In the brutal war for cargo that is underway in today’s world of powerful shipping alliances, the last thing the Southern California ports want to do is subsidize competitors by helping them pay to deepen their ports, the president of the Long Beach Harbor Commission said yesterday.
Port of Charleston
01 Apr 2014
South Carolina’s new inland port at Greer will get a big increase in the volume of autos and containers it handles for rail shipment to and from the Port of Charleston over the next couple of years. The leg up will come from the $1 billion investment that BMW announced March 28 to expand production at its automobile plant in nearby Spartanburg over the next two years.
26 Mar 2014
The volume of all containers handled by U.S. and Canadian East Coast ports in the fourth quarter of 2013 increased by 4.4 percent year-over-year to 4.2 million 20-foot-equivalent units, according to port-published data collected by the JOC.
24 Mar 2014
South Carolina’s Port of Charleston handled 129,657 TEUs in Feburary, down 1.5 percent year-over-year.
20 Feb 2014
The Los Angeles-Long Beach port complex got off to a “flat” start in 2014, in contrast with the “strong” numbers posted by the ports of Savannah and Charleston in January.
03 Feb 2014
Prospects for East Coast ports are brightening, especially on the export side, as the global economic recovery fuels demand for everything from automobiles to grain and forest products. But a number of variables could disrupt the ports’ projections, on the upside and the downside.
28 Jan 2014
Forecasts of freezing rain and icy roads and bridges forced the closure today of several U.S. Southeast ports, including Houston, New Orleans, Mobile and Charleston.
28 Jan 2014
With global demand for huge earthmoving tires growing 20 percent over the last four years, Michelin needed to expand production at its seven existing earthmoving tire plants around the world. After a global search, it decided to invest $750 million in South Carolina, both to build a new plant, called US-10, in Anderson and expand its existing plant in Lexington.
23 Jan 2014
South Carolina’s Port of Charleston handled more than 1.6 million TEUs for the full year of 2013...
17 Dec 2013
Strong exports at South Carolina’s Port of Charleston drove a 6.1 percent year-over-year increase in container traffic in November.
10 Dec 2013
The advent of the P3 Network and the likely expansion of other mega-alliances among the top 20 container lines mean that vessels with capacities of 8,000 to 10,000 20-foot-equivalent units will become the workhorses of the U.S. container trades, according to Jim Newsome, president and CEO of the South Carolina Ports Authority.
26 Nov 2013
The plan by Maersk Line, CMA CGM and Mediterranean Shipping Co. to form the world’s largest vessel-sharing alliance, which would control about 25 percent of the container volume in the trans-Pacific, presents great opportunity for U.S. ports, but also significant competitive risks.