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.
United Arab Shipping Co. expects that as mega-alliances increasingly consolidate the container shipping market, freight rates will stabilize, which could be bad news for shippers.
Ryder System is expanding its inland distribution network in Mexico, starting with a transloading center for Chrysler at the Gulf Coast Port of Altamira.
Chassis shortages, huge cargo discharges from big ships and a labor force that is stretched to the limit are contributing to a congestion problem that Los Angeles-Long Beach can’t seem to shake. But chassis are the main culprit, executives say.
Port Canaveral has been cleared by the Treasury Department to proceed with the 35-year lease of the Florida port’s planned container terminal to United Arab Emirates-based Gulftainer.
The East Coast's fastest-growing port could double its capacity in the next 10 years and plans to knock out all U.S. East Coast competition along the way.
Australian dockworkers are planning to walk off the job next week at DP World terminals in Melbourne and Sydney as part of a contract dispute, according to a report.
The blossoming economy in Morocco is presenting opportunities for port investment, and officials are hoping good news could spur up to $8 billion in new port infrastructure.
This week’s intermodal volume was a record high for U.S. railroads, breaking the previous record set the week before, according to the Association of American Railroads, again signaling that the peak season is revving up for intermodal shippers as the ocean peak subsides.
Volumes at Port of Miami continued to dwindle in July, newly released numbers show, but port officials are hoping that throughput volumes will be boosted in subsequent months by new customers and improved trade opportunities.