Standing on the stage at this month’s TPM Conference, Matthew Shay delivered a pointed message to those responsible for months-worth of delays, millions of dollars in lost retail sales, and the loss of jobs and export opportunities: “Enough is enough! The interest of thousands” can no longer threaten the livelihood of millions.
News & Analysis
02 Oct 2015
A federal appeals court has handed Maher Terminals the latest in a series of setbacks to the company’s effort to lower its rent on the largest container terminal in the Port of New York and New Jersey.
30 Sep 2015
Yilport Holding, the leading Turkish port operator, has reached agreement to take over Tertir, a Portuguese port and logistics company, with terminals in Europe and Latin America.
29 Sep 2015
International Container Terminal Services Inc. is investing heavily in construction and port equipment to improve productivity that will be required to deal with rising container volumes expected through its Manila and Subic import gateways.
28 Sep 2015
The DP World Caucedo transshipment hub in the Dominican Republic is moving forward with upgrades to accommodate the larger vessels that will be able to traverse the expanded Panama Canal next year and provide shippers with more warehouse capacity.
28 Sep 2015
The European Bank for Reconstruction and Development announced the acquisition of a minority stake in Turkish port operator, Global Ports Holding, just weeks after a near $1 billion Chinese investment in the country’s waterfront.
25 Sep 2015
The Port of Barcelona has announced a deal with Hutchison Port Holdings to extend the current 30-year concession HPH holds for operating Barcelona Europe South Terminal by 15 years in exchange for the operator investing $6.5 billion in automation to boost productivity, according to local newspapers.
24 Sep 2015
The Philadelphia Regional Port Authority has issued a request for qualifications for proposed private-sector developers of a long-contemplated marine terminal on the site of the former Philadelphia Navy Yard.
22 Sep 2015
A coalition of truckers, cargo interests and trade organizations is preparing to ask the U.S. Federal Maritime Commission to restrict charges for late pickup or delivery of containers
22 Sep 2015
The Federation of Ship Agents’ Association of India, representing ocean carrier agents, claims APM Terminals-operated Gateway Terminals India may be violating its concession contract with the port authority, causing off-and-on labor disruptions at Jawaharlal Nehru Port Trust, India’s biggest container gateway.
21 Sep 2015
The Bolloré Group plans to spend $120 million to octuple the annual capacity of its container terminal in the port of Freetown, Sierra Leone, to 750,000 twenty-foot equivalents after volume rose 30 percent over the last four years.