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Port Houston reached a total of 313,452 TEU during February, reflecting a 15 per cent increase compared to the same month last year. Year-to-date volumes are up 6 per cent to 633,442 TEU. Though Port Houston experienced growth throughout the first two months of 2023, recently its terminals are beginning to see some softening in import demand consistent… Read More
The Georgia Ports Authority has agreed to spend $170 million on 55 hybrid-engine rubber-tired gantry cranes to outfit the Port of Savannah’s Ocean Terminal, as it is redeveloped into an all-container facility. “This significant investment in new equipment will help prepare the Port of Savannah to handle more ships and cargo while maintaining the world-class… Read More
The Georgetown County Council unanimously approved a resolution March 28 to acknowledge its approval of the impending transfer of the Port of Georgetown from the South Carolina State Ports Authority. A proviso approved in the state budget for fiscal 2022-23 requires County Council and the state ports authority board of directors to each approve the… Read More
MSC Mediterranean Shipping Co. is adding its fifth container service at JaxPort, the Jacksonville Port Authority announced March 23. The Switzerland-based company will offer the direct, biweekly container service with seven Northern Europe destinations starting in late April at JaxPort, the port said in a news release. MSC Mediterranean’s ScanBaltic service to the U.S. focuses… Read More
HOUSTON–(BUSINESS WIRE)–The Greater Houston Port Bureau (“Port Bureau”) Board of Directors is pleased to announce the appointment of Captain Eric Carrero as President. Captain Carrero has 26 years of service in the U.S. Coast Guard (“USCG”) and currently leads the Waterways Management Division for the USCG’s Eighth District, which encompasses 26 states and some of… Read More
Gulf Coast ports in Houston and New Orleans reported strong cargo volumes in February as plastics and resins helped drive exports of loaded containers. Port Houston sees import growth slowing but exports rising Port Houston container volume in February rose 15% compared to the same month last year to 313,452 twenty-foot equivalent units. “Our cargo activities… Read More
First, we didn’t have enough goods. Then, we had too many. Now, 43% less imports were processed at the Port of Los Angeles in February compared to the same time last year. The only other time imports at the port have been this low was March 2020, the beginning of the COVID-19 pandemic. “I’m very… Read More
FLORENCE — While many US ports struggled with supply chain problems during the COVID-19 pandemic, South Carolina ports — specifically the Port of Charleston — seized the opportunity to improve. The Port of Charleston jumped from the ninth to the eighth largest port in the country and knocked the Port of Oakland down one in doing… Read More
A coalition of 238 national, state and local trade associations — including American Trucking Associations — wrote to President Joe Biden on March 24, urging the administration to take a more active role in the West Coast port labor negotiations. The contract talks involve the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime… Read More
February volumes at Port Houston remained solid compared to last year, though an expected softening of demand is beginning to be seen in Houston. A total of 313,452 twenty-foot equivalent units (TEUs), or a 15% increase compared to the same month last year were handled during the month. Year-to-date volumes are up 6% to 633,442… Read More
The Jacksonville Port Authority received a $35 million refund in untouched funds from its 11-mile, $420 million harbor deepening project. Officials from the Army Corps. of Engineers presented a check to JaxPort during its March 27 board meeting. Port officials announced in May 2022 that the four-year effort to dredge the 11-mile federal shipping channel… Read More
The Port of Los Angeles processed 487,846 Twenty-Foot Equivalent Units (TEUs) in February, a 43% decrease from the previous February’s all-time record. “February declines were exacerbated by an overall slowdown in global trade, extended Lunar New Year holiday closures in Asia, overstocked warehouses and a shift away from West Coast ports,” said Port of Los… Read More
Enstructure, a leading U.S. marine terminal and logistics company, announced today that it has acquired Richardson Companies (“Richardson”). Founded in 1969, Richardson is a premier terminal and logistics company with primary operations in Port Houston and the Port of Mobile. Richardson is an industry leader in breakbulk operations, handling a diverse mix of breakbulk cargoes, including… Read More
As anticipated, US container imports in February were massively down from the highs of the previous year, with US west coast ports in particular suffering a huge 37% drop. According to the McCown report, which covers the top ten US container ports, import throughput last month fell a record 28%, to 1,454,438 teu, the lowest… Read More
Fears of a slowing economy are leading to fewer containers moving across the Charleston waterfront, with the State Ports Authority reporting a nearly 13 percent decline in February compared to the same month a year ago. Imports, which drove port traffic throughout the pandemic as homebound consumers went on a spending spree, took the biggest… Read More