The Mexican government is pumping $5 billion — more than 77 billion pesos — into its network of 117 ports, as the country’s rising middle class demands more imports and Mexico rises as a regional manufacturing powerhouse.
U.S. containerized exports to the east coast of South America will shrink in 2015 by 2.4 percent from the prior year, thanks to unfavorable exchange rates between the Brazilian real and dollar, and subdued demand from Latin America’s biggest economic engine.
Container volumes at the Seattle-Tacoma gateway in March surged by 21 percent compared to March 2014, demonstrating that the Pacific Northwest ports are quickly recovering from the port congestion that accompanied four months of work slowdowns.
Throughput jumped 7.2 percent year-over-year at the port of Rotterdam in the first quarter, driven in part by strong container traffic at Europe's largest port.
Nunzio LaGrasso, a former International Longshoremen’s Association official in New Jersey, was sentenced this week to state and federal prison terms for his role in an organized-crime scheme to extort money from union members.
The Port of Virginia plans in June to start pilot testing of a trucker appointment system it hopes to eventually implement port-wide.
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
APM Terminals at India’s Port of Nhava Sheva, or Jawaharlal Nehru Port Trust, said its terminal gates are operating normally and that truck queues outside the terminal are not “unusually” long.
Duisburg, the world’s biggest inland port, boosted container traffic by 13 percent in 2014, outperforming its bigger rivals in the Le Havre-Hamburg range.
The almost complete cessation of liner services at the Port of Portland will add significantly to inland transportation costs incurred by exporters of agricultural and forest products in Oregon and Idaho, the executive director of the Agriculture Transportation Coalition said Thursday.