Saturday, December 18, 2004

Moroun 2 Ambassador Bridge

The Ambassador Bridge is Detroit's lifeline to Canada. Sept. 11 turned the border crossing choke point into a major security risk.
The bridge crosses where the Detroit River bisects the U.S. and Canadian auto industries. It is 47 feet wide and less than 2 miles long, laid on suspended steel joists. It is 75 years, out-of-date, only has two lanes in each direction, sways in the breeze and its approach too steep.
None of the 130 other crossings to Canada is so perfectly placed. For tractor-trailers, the closest bridge is two hours north. $100 billion of goods go across the Ambassador every year--a quarter of the $400 billion in total trade with Canada; 40% of all truck shipments from the U.S. to Canada cross this span.
The story of why nothing has been done about it and it remains a prime target for terrorists is because of one man.
Matty Moroun is 77 years old, short and fat. His name is Manuel Moroun. He is 77 years old, short and fat. His Arab parents emigrated to Canada from Argentina and then slipped into the United States.
After 9/11 within days hundreds of National Guardsmen, police volunteers and U.S. customs and immigration agents descended on the bridge, forcing trucks to wait in line for up to 12 hours to be searched for any signs of terror. Traffic backed up for 15 miles. Yet even after the terror alert levels fell off, the jams have persisted.
His relationship with our national government? He has tied up one court case against the General Services Administration for 25 years.
Delays at the Ambassador and other crossings into Canada cost $800 million a month. If terrorists knocked out the Ambassador completely, the Michigan and Ontario economies could lose $3 billion a month. Losing only 800 million is considered a cost savings and a victory for the terrorists and Maroun who puts his own interests ahead of those of our great nation.
The Ambassador Bridge is a small but critical piece of Manuel Moroun's transportation empire, which include truck companies, logistics and customs brokerages. He also handles real estate, banking and insurance interests for properties near the bridge. His company’s name is CenTra.
Here are some parts :
Truckload shipping (Central Transport)
Revenue: $400 million
Full-truckload shipping (Mason-Dixon, Universal Am-Can, others)*
Revenue: $300 million
Freight coordination services (Logistics Insights)
Revenue: $250 million
Ambassador Bridge
Revenue: $60 million
Duty-free stores, gas station, other bridge-related income
Revenue: $40 million
Insurance, banking, customs brokerage
Revenue: unknown
He also holds a 40% stake in publicly traded PAM Transportation Services, with 2003 revenue of $294 million.
See how terrorism works now?
It’s very profitable for men like Manuel Moroun.
Visit these sites to see what your Homeland Security taxes pays for :
http://www.pamt.com/
http://www.centraltransportint.com/
http://www.uacl.com

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