Energy Information Administration, the biggest seven-day spike since the agency began releasing the data in 1994. </p></div>

The average price for a gallon of diesel fuel rose 96 cents for the week ending March 9, according to the Energy Information Administration, the biggest seven-day spike since the agency began releasing the data in 1994.

Elevated US trucking rates get new boost from diesel gains amid Middle East war 

<div class="phx-topic abstract-wrapper"><p>While the White House has signaled support and Republicans hold a majority on the US Surface Transportation Board, opposition has surfaced that has many believing the $85 billion merger is not necessarily a done deal.  </p></div>

While the White House has signaled support and Republicans hold a majority on the US Surface Transportation Board, opposition has surfaced that has many believing the $85 billion merger is not necessarily a done deal.

Industry stakeholders don’t see regulators rubber-stamping UP-NS deal

<div class="phx-topic abstract-wrapper"><p>The Trump administration’s move against non-English-speaking drivers and non-domiciled commercial driver’s license holders could hit the drayage sector, but only after it trickles down from other parts of the trucking industry, experts say.</p></div>

The Trump administration’s move against non-English-speaking drivers and non-domiciled commercial driver’s license holders could hit the drayage sector, but only after it trickles down from other parts of the trucking industry, experts say.

TPM26: US trucking crackdown likely to have delayed impact on drayage sector

<div class="phx-topic abstract-wrapper"><p>Those who would be affected by the proposed $85 billion transaction either directly or indirectly had plenty to say about the matter during the first TPM26 conference since the deal was announced. </p></div>

Those who would be affected by the proposed $85 billion transaction either directly or indirectly had plenty to say about the matter during the first TPM26 conference since the deal was announced.

TPM26: Stakeholders put UP-NS merger proposal under the microscope

<div class="phx-topic abstract-wrapper"><p>Cuts to traditional one-way service have been balanced by additional capacity in dedicated, specialized fleets.</p></div>

Cuts to traditional one-way service have been balanced by additional capacity in dedicated, specialized fleets.

Truckload capacity index moves up as large US carriers shuffle assets

<div class="phx-topic abstract-wrapper"><p>Valentina Jordan, CEO of software provider Nauta, joins TPM Today to explain why data and infrastructure are more important to logistics technology buyers than digital workers.</p></div>

Valentina Jordan, CEO of software provider Nauta, joins TPM Today to explain why data and infrastructure are more important to logistics technology buyers than digital workers.

<div class="phx-topic"><p>Everyone wants a "digital worker." VCs are pouring billions into the AI gold rush. The industry is obsessed with the shiny new tool, but the real value lies in the work nobody wants to talk about: the boring, grueling, unsexy work of fixing the data underneath.</p><p>Join Eric Johnson sits down with Valentina Jordan (CEO, Nauta) to discuss why logistics tech buyers need to stop chasing agents and start fixing their foundation.</p><p>• Why the “Gold Rush” funding model is pushing products that shippers aren’t ready for.</p><p>• Why data infrastructure—not digital workers—is the actual key to automation.</p><p>• Where shippers go wrong when evaluating supply chain tech in a hyped-up market.</p><p>This episode was streamed live on February 16, 2026 on <a href="https://letstalksupplychain.com/tpm-today/">TPM Today</a>.</p><p></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="UAwQIZNUopE"></dynamic-object></div></div>

Everyone wants a "digital worker." VCs are pouring billions into the AI gold rush. The industry is obsessed with the shiny new tool, but the real value lies in the work nobody wants to talk about: the boring, grueling, unsexy work of fixing the data underneath. Join Eric Johnson sits down with Valentina Jordan (CEO, Nauta) to discuss why logistics tech buyers need to stop chasing agents and start fixing their foundation. • Why the “Gold Rush” funding model is pushing products that shippers aren’t ready for. • Why data infrastructure—not digital workers—is the actual key to automation. • Where shippers go wrong when evaluating supply chain tech in a hyped-up market. This episode was streamed live on February 16, 2026 on TPM Today .

TPM TODAY | Why the AI agent companies in logistics have it wrong

<div class="phx-topic abstract-wrapper"><p>Technology has promised much over the past 20 years, but it hasn’t really changed the core functions of most logistics practitioners.  The era of AI is undoubtedly upon us, and with it, the potential to change how cargo movement is managed.</p></div>

Technology has promised much over the past 20 years, but it hasn’t really changed the core functions of most logistics practitioners. The era of AI is undoubtedly upon us, and with it, the potential to change how cargo movement is managed.

<div class="phx-topic"><p>Technology has promised much over the past 20 years, but it hasn’t really changed the core functions of most logistics practitioners, whether it’s cargo owners managing transportation, or 3PLs assisting those cargo owners. But the era of AI is undoubtedly upon us, and with it, the potential to change not just the ease with which cargo movement is managed, but how it’s managed.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6388681988112"></dynamic-object></div></div>

Technology has promised much over the past 20 years, but it hasn’t really changed the core functions of most logistics practitioners, whether it’s cargo owners managing transportation, or 3PLs assisting those cargo owners. But the era of AI is undoubtedly upon us, and with it, the potential to change not just the ease with which cargo movement is managed, but how it’s managed.

Logistics world awaiting true disruption

<div class="phx-topic abstract-wrapper"><p>Grant Sernick, head of sales and marketing at 3rdWave, joins TPM Today to discuss his belief that AI can only work when it joins the logistics context currently stuck in silos.</p></div>

Grant Sernick, head of sales and marketing at 3rdWave, joins TPM Today to discuss his belief that AI can only work when it joins the logistics context currently stuck in silos.

<div class="phx-topic"><p>We are drowning in data but starving for context. And according to Grant Sernick of 3rdwave, that is exactly why most AI initiatives in logistics are going to hit a wall.</p><p>If your AI doesn’t know the difference between a high-priority SKU and a low-value filler, it’s just faster noise.</p><p>Grant joins host Eric Johnson on TPM Today to explain why the future of supply chain tech isn’t about better bots—it’s about better context.</p><p>• Why AI agents fail without a unified data layer. </p><p>• The massive disconnect between Transportation and Trade Compliance. </p><p>• How to finally close the gap between “Where is my box?” and “Where is my revenue?”</p><p>This episode was streamed live on January 23, 2026 on <a href="https://letstalksupplychain.com/tpm-today/">TPM Today</a>. </p><p></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="0d-cBOtngEM"></dynamic-object></div></div>

We are drowning in data but starving for context. And according to Grant Sernick of 3rdwave, that is exactly why most AI initiatives in logistics are going to hit a wall. If your AI doesn’t know the difference between a high-priority SKU and a low-value filler, it’s just faster noise. Grant joins host Eric Johnson on TPM Today to explain why the future of supply chain tech isn’t about better bots—it’s about better context. • Why AI agents fail without a unified data layer. • The massive disconnect between Transportation and Trade Compliance. • How to finally close the gap between “Where is my box?” and “Where is my revenue?” This episode was streamed live on January 23, 2026 on TPM Today .

TPM TODAY | Stop tracking containers. Start tracking products.

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Video

<div class="phx-topic abstract-wrapper"><p>Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure.</p></div>

Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure.

<div class="phx-topic"><p>Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure. He was interviewed at Global Terminal in Bayonne, N.J., where the DOT announced an $11.4 million grant for an intermodal rail transfer facility. The grant was among $500 million in TIGER grants announced by the DOT. </p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="XdimImyKnzE?rel=0"></dynamic-object></div></div>

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