Ports are the conduits through which international trade flows, be it through the air or on the ocean. They typically are composed of numerous terminals operated by public or private port authorities and operators. Among the biggest issues they face today, especially as ocean vessels reach