zoomIllustration; Source: Pxhere under CC0 Creative Commons license Despite a temperamental global trading climate and the uncertainties created by Brexit, UK port operators witnessed a steady year in 2018.According to a UK Port Freight Statistics report, the data for 2018 showed stable port freight tonnages overall, with only a 0.1% difference on the previous year at 483.3 million tonnes. However, overall unit load traffic declined, likely due to a drop of port traffic in passenger cars and new trade cars.During 2018, the UK continued to import more than it exports as a total of 252.4 million tonnes were imported, compared to 130.5 million tonnes exported.Additionally, the EU remained the country’s largest trade partner as more goods were moved between UK major ports and the EU than any other region in 2018, accounting for 44%, or 206.2 million tonnes, of total major port traffic.Liquid bulk goods, which account for 39% of total tonnage, decreased 5% overall, while unitised traffic fell to 23.9 million units, after five consecutive years of growth. Container units increased to a record high of 6 million, however, overall roll-on roll-off traffic fell by 1% to 17.9 million units passing through UK major ports.“Overall port freight figures remain constant although there is plenty of port capacity in the dry bulks, project cargo and particularly in the container sectors, meaning shipping companies have plenty of choice. This means competition between ports, which drives efficiencies and innovation,” Phoebe Warneford-Thomson, Policy and Economic Analyst at the British Ports Association, said.Statistics for the fourth quarter of port freight tonnage showed a growth of 6% to 121.8 million tonnes, which is consistent with suggestions that UK manufacturers were “stockpiling” inventory ahead of expected trade disruptions in the first and second quarters of 2019.
January 10, 2019 Posted: January 10, 2019 Sasha Foo, Categories: KUSI, Local San Diego News FacebookTwitter Governor Newsom unveils 2019-2020 state budget 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – State politicians from San Diego praised Gov. Gavin Newsom’s first budget proposal today, primarily for its dedicated support for expanding housing, affordable education and social services.Newsom released his proposed $209 billion budget for fiscal year 2019-2020, a four percent increase over former Gov. Jerry Brown’s fiscal year 2018-2019 budget, his last in office.The budget includes a $144 billion general fund and a projected $21.4 billion surplus, the largest since at least 2000.On a more granular level, Newsom’s budget includes $1.3 billion in one-time funding for housing development projects, $40 million in funding to cover two full years of tuition for first-time community college students enrolled full-time and doubling the number of state residents who have access to the state’s earned-income tax credit.San Diego’s representatives in the state legislature lauded Newsom’s budget for its ambitious funding propositions. State Sens. Toni Atkins, D-San Diego, and Holly Mitchell, D-Los Angeles, called the proposal “outstanding” in a joint statement. Atkins and Mitchell sit on the Senate’s Rules and Budget and Fiscal Review committees, respectively.“We are pleased that the governor shares our commitment to investing in early childhood and higher education, affordable housing, alleviating poverty and homelessness, expanding access to health care, paid family leave and the Earned Income Tax Credit, and overhauling California’s emergency preparedness,” Atkins and Mitchell said in the statement.Newsom also earmarked funding to assist undocumented immigrants and asylum seekers who have recently entered the U.S. as well as the humanitarian organizations that support them.In a visit to the Otay Mesa Immigration Detention Center Nov. 29, Newsom said the state needed to exert more effort to support recently arrived immigrants, who often lack proper support networks and can end up homeless in areas like San Diego and Imperial counties.“My constituents have seen an influx of migrants being dropped on San Diego streets by federal officials without the support system to help them,” said Assemblyman Todd Gloria, D-San Diego. “I want to particularly thank Gov. Newsom for including $25 million (including an immediate $5 million) to assist our community-based organizations in providing services to address this crisis.”The budget includes an attempt to take an ax to the state’s unfunded pension liabilities as well, allocating $13.6 billion to eliminate budgetary debt, build reserves and pay down pensions. According to Newsom’s office, such spending supports the state’s financial foundation and protects against possible economic strife.“To make the California Dream available to all, our state must be fiscally sound,” Newsom said. “This budget lays a strong financial foundation for our state by eliminating debts, expanding the rainy-day fund and paying down our unfunded liabilities.”Newsom’s office and state legislators will negotiate the budget’s details through June, when the final budget must be submitted. California’s 2019-2020 fiscal year begins July 1, 2019. Sasha Foo
