#USA - Why Are US Ports Among the Most Inefficient in the World? | Wall Street Week

7 December 2024

On the World Bank's annual Container Port Performance Index not one US port ranks among the top 50 and just two are in the top 100. The busiest - the Port of Long Beach and Port of Los Angeles - rank 373 & 375. Why is that? And what can be done to improve it?

Wharf Limited (0004.HK) net profit up 22%

Property to ports conglomerate Wharf (Holdings) Ltd. (0004.HK) said its net profit for 2007 rose 22% on strong growth in property investment and development in Hong Kong and China. A recent rights issue to which we subscribed to in full for development in China was justified. An International Portfolio is proving advantageous in these turbulent times. The price at market close - 36,95 HK$ 1,05 2,76%
Annual range - 27,50 - 50,25 HK$ indicating plenty of upside when markets recover.