Philadelphia, April 21, 2026 — The Board of Directors of PhilaPort has selected Rich Lazer as the next Executive Director and Chief Executive Officer of PhilaPort, ushering in a new chapter for one of America’s fastest-growing ports. Lazer will succeed Jeff Theobald, who announced his retirement in December after a decade of transformative leadership. Lazer is… Read More
The Panama Canal recorded an increase in transits and tonnage during the first half of Fiscal Year 2026, along with greater demand for its reservation system, reflecting the evolving dynamics of international maritime trade. These developments were shared during a market update hosted by Anna Milne, Managing Director of Emerging Markets Corporate Research at Bank… Read More
WASHINGTON, DC – Today, U.S. Representative Kweisi Mfume, U.S. Senators Chris Van Hollen and Angela Alsobrooks, and U.S. Representatives Sarah Elfreth, and Johnny Olszewski (all D-MD) announced $39,662,903 in federal funding for the Maryland Economic Development Corporation (MEDCO) to expand freight handling capacity at the Tradepoint Atlantic terminal within the Port of Baltimore. The investment supports… Read More
By Stas Margaronis Continued dredging issues related to U.S. Army Corps of Engineer (USACE) practices have frustrated the Port of Stockton’s ability to reach its legally mandated 35-foot draft undermining waterborne transport volumes of import and export cargoes, according to Kirk DeJesus, Executive Director, Port of Stockton. Resolving these challenges will increase cargo volumes and… Read More
Cargo throughput at the Port of Santos reached 16.9 million tonnes last month, a record for March and the second-best monthly result in the port’s history. In the year to date, throughput totaled 42.8 million tonnes, also a new record for the period. With that result, the first quarter of 2026 already surpassed the port’s… Read More