Thursday, April 29, 2010

Punta Colonet - Maneadero Highway Improvements to Begin

Mexico's Department of Communication and Transportation is contracting for modernization of the highway from Punta Colonet to Maneadero (the Ensenada area), including construction of three bridges. Bids will be tendered May 6. Regional infrastructure improvements are critical to development of the mega-port at Punta Colonet.

Friday, April 23, 2010

Mexico's Green Party Has Issue With Punta Colonet Mega-Port

Senator Jorge Legoretta Ordorica warns of potential harm to the Sea of Cortez, and particularly to gray whales and endangered vaquita porpoises, if the mega-port at Punta Colonet is built. His April 20 statement noted that the port is being designed to handle one million containers in its first year, growing to six million in five years. He also noted it is to encompass an international cargo airport; a 600 megawatt power generating plant; two natural gas plants; residential, commercial and industrial zones; 300 km of railway and a desalination plant. He said that Punta Colonet is one of the world's top 18 "hot spots" for biodiversity (no authority provided), and the government should clarify how it will protect the area's special environment.

Wednesday, April 14, 2010

Punta Colonet Domains Today Are Like Microsoft Before It Was Discovered

You really can make money creating, buying and reselling Internet domains... was first registered in late 2009 for $10. In February 2010 it sold for $1,400. In March this domain was resold for $151,000! (Thanks to DNJournal for reporting this great story.)

The beauty of creating or buying Punta Colonet domains is that as the mega-port comes into existence (where only a sleepy fishing-and-farming community exists today), all the domains are guaranteed to soar in value. Owning Punta Colonet domains today is like owning Xerox or Microsoft before those companies were discovered.

Tuesday, April 13, 2010

Rail Crossing for Punta Colonet-into-U.S. Discussed by U.S. Transportation Secretary Ray LaHood

At a meeting yesterday between U.S. Secretary of Transportation Ray LaHood and his Mexican counterpart, Secretary of Communications and Transport Juan Molinar Horcasitas, the topic was truck and railroad crossings to move goods more efficiently from Mexico to U.S. markets. A good part of the discussion focused on transport issues surrounding the planned mega-port at Punta Colonet, Mexico . It was the first bilateral working meeting, and it happened in San Pedro Garza Garcia.

The officials agreed to assign working groups to address truck, rail and aviation issues relating to Mexico's infrastructure plans and the need for coordination with the U.S. A new crossing near Mexicali will be the focus of consideration for Punta Colonet-U.S. rail traffic.

Thursday, April 8, 2010

Port of Long Beach Business Improving, Boding Well for Punta Colonet

The March 31 Port of Long Beach’s annual “Pulse of the Ports” meeting brought 500 trade experts and interested parties together to hear that the industry and the broader economy are rebounding, but with challenges still ahead. “While the recession is over, the recovery remains weak,” said Joseph Magaddino, Ph.D., chair of the Department of Economics at California State University, Long Beach.

Panelists agreed that lingering unemployment, tight credit and the depressed housing market make it unlikely trade will reach its pre-recession highs anytime soon, but early signs are positive. The Port of Long Beach experienced its third straight month of growth in February. “History shows our industry always rebounds,” Port of Long Beach Executive Director Richard D. Steinke said. “We are cautiously optimistic about an upward trend.”

“I think we are headed in the right direction,” said Fred Malesa, vice president of international intermodal for BNSF Railway, which transports cargo containers to and from West Coast ports and rest of the U.S. Peter Peyton, International Longshore and Warehouse Union Local president, said dock workers are already busier compared to the same period last year.

The Port of Long Beach will spend $3 billion in capital improvements over the next decade, in anticipation of competition for Asian import business.