One of the pandemic’s biggest ripple effects was its disruption of supply chains, both global and domestic. Freight businesses move trillions of dollars in goods each year, and these disruptions can make it difficult for businesses to provide goods to customers. It can also force consumers to pay a premium for goods that are harder… Read More
Marysville Union County Port Authority approved the 2023 budget at its regular meeting last week. Eric Phillips, Economic Development Executive Director presented the budget to the board in a line-by-line overview which covered anticipated capital lease financing deals and net fee income from Ohio Laser, Sierra Marysville, and Vision Development, and the budget passed without… Read More
A coalition of environmental groups, including some from the Crossroads, declared victory in a dispute with a federal agency on Tuesday. The U.S. Army Corps of Engineers announced its intention to roll back an environmental statement it had finalized as part of its plans for the expansion of the Matagorda Ship Channel. The decision came after the… Read More
PTI now ranks the busiest ports in the United States as part of its continued coverage of the top ports in the globe. Following our ‘Top 10 Ports in China 2022’, we now turn our attention to North America. The US has the largest economy in the world, and this has largely been fuelled by the… Read More
Investment is one of many projects to promote goods movement fluidity and sustainable cargo growth The California Transportation Commission (CTC) approved $175 million in funding today for the 7th Street Grade Separation East Project (Project). The Alameda County Transportation Commission (Alameda CTC) partnered with the CTC and the City and Port of Oakland to advance… Read More
The Port of Savannah is set to transform its ocean terminal into a container-only facility in order to meet booming demand for boxship capacity. After a yearlong sustained surge in cargo volume, the Georgia Ports Authority (GPA) has unveiled a plan to upgrade and realign the docks at Savannah’s ocean terminal to accommodate its expanding… Read More
The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers. The Georgia Ports Authority’s governing board approved the project recently under a plan to expand Savannah’s capacity for cargo containers… Read More
Labour disputes at key maritime gateways are continuing to spread, increasing port delays and disrupting international supply chains, fuelled by an escalating cost of living crisis. While much attention has been focused on European and North American disputes, the wave of port strikes has been spreading to the southern hemisphere, South Africa, Chile and Australia… Read More
For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10 million cargo containers filled with goods for Americans and bringing in roughly half a billion dollars in revenue each year to the state of California. But for the past three months, the Port… Read More
By Judith Powers On December 5, the South Carolina Ports Authority celebrated the completion of its five-year channel deepening project, officially opening the new 52-foot channels with a gathering of participants and stakeholders at the Mount Pleasant Waterfront Park near the harbor entrance. Charleston is now the deepest harbor on the U.S. East Coast. Guests… Read More
Shipping giant CMA CGM Group has signed a binding agreement to acquire two container terminals in the Port of New York and New Jersey as part of the group’s efforts to strengthen its terminal operations and investment in the North American market. The investment comes at a time when the Port of New York and… Read More
Following a significant increase in throughput causing months of backlogs as containerships waited for berth space, the Georgia Ports Authority (GPA) has unveiled a plan to upgrade and realign port operations in the Port of Savannah. The U.S.’s fourth-busiest container port, Savannah has witnessed a substantial increase in throughput with August and October being its… Read More
It’s the direct vessel service that could open new doors for European business locally. It was a day of note for JAXPORT as the money came in to facilitate a long-discussed raising of power lines over the St. Johns River. The initial million dollars arrives in fiscal year 2023, with more than $16 million on the way… Read More
The Belledune Port Authority (BPA) has signed a Memorandum of Understanding (MOU) with Germany’s largest seaport, the Port of Hamburg, to collaborate on the movement of dry and liquid bulk commodities, and manufactured products, between Canada and Germany, with a focus on clean fuels and green products. The Port of Hamburg, located on the River… Read More
Lee Cranford stood on a grassy rise behind his office at the Virginia Inland Port and pivoted slowly, pointing into the near distance toward one massive building after another. Interbake. Sysco. Ferguson. Nature’s Touch. Toray. Axalta. Family Dollar. The companies trade in products as varied as frozen foods and plumbing supplies, but all rely on… Read More