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Imagine a major highway with poorly timed traffic lights. Everything slows down, causing delays and frustration. Ports in the United States are like those highways, and excellent container cargo operations are like well-timed traffic lights. They keep everything moving smoothly and efficiently. This is important beyond port terminals because they are major economic hubs, handling a… Read More
BALTIMORE — On Monday night, the Baltimore City Council put forth a bill to prime Baltimore for potential economic recompense following the Francis Scott Key Bridge collapse in March. “[The bill] provides the city the opportunity to pursue actions moving forward, for the best interests of Baltimore,” Nick Mosby, president of the Baltimore City Council, told WMAR…. Read More
Port Houston has received approval from the US Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) to handle cold treatment cargo. The approval enables Port Houston to receive and manage shipments that complete the prescribed cold treatment process while in transit on the water, significantly enhancing the port’s operational capabilities and service… Read More
A global IT outage caused by a glitch in Microsoft’s cloud computing services grounded thousands of flights worldwide Friday morning, disrupting the flow of air cargo and potentially throwing a wrench in freight movement across sea and land. The “big three” domestic airlines—American Airlines, Delta and United—paused their global flight schedules for multiple hours, while cargo handling operations at… Read More
You might have guessed the Port of Baltimore is off to the worst start this year among the nation’s leading airports, seaports and border crossings. A container ship hit the Francis Scott Key Bridge at the port entrance in April, causing the center span to collapse and all but eliminating trade until early June. But… Read More
BALTIMORE, MD – Tradepoint Atlantic (TPA) and Terminal Investment Limited (TiL) today announced the release of an economic impact study conducted by Infrata that finds that Sparrows Point Container Terminal (SPCT) will have a significant, generational impact on the State of Maryland. By 2035, SPCT is projected to add an additional $1.54 billion annually in benefits… Read More
The U.S. Navy has exonerated 256 Black sailors who refused to go back to work after an explosion that killed hundreds of people in 1944, the military service announced Wednesday. The blast that happened at the Port Chicago naval weapons station in California killed 320 people and injured 400 more. Mostly Black personnel and white officers… Read More
ILA President Harold Daggett Says Threat of October 1st Strike At Atlantic and Gulf Coast Ports Growing More Likely As Current Contract With USMX Expires in 80 Days NORTH BERGEN, NJ – (July 12, 2024) The leader of the International Longshoremen’s Association says the threat of a strike at all Atlantic and Gulf Coast Ports… Read More
NEW YORK –S&P Global Ratings assigned its ‘AA-‘ long-term rating to the Port of Seattle’s approximately $172 million series 2024A (non-AMT) intermediate-lien revenue refunding bonds and approximately $667 million series 2024B (AMT) intermediate-lien revenue and refunding bonds. The outlook is stable. Bond proceeds from series 2024A and a portion of the series 2024B will refund… Read More
The U.S. Coast Guard documented more than 200 ships losing power, propulsion, steering or suffering equipment failures since March 26. That’s the day a drifting cargo ship struck and collapsed Baltimore’s Key Bridge. The NTSB’s initial findings into the collision and Key Bridge collapse show the 112,000-ton cargo ship Dali lost power and control as… Read More
NORTH CHARLESTON, S.C. – Officials with the South Carolina Ports Authority are always monitoring traffic volume to determine what’s working. New data reveals that in fiscal year 2024, the ports saw a total final period container volume of more than $1.3 million. That’s actually down 3.5% from 2023 but port leaders say numbers fluctuate a… Read More
An upcoming addition to the Port of Baltimore will generate 8000 new jobs and add $1.5 billion to Maryland’s GDP, the groups behind the project said today. Tradepoint Atlantic and Terminal Investment Limited released the results of an economic impact study showing that the Sparrows Point Container Terminal is projected to hit those economic benchmarks… Read More
US port operators are opposing the Biden administration’s plan to impose a 25% tariff on Chinese-made ship-to-shore (STS) cranes, arguing it would harm port productivity and raise costs for consumers. The National Association of Waterfront Employers (NAWE) contends that the tariffs won’t deter manufacturers and could limit ports’ ability to handle larger ships. They also dispute cybersecurity… Read More
The California Governor’s Office of Business and Economic Development is funding 10 technology projects at some of the nations busiest containerized import stations. The California Governor’s Office of Business and Economic Development on Thursday announced it will award $27 million to support data system development and interoperability across five ports that handle 40% of all of the… Read More
The Ports of Los Angeles and Long Beach are pouring $25 million into new charging infrastructure for electric heavy-duty drayage trucks as California forges ahead with its long-term electric vehicle mandates. The San Pedro Bay ports will partner with regional air quality agencies to install 207 charging units at eight sites in Southern California in a project that will… Read More