Thread: Arab run ports in the US

I don't necessarily disagree with your sentiments but you need to beare in mind that this is not a new phemonenon. Foreign interests have been operating and managing (some not all) US ports for more than 20 years. Generally, they do it well and they do it cheaper than most US firms can or are willing to do. For better or worse, that's the definition of capitalism. Business (and profits) flow to the firms that can deliver good quality products, at the best prices (ask Honda). Of course security must be a consideration, but in the instance of port management, port security is the responsibility of a separate group and has plenty of oversight. Assuming the Arab interests in this situation are as greedy as their American business counterparts, then greed will almost certainly win out over nationalist interests. Just my 2 cents

CNN is reporting that the company is going to sell of the US portion of the contract to another investor.

I'd like for there to be an American company managing American ports, but thus far I haven't heard one step up to the plate.

Rich, still honemeister ??

WASHINGTON (CNN) -- A United Arab Emirates-owned company has agreed to turn over all of its operations at U.S. ports to an American "entity," Sen. John Warner said Thursday.