Redeveloping land around the city’s planned rail transit stations could involve contaminated industrial sites, so a group of government and private-industry officials plan plans to educate landowners, developers, real estate brokers and the public about improving such property.
Representatives of the city’s rail project and state Department of Health are hosting a free conference on environmental issues and development opportunities around rail station sites on Tuesday from 8:30 a.m. to 4 p.m. at Neal Blaisdell Center.
Participants are scheduled to include Keith Kawaoka with the Department of Health and two rail project officials: Brennon Morioka, deputy executive director of the Honolulu Authority for Rapid Transportation, and Harrison Rue, the city’s administrator for transit-oriented development.
The workshop is also sponsored by the U.S. Environmental Protection Agency, the Center for Creative Land Recycling and the American Planning Association.
“Because many areas along the rail line and stations have a history of heavy industrial activities, it is essential that landowners make sure their property is safe for redevelopment,” Kawaoka, deputy director of environmental health, said in a statement. “This workshop will help them understand these issues, their responsibilities and the resources available to help them get the job done.”
The forum, which will be streamed live online, is open to the public but requires registration. To register for attending or watching online, visit bit.ly/1Li82x6.
FedEx to hire 55,000 seasonal workers
DALLAS >> FedEx reported disappointing results for its latest quarter, and the delivery giant cut its full-year profit forecast on weaker demand for freight services and higher costs in its ground division.
The company also said it plans to hire more than 55,000 seasonal workers for the holidays, an increase of at least 5,000 over last year.
FedEx Corp. said that it expects to earn between $10.40 and $10.90 per share for the fiscal year that ends in next May, down 20 cents from an earlier prediction. Analysts expected $10.84 per share, according to a survey by FactSet.
The reduced outlook comes despite cost-cutting moves, growth in online commerce and upcoming price hikes. Rates for express, ground and freight shipments will rise by an average 4.9 percent on Jan. 4, and surcharges for oversize packages will go up in November, before the peak holiday season.
In the quarter that ended Aug. 31, FedEx earned $692 million, up 6 percent from a year earlier. Earnings per share amounted to $2.42, short of the $2.44 per share average forecast of 12 analysts surveyed by Zacks Investment Research. Revenue rose 5 percent, to $12.3 billion. Six analysts surveyed by Zacks expected $12.23 billion.
Delta raises pay 14.5% for many employees 14.5%
ATLANTA >> Delta Air Lines Inc. said Wednesday it will raise pay for flight attendants and ground workers by 14.5 percent in December and increase matches of employee contributions to retirement accounts.
The airline also will change the profit-sharing formula in a way that could boost payouts after lean years but might reduce them after highly profitable years such as 2014.
The International Association of Machinists and Aerospace Workers, which is trying to organize Delta flight attendants, said raises were overdue. Only 18 percent of Delta workers, mostly pilots, are unionized, the lowest rate among the leading U.S. airlines.
Apple upgrades products and batteries
NEW YORK >> Apple’s iPhones and iPads received free software updates Wednesday, including battery improvements and a smarter virtual assistant.
The new features and capabilities in the update, iOS 9, are primarily refinements rather than anything transformative. But the new software is still worth getting, especially as new apps often require the latest version to work.
Apple Watch was supposed to get a software update Wednesday, but that was delayed because of a bug. A separate Mac update — El Capitan — is coming out this fall.
Consumer prices dipped 0.1% in August
WASHINGTON >> U.S. consumer prices edged down in August, marking the first decline in seven months and fueled by a big drop in gasoline prices.
The Labor Department said Wednesday its consumer price index slipped 0.1 percent in August after a small 0.1 percent rise in July. Gas prices dropped 4.1 percent amid the recent fall in global oil prices.
Annual automotive Oktoberfest moves
The ʻOkakopa Hoʻolauleʻa fundraising event will have a new location this year, at Makers & Tasters Kakaako, the new waterfront food truck venue at Kewalo Basin.
The Oct. 4 event, from 11 a.m. to 5 p.m., is staged to raise funds for Hawaii public school projects and programs by the Mercedes-Benz Club of America Hawaii Section, as well as other automobile clubs and dealerships.
The event includes a car show with two judging classes, an interclub competition, entertainment, vendor booths and exhibits, and Oktoberfest-style food and drink.
Registration for competition in the Show and Shine Class ($20) or the Concours Class ($30) is required, and the deadline is Sept. 25.
Registration can be completed online at okakopafest.org, where additional contact information can be found.
On The Move
Bank of Hawaii has announced the following new vice presidents:
>> Andrew Blaser has been appointed to vice president and finance and administration manager of credit cards. Prior to joining the bank, Blaser served as a vice president at Skyline NY Management Solutions in White Plains, N.Y., as well as in Bank of America’s Leadership Development Program in Charlotte, N.C., and in Irvine, Calif.
>> Jenni Maiava, a project management officer, has been promoted to vice president from assistant vice president of the Project Management Office. She joined the bank in 2012. Maiava was previously in program and project management at Providence Health & Services in Olympia, Wash.
>> David Okamoto has been appointed vice president and senior portfolio manager of investment management services. Prior to joining the bank, Okamoto was acting chief investment officer and investment manager for the Office of Hawaiian Affairs.
Ship Ahoy!
Thursday’s ship arrivals and departures:
Honolulu Harbor |
AGENT |
VESSEL |
FROM |
ETA |
ETD |
BERTH |
DESTINATION |
ISS |
Disney Wonder |
— |
— |
5 p.m. |
2B |
Kahului |
MNC |
Mokihana |
Long Beach, Calif. |
6 a.m. |
— |
52A |
— |
WNLI |
Horizon Reliance |
Los Angeles |
12:30 a.m. |
— |
51A |
— |