...The Panama Canal is approximately eighty kilometers long between the Atlantic and Pacific Oceans. This waterway was cut through one of the narrowest parts of the isthmus that joins North and South America. The Canal uses a system of locks to raise and lower ships to the desired elevation. The locks function as water lifts: they raise ships from sea level(Atlantic or Pacific Ocean) to the level of Gatun Lake, which is twenty-six meters above sea level. Ships then sail the channel through the Continental Divide. Each set of locks bears the name of the town where it was built, Gatun ( on the Atlantic side), and Pedro Miguel and Miraflores ( on the Pacific side). The lock chambers, which are steps, are 33.5 meters wide by 304.8 meters long. The...
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...Shipping everyone knows what a ship is, yet most people don’t know the importance of the shipping industry. The Panama Canal is a prime example of new ways in increasing shipping efficiency. The Panama Canal was built so that it would half the time it would take for a ship to get from the Pacific Ocean to the Atlantic Ocean. The Panama Canal had may difficult challenges and its first attempt at being created failed because of many reasons. Problems that the builders didn’t foresee and which crippled and killed hundreds of people, and that problem was mosquitoes. The idea of creating the Panama Canal dates all the way back to the 1500’s. In 1880, Count Ferdinand de Lesseps, builder of the Suez Canal attempted to accomplish this very intensive...
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...first coined in developing the idea of such a canal mainly for military advantages against Portugal. In a 1698, the “Darien Scheme,” by the Kingdom of Scotland, developed the idea of creating a passage way across Panama’s isthmus as a method of trade, though was the plan was removed two years later due to inhospitable conditions. Although these initial plans in the construction of the Panama Canal would thwart any future development at this location, one ambitious person would attempt to repeat history in engineering success....
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...Regarding the Panama Canal Treaty negotiations, they will find us standing up or dead, but never on our knees, NEVER!!” (Herrera). The Panama Canal began in 1903 to 1914. With the help from the French and the United States, Panama was able to succeed in the building of the canal. Theodore Roosevelt, the man who conducted the project, was able to unite the nations into helping him build the Panama Canal to connect the two main oceans. Panama was thought to be the easiest place to build a canal because of how lean it was compared to the countries surrounding it, but during the build, they ran into lots of difficulties and realized it wasn't as easy as they thought. (Canal) “We must dare to be great; and we must realize that greatness is sacrifice...
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...The Panama Canal was a technological vision desired by the empires of late 19th century as it promised a high yield of economic remunerations. In the end, the Canal was opened in 1914 by the American Panama Canal Construction Company (McCullough, David). An ample amount of research has been conducted to examine the economic benefits of the Canal to nations besides Panama, such as lower US oil shipping costs, lower costs to the consumer, and faster travelling times for goods and people. The impact that the Canal had on the indigenous peoples of Panama and the local environment is a less researched area into which my argument deviates. I believe this is a greatly mis- and underrepresented area of research as a result of French and American propaganda over the ages. The effects on the indigenous peoples and the native environment mostly contributed to their detriment. On the other...
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...American businesspeople announced the formation of a canal building company, with interests in constructing a canal system across the Isthmus. This project was to take place in an area now called Panama. The endeavor was filled with controversy. Though the canal itself was not built until the early 1900's every step toward the building and ownership, was saturated with difficulty. Walter LaFeber illustrates the dilemmas in a historical analysis. In his work he states five questions that address the significance of the Panama Canal to United States. This paper will discuss the historical perspective of the book's author, address pertinent three questions and give a critique of LaFeber's work, The Panama Canal. For proper historical analysis one must understand the importance of the Canal. The Panama Canal and the Canal Zone (the immediate area surrounding the Canal) are important areas used for trade. Even before the canal was built there were to large ports on both sides of the Isthmus. Large amounts of cargo passed through the Isthmus by a railroad that connected the two ports. The most important cargo was the gold mined in California before the transcontinental railroad was completed in the United States. It has strategic significance because of its location, acting as a gateway connecting the Pacific and Atlantic oceans. This allows for rapid naval deployment between fleets in either ocean. These two facets make the Panama Canal very important in the region. LaFeber notes that...
