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Allocation in President’s FY26 Budget HOUSTON– Port Houston is pleased the President’s fiscal year (FY) 2026 budget has allocated $161 million for the Houston Ship Channel Expansion – Project 11. In addition, the President’s FY26 Operation & Maintenance (O&M) budget allocated $53.6 million to the Houston Ship Channel, the nation’s No. 1 ranked waterway. These… Read More
CHARLESTON, SC — As the broader supply chain and global markets face a great deal of uncertainty, South Carolina Ports is supporting customers with reliable port service and creative solutions. “SC Ports is a well-run port with highly productive operations,” SC Ports President and CEO Barbara Melvin said. “We are proactively supporting our customers amid… Read More
The Little Rock Port Authority Board of Directors met June 18 and voted to reelect its officers. Clay McGeorge will serve as chair; and Stan Hastings will serve as vice-chair. Tamika Edwards will serve as treasurer. The officers were elected to a second, one-year term. “We are thrilled to have the continued leadership of Clay,… Read More
Port Houston recorded another month of steady growth in May, handling 381,640 twenty-foot equivalent units (TEUs), a 5% increase year-over-year. Year-to-date container volumes reached 1,837,813 TEUs, up 4% over last year. In May, both loaded container imports and loaded container exports increased by 1%, reflecting an ongoing balance in containerized trade activity in Houston. Beyond… Read More
Hans-Joachim Schramm, senior lecturer at the Vienna University of Economics and Business, noted that U.S. tariff policies have significantly driven up transportation costs, particularly for goods shipped in smaller volumes. “These additional costs are inevitably passed down the supply chain,” he said, “meaning that American consumers ultimately bear the burden of their own country’s tariffs.”… Read More
HOUSTON, June 18, 2025–(BUSINESS WIRE)–Port Houston is pleased the President’s fiscal year (FY) 2026 budget has allocated $161 million for the Houston Ship Channel Expansion – Project 11. In addition, the President’s FY26 Operation & Maintenance (O&M) budget allocated $53.6 million to the Houston Ship Channel, the nation’s No. 1 ranked waterway. These funds are… Read More
The Port of Los Angeles handled 716,619 TEUs in May, a 5 per cent decline from the same month last year, marking its lowest monthly volume in over two years. After 10 consecutive months of year-over-year (YoY) growth, cargo movement slowed due to the impact of tariffs on both imports and exports. Port Executive Director, Gene Seroka, said: “May typically sees higher… Read More
Louisiana Gov. Jeff Landry last week met with terminal operator Ports America CEO Matthew Leech and Terminal Investment Ltd. (TiL) CEO Ammar Kanaan to discuss progress on the Port of New Orleans‘ $1.8 billion Louisiana International Terminal (LIT) project. Led by the port in partnership with Ports America and TiL, the LIT project is designed to strengthen Louisiana’s multimodal infrastructure,… Read More
The Port of Long Beach experienced a significant 8.2% decline in cargo throughput in May, processing 639,160 TEUs as tariffs continue to impact global trade flows. The neighboring Port of Los Angeles also reported decreased volumes, handling 716,619 TEUs, marking a 5% reduction compared to the previous year. At Long Beach, imports fell 13.4% to 299,116 TEUs,… Read More
PORT ANGELES — Port of Port Angeles commissioners approved a provisional cost-sharing and cooperation agreement that outlines the funding, coordination and decision-making process related to the cleanup of western Port Angeles Harbor. Under the agreement, approved unanimously on Tuesday, the port and five other entities identified as potentially liable parties — the city of Port… Read More
Baton Rouge, LA — Governor Jeff Landry today reinforced his strong support for the Louisiana International Terminal (LIT), a transformative project led by the Port of New Orleans in partnership with Terminal Investment Limited (TiL) and Ports America—an alliance poised to create thousands of jobs, boost global trade, and secure Louisiana’s standing as a Gulf Coast… Read More
US ports face almost $7 billion in tariff costs under the Trump administration’s proposed levy on Chinese container cranes, according to the American Association of Port Authorities (AAPA), which has joined other stakeholders in calling for a delay to allow a domestic crane industry to develop before cutting China out of the market. AAPA delivered… Read More
The 35-year dream of widening the Corpus Christi Ship Channel and deepening it to 54 feet from the old 47 feet is at long last a reality. The $625 million project also has spurred marine-terminal owners in Corpus Christi and Ingleside to undertake — or at least consider — major dock and dredging projects that… Read More
Thanks to support by congressmen Randy Weber, Mike Collins and many Port of Galveston partners, Galveston Harbor has received critical maintenance dredging funding for Fiscal Year 2025. Congressman Weber announced recently that Congress approved $47,975,000 in the U.S. Army Corps of Engineers budget for Galveston Harbor and the entrance channel to Galveston Bay. This may… Read More
As President Donald Trump’s tariff wars heat up, Virginia businesses and the industries that support them are feeling the burn. That’s according to the Virginia Advisory Committee on International Trade that met in Richmond Tuesday. When the committee last met in April, the word of the day was uncertainty. And according to Riverwind Advisors investment firm… Read More