Seven of nine U.S. warships in a flotilla carrying 17,000 personnel, sail in the Gulf in this May 22, 2007 file handout photo released by the U.S. Fifth Fleet in Bahrain. Since 2000, the Navy has spent more than $1 billion to upgrade its record-keeping, but it still lacks the ability to account for ships, submarines and other physical assets. To match Special Report USA-PENTAGON/WASTE REUTERS/U.S. Fifth Fleet/Handout via Reuters (GULF – Tags: CONFLICT MILITARY BUSINESS MARITIME) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS
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By Gavin van Marle (The Loadstar) – Surging first-half volumes at the Los Angeles-Long Beach port complex saw the US west coast gateway overtake Hong Kong to become the world’s ninth...
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