Hyundai Merchant Marine said it will sell 49 percent stakes in two U.S. West Coast terminals to U.S. private equity firm Lindsay Goldberg for $140 million.
Port of Tacoma
Port of Tacoma
24 Apr 2014
CHICAGO — The Canadian ambassador to the U.S. yesterday said the United States should use all of its harbor maintenance taxes for U.S. port work and shouldn’t impose a fee on U.S.-bound containers coming through Mexican and Canadian ports.
22 Apr 2014
The Port of Tacoma is working with the two western railroads, its local provider (Tacoma Rail), cargo transloaders, Washington State exporters and trans-Pacific ocean carriers to enhance intermodal rail service from the port.
21 Apr 2014
The ports of Seattle and Tacoma offer advantages to shipping lines that many ports would love to have — naturally deep water, more than enough container-handling space and excellent on and near-dock intermodal rail infrastructure. But in order to take full advantage, the ports are faced with a stark reality: they must invest heavily to upgrade facilities that were designed for vessels that are half the size of the ships with capacities of 8,000 to 10,000 20-foot container units that carriers are already beginning to deploy in their Pacific Northwest services.
18 Apr 2014
The Puget Sound ports of Seattle and Tacoma face battles on multiple fronts.
07 Apr 2014
The likely emergence of the P3 Network in the second quarter of 2014 will drive the strategic plans of West Coast ports in 2014 and beyond.
03 Apr 2014
Container volumes at North American West Coast ports declined in February as factories in Asia closed for the Chinese New Year celebration.
11 Mar 2014
The ports of Seattle and Tacoma can each gather information on their operations, facilities and rates, and share the data with the other after the Federal Maritime Commission unanimously approved the discussion agreement last week.
27 Feb 2014
The ports of Seattle and Tacoma saw year-over-year drops in container volumes in January, while the Port of Virginia recorded a 5.4 percent gain...
04 Feb 2014
Container volumes moving through West Coast ports in 2013 increased 2 percent compared to 2012. Loaded import containers also increased 2 percent, as did loaded export containers, according to numbers posted on the website of the Pacific Maritime Association.
25 Jan 2014
Combined container volume at the ports of Seattle and Tacoma fell 7.6 percent in December from a year earlier to 278,163 TEUs, continuing a slide that began in February.
20 Jan 2014
Responding to intense competitive pressures in the maritime industry, the ports of Seattle and Tacoma today filed a discussion agreement with the Federal Maritime Commission that would allow them to gather and share information on operations, facilities and rates.