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
A bill that attempted to add a layer of legislative oversight to the governor’s picks for the Port of New Orleans board was officially sunk Monday with Gov. Landry’s veto pen. Senate Bill 89 by Sen. Joseph Bouie, D-New Orleans, would have required the Senate to approve the governor’s picks for members of the Board of… Read More
China is consolidating its control over critical logistical hubs in Brazil through its state-owned enterprises. Its latest move in Latin America was the acquisition of a 70% stake in Vast Infraestructura, which operates the Port of Açu’s only private transshipment terminal for very large crude carriers in Rio de Janeiro. The $714 million deal puts… Read More
Leaders at The Port of Los Angeles and Port of Long Beach focus on infrastructure projects as trade threats disrupt cargo So far this year, it’s been month after month of new records for the Port of Los Angeles and Port of Long Beach. Even as each port finalizes their May cargo numbers – which… Read More
Major shipping firms expected to challenge restrictions in Tecon 10 bidding The upcoming auction of the Tecon Santos 10, a massive container terminal planned for Brazil’s largest port in São Paulo, is likely to face legal challenges following restrictions imposed by the country’s Waterway Transport Agency (ANTAQ) on current port operators. The agency recently barred… Read More