Growing a business sometimes requires thinking outside the box. Opinions expressed by Entrepreneur contributors are their own. July 21, 2017 For the past several years we’ve been told that the age of virtual reality is upon us. Tech companies have introduced new hardware and updated systems to much fanfare, but so far have not been able to turn widespread interest into practice.Virtual reality, and now augmented reality, are often seen as novelties: cool to play with in a store or at that one tech-obsessed friend’s house, but most of us are not putting on clunky headsets or Google’s cardboard system and walking out the door.However, it’s finally looking like the VR and AR industries are on the cusp of going mainstream, as industries start to figure out how to implement transformative technology in the user experience. These 10 industries are pioneering ways to integrate VR and AR tech and offer customers more opportunities to explore products and services.1. Real EstateLooking for a new home or apartment can feel like taking on a second job. Between endlessly checking listing updates to taking time to visit every open house on the market, buying (or renting) a new place can be a daunting and tiresome task.But what if you could experience all that a house has to offer without leaving your home? Real estate companies are toying with VR solutions that offer prospective buyers the chance to walk through a property and survey every room, hallway, nook and cranny without actually leaving their own homes.Related: Real Estate, Movies, Retail: VR Is Exploding. The Opportunities for Entrepreneurs Are Huge.2. ZoosGoing to zoos gives people the opportunity to experience wildlife up close, albeit behind a sturdy partition. However, zoo trips often spark more questions than they answer. Most zoo experiences consist of visitors wandering from exhibit to exhibit and reading about the species on small placards and in outdated pamphlets.Guru is an app that is seeking to redefine the zoo experience by bringing the animals and their habitats to (virtual) life. The app allows users to choose customized audio experiences that share facts about specific animals, as well as behind-the-scenes videos and augmented-reality portals into the actual habitats and lifestyles of animals in the wild.Related: 12 Amazing Uses of Virtual Reality3. FashionEvery millennial woman remembers the first time she saw Cher Horowitz’s closet in Clueless — it was a magical moment. The idea of being able to test clothes and match outfits without actually having to try them on resonated with an entire generation.Now, over 20 years since Clueless sparked an obsession, Cher’s closet, or at least the idea behind it, has become reality. Gap recently unveiled a VR solution that enables customers to digitally “try on” pieces within its collection. Other retailers are bringing VR headsets into stores to allow visitors to feel as though they’re sitting in the front row at the designer’s latest fashion-week presentation.Related: Virtual Reality Is About to Change Your Business4. HospitalityThe internet has made the world a smaller place. Thanks to programs like Google Earth, people can walk pathways in Santorini one minute and find themselves at a busy Sydney intersection the next. More travel organizations are tapping into consumers’ love for virtual exploration.Expedia recently announced a new VR-based initiative that will allow travelers to “step inside” hotel-room listings before making their destination decisions.Related: Why This Restaurant Chain Has Started Using VR to Train Employees5. MedicineThe world of medicine is exploring several avenues and uses for VR to help doctors and patients. Some doctors are now wearing VR headsets in the operating room to give medical students a more in-depth look at the surgical procedures.Additionally, hospitals are experimenting with VR as a means of making patients feel more comfortable. For example, VisitU, an emerging Dutch company, has created virtual glasses to give children at hospitals the chance to experience life at home or in the classroom, even though they are bedridden.Related: VRcade: Be the First to Open One in Your Town6. Entertainment and FilmSince Hollywood’s inception, film studios and production companies have been searching for new ways to make their projects more engaging and lifelike. Now, with virtual technology, film studios have the opportunity to transform the viewing experience from passive to participatory.Companies like Within are gaining the attention and support of major studios because their technology creates fully immersive viewer experiences that, until recently, Hollywood could only dream of.Related: Google: 180-Degree Video Is the Future of VR7. FitnessMany people have a hard time self-motivating when it comes to fitness. It can also be difficult to carve out the time to travel to a gym or fitness studio to take a class. Thanks to emerging VR programs, those wanting to get in shape no longer have to sacrifice their time.Startups like Icaros are creating fitness solutions that take the boredom out of getting fit. These systems allow users to feel as though they’re actually climbing a rock wall or boxing an opponent, when in fact they haven’t left their living rooms.8. AutomotiveHistorically, the automotive industry has needed a physical shopping experience to stay afloat. Before people are willing to make huge investments in new vehicles, they usually want to test the car out for themselves. For this reason, the automotive industry has struggled to find ways to connect with younger generations. Not only are millennials and Gen Zers supporters of the ride-sharing economy; they’re also digitally driven shoppers. Now, automobile makers like Ford are introducing VR experiences intended to give shoppers a real sense of a car’s interior and create a strong enough virtual experience to encourage them to visit a dealership and test drive the real thing. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Register Now » 5 min read