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...Eric Quetschke HST 480 Research Paper During the nineteenth century the United States was growing its empire through economics, politics, and military actions. The first step in growing their empire was to limit the actions of European countries. The Monroe Doctrine of 1823 asserted the United State’s position by warning European powers against any further attempts to colonize lands in the Western Hemisphere. The American continents are henceforth not to be considered as subjects for future colonization by any European power. With the economic growth of Latin America and the Pacific the United States began to see the need for a more efficient and secure route to the east coast. The Isthmus of Panama was identified as that route and...
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...Ingenieria Comercial | Economic development in Panama between 1995-2010 | Taller de Economía Empresarial | | José Venegas Rojas | | Professor: John Cobin Santiago, Chile 2013 I. - Introduction. The controlling purpose of this paper is to review the academic literature about the economic development of Panama between 1995-2010 in Panama City. Panama is among the twenty economies which have grown the most in the past ten years, according to the World Bank, which curiously matches giving ones the administration of the Panama Canal by the United States to Panama in 1999. Most of the buildings in Panama City were built around 2000 and in order to observe this change, the financial statements of the country when it still belonged to the United States, will be analyzed so that it can be possible to consider a factor in the economic development in this country. On December 31, 1999, at midday the Panama Republic took administrative control of the Panama Canal after a long process of negotiation which started in 1977 with the signing of the Treaty between the President Jimmy Carter from the United States and the Panama president Omar Torrijos. This Treaty stated that it was an important issue that Panama guaranteed the neutrality of the Canal. This step of command happened after almost eighty-five years of diplomatic negotiations between the US and Panama. Many Panamanians considered the administration of the Panama Canal as its Third Independence after Independence...
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...The Current Status and Future Prospects of the Third Party Logistics Industry in North America: The 2015 3PL CEO Survey Dr. Robert C. Lieb Professor of Supply Chain Management D’Amore-McKim School of Business Northeastern University Boston, MA Dr. Kristin J. Lieb Associate Professor of Marketing Communications Emerson College Boston, MA January 2016 The Current Status and Future Prospects of the Third Party Logistics Industry in North America: The 2015 3PL CEO Survey This paper is based upon a 2015 survey of the CEOs of 15 of the largest thirdparty logistics companies serving the North American marketplace. The survey was the 22nd iteration of this annual study, and it addressed such topics as the major dynamics driving change in that marketplace and the opportunities and problems facing 3PLs in that region. It also focused on such issues as the recent wave of largescale mergers and acquisitions in the 3PL industry, shipper and 3PL problems related to labor problems at West Coast ports, E-commerce marketplace dynamics and their impact on 3PLs, Amazon’s continued expansion into logistics services and the possibility of Uber offering 3PL-like services. The CEOs also provided one-and three-year forecasts of company and regional 3PL industry revenue growth, while identifying the major changes they believed would occur in the regional 3PL industry during the next year. The implications...
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...ased on research done in other countries across the world results have shown that the logistics hub have negative impact on the environment in the initial stage but turns out to be beneficial to the economy as it provides jobs, education ,foreign investment and other investment opportunities. This paper seeks to examine the kind of impacts the Logistics Hub would have on the economy and environment if any, where and who will feel the impacts of the Logistics Hub if implemented and how the Logistic hub will be beneficial to the Jamaican Tourism Product. The main objective is to gather all the data in the printed press, all articles and interviews and written documents on the Logistic Hub and appraise the value and correctness of information...
