| This year's Monterey Seminar, the 45 th as far as most people can recollect, was the first to be held under the joint sponsorship of the Transportation Club of San Francisco and the National Industrial Transportation League (NITL). It also made a switch of venues, moving from the long-used Hyatt hotel in downtown Monterey to the nearby Marriott. Although often referred to as "a good excuse for a game of golf "the Monterey Seminar is coming into its own as a transportation forum on the West Coast, balancing to some extent NITL's larger autumn business gathering generally held east of the Rockies. As NITL president Ed Emmett pointed out, both the Transportation Club and NITL have been putting a substantial effort into making the Monterey meeting a major event on the West Coast, as well as "putting some meat" into the subject matter. Their efforts have not gone unrewarded. This year's two-day gathering drew a good range of speakers with interesting and highly varied topics. The seminar's keynote speaker was Tim Rhein. Not unexpectedly, the APL chairman argued a case for the shipping industry's current anti-trust exemption under the Ocean Shipping Reform Act (OSRA). Although several NVOCCs might have held different views, Rhein said the regulations now in place under OSRA were "good" for the industry. "I think we have achieved an excellent balance," he said. "We're all better off with the present system."
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