ITS Logistics today released the November forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, changes in the index reflect the temporary agreement made between terminal operators and union officials to reopen port operations on the U.S. East and Gulf Coasts. Ocean container rail traffic off the U.S. West Coast also continues… Read More
Alaska’s congressional delegation announced on Tuesday that $104 million will go towards port and maritime infrastructure projects around the state. According to a joint press release from Sens. Lisa Murkowski and Dan Sullivan as well as Rep. Mary Peltola, the funding is spread across six coastal communities: Anchorage, Dillingham, Hoonah, Juneau, Kodiak and Saint Paul…. Read More
International Container Terminal Services, Inc. chairman and president Enrique Razon, Jr. blasted Maersk for delaying the privatization of Durban Container Terminal (DCT) Pier 2 in the Port of Durban in Africa Maersk subsidiary APM Terminals challenged the Transnet-ICTSI partnership to develop DCT 2, with a South African court temporarily blocking the deal Razon said the… Read More
Port of Antwerp-Bruges is set to kick off a roadshow in India from November 18 to 22, making stops in three major cities (New Delhi, Ahmedabad and Mumbai). This initiative aims to deepen the port’s relationship with one of its vital trading partners and the world’s fastest-growing economy. The port authority is joined by seven… Read More
Canal authorities outline $9B investment plan to double number of containers passing through waterway by 2045 HOUSTON — The global market for liquefied natural gas could face new obstacles if President-elect Donald Trump goes through with his proposed 60% tariff on imports from China, said Ricaurte Vasquez, administrator of the Panama Canal Authority (ACP). At the third… Read More