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...Core competencies, however, are characteristics of the organization as a whole. Libraries can utilize core competencies as a tool to develop and provide superior services. A description and review of the concepts of core competencies are included and a framework for their development and use is given. The concept of core competencies was developed in the management field. Prahalad and Hamel (1990) introduced the concept in a Harvard Business Review article. They wrote that a core competency is "an area of specialized expertise that is the result of harmonizing complex streams of technology and work activity." As an example they gave Honda's expertise in engines. Honda was able to exploit this core competency to develop a variety of quality products from lawn mowers and snow blowers to trucks and automobiles. It is important to distinguish between individual competencies or capabilities and core competencies. Individual capabilities stand alone and are generally considered in isolation. Gallon, Stillman, and Coates (1995) made it explicit that core competencies are more than the traits of individuals. They defined core competencies as "aggregates of capabilities, where synergy is created that has sustainable value and broad applicability." That synergy needs to be sustained in the face of potential competition and, as in the case of engines, must not be specific to one product or market. So according to this definition, core competencies are harmonized, intentional constructions...
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...The Baltic Dry Index as an Indicator of Global Economic Health Patrick Carroll Embry Riddle Aeronautical University Abstract The purpose of this paper is to demonstrate the predictive qualities of the Baltic Dry Index and how it can be used as an indicator of potential economic activity. That by watching an index that deals with the cost of transporting raw materials it will signal both an upcoming rise and decline in the GDP . The very nature of the BDI prevents it from being manipulated by governments or other outside entities and since the supply of ships to haul materials is for all purposes inelastic, it is a true indicator of economic activity as the index will rise with demand as well as decline when there is a surplus of ships available. What is the Baltic Dry Index? The Baltic Index has roots all the way back to 1744 where ship captains and merchants would meet to discuss business deals at the Virginia and Maryland Coffee House in London. It later changed its name to the Virginia and Baltick to represent a more accurate description of the trading routes frequented by its customers. (The Baltic Exchange) Eventually in 1823 it adopted a more formal atmosphere that required membership with strict requirements. Fast forward to 1985, this is the birth of the Baltic Index as it is known today. The index is essentially an average cost of what shipping companies charge to ship dry goods in bulk such as wheat, coal, ore, and so forth. It is compiled daily and is an excellent...
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...The Resilience of the Railroad Industry Lindsay Millar, Jessica Settlecowski & Mike Gawel MGT 674 March 23, 2013 The history and resilience of the railway industry is rather remarkable as it has helped shape the landscape and the formation of the United States. Railways allowed colonies to settle in the West and the country suddenly became connected from coast to coast. This encouraged the exchange of goods and stimulated the development of towns and communities along track lines. Soldiers were shipped directly to the forefront of battleground lines and supplied with a constant flow of ammunition. Most importantly, trains were the steam engine that fueled the industrial revolution. The railway industry’s history is rich with experience and wise with age, as it has survived many seemingly insurmountable obstacles, including: the Great Depression, civil war, the advent of automobiles and airplanes and federal regulation. Federal regulation took the largest toll on the industry as it restricted the ability of the industry to adapt to future demands and market requirements. The growth of rail was stunted by 100 years of federal regulation and since the Staggers Act of 1980 which led to deregulation, the industry has been struggling to recover. After the implementation of the Staggers Act the industry has undergone serious reconstruction which has increased the overall performance and reliability of rail. As service levels improve the demand for low rates and large capacity...
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...My family history is rather colorful on both sides of my family. Both my Mother and Father’s side of the family have a rich history that has been fairly documented through physical and oral tradition. In this paper, I hope to fit in what I can about both sides of my family. Starting with my Father’s side of the family, the Bloomberg’s come from Stockholm, Sweden. My Great-Great-Great Grandfather John Bloomberg immigrated to the United States in the late 1890’s and had their name changed to Blomberg; oddly enough most other Bloomberg's who immigrated to the United States kept their last name the same. He also immigrated with his brother, although not much is known about him. After his brother moved to America, he made his way down to Brazil...
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...South America GEA1000 Josslen Leonard South America GEA1000 Josslen Leonard...
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