Maritime cargo activity at the ports of Seattle and Tacoma supported 48,100 direct, indirect and induced jobs and $4.1 billion in income and re-spending in the region, according to a study released Tuesday by Martin Associates.
Florida East Coast Railway is preparing for completion of the Port of Miami’s harbor-deepening project in the fourth quarter of 2015 by purchasing new equipment and locomotives and offering expedited services to population centers in the Southeast.
Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.
Several industry associations representing private port terminals throughout Brazil and private terminal operators inside organized port areas were quick to condemn a law intended to clear up irregularities and inconsistencies in an infrastructure improvement plan.
Maersk Line has announced low-sulfur surcharges of up to $160 per 20-foot container on the North Atlantic and lesser amounts on other trade routes to offset the cost of complying with regulations requiring ships to switch to cleaner fuels in 2015.
Toyota will use the Port of Savannah’s Ocean Terminal for exports of several thousand Highlander sport-utility vehicles annually from the automaker’s Princeton, Indiana, plant to Australia and New Zealand.
The Philippines-based International Container Terminal Services, Inc. (ICTSI) will speed up construction of new yard facilities and an inland container depot at its flagship Manila terminal, boosting the yard capacity by more than 20 percent.
The U.S. Army Corps of Engineers and the Port of Seattle Monday signed an agreement to split the cost of a feasibility study for the deepening of the east and west waterways to 55 feet from the current depths of 34 and 51 feet.
Bunker fuel prices in Rotterdam, a global indicator, held steady this week though the charge per metric ton is historically lower than in previous years.
Old Dominion Freight Line is expanding its U.S. intermodal drayage network at ports and inland railheads, strengthening the less-than-truckload carrier's connections with global shippers.
Shippers need to think about end-to-end power costs, not just fuel prices, when designing supply chains, speakers at the CSCMP meeting said. Those costs, they warn, could become more volatile.
Ocean container carrier Hamburg Sud is opening a sales office in Gandhidham, India, to cater to the needs of its regular ship calls at the growing ports of Mundra and Pipavav.
On the back of yet another record-setting volume month at the Port of Savannah, the board of the Georgia Ports Authority is moving forward with measures to help the Savannah deal with the added volumes.