When competition spurs investment, shippers stand to benefit regardless of their port preference. A variety of factors — harbor depths, ocean services, on- and near-dock intermodal facilities, rail lift capacity, and inland reach — will determine where shippers will funnel Asia imports heading to Chicago and the Ohio Valley sweet spot farther east.
25 Jun 2015
Northern Nevada tops the list for shippers in advanced manufacturing interested in returning to or expanding existing facilities in the U.S., according to recent study from a national site-selection firm. And while the cost of logistics didn’t figure quantitatively into the firm’s ultimate rankings, total landed costs did.
19 Jun 2015
Preliminary studies for the proposed Jasper Ocean Terminal on the Georgia-South Carolina border will continue during the next fiscal year with $2.5 million in funding from the states’ port authorities.
15 Jun 2015
UPS Capital, a subsidiary of the same-named parcel carrier, recently announced its acquisition of Parcel Pro, the leading independent logistics provider for the jewelry, wristwatch and collectibles industries. Terms of the deal were not disclosed.
03 Jun 2015
CaroTrans is launching a new weekly less-than-container-load service between Southeastern U.S. and Japanese markets, cutting out transshipment and avoiding congestion at ports in Los Angeles and Busan.
21 May 2015
The Port of Savannah is ramping up its refrigerated cargo capacity after substantial year-over-year growth in reefer cargo at the Georgia port.
18 May 2015
The Port of Savannah posted record container volumes in April, a potential sign that shippers who were once looking for a temporary haven from U.S. West Coast port disruption may have found a more permanent home on the East Coast.
01 May 2015
Despite sluggish volumes, higher pricing helped boost first-quarter earnings to record levels, freight carrier Saia reported this week.
06 Apr 2015
Quick180, which uses algorithms and a web application to match an importer’s empty container with an exporter needing a box at an inland location, is expanding its service to the Port of Savannah.
23 Mar 2015
The Port of Savannah’s volume of loaded containers in February jumped 8.6 percent from a year earlier as the Georgia Ports Authority posted across-the-board cargo increases.
25 Feb 2015
The port of Savannah will add 10 electric-powered rubber-tired gantry cranes this summer, increasing the number of RTGs in the port’s container yard operations to 146. The RTGs continue a pattern of heavy investment that is credited with helping the port sidestep congestion that has plagued other ports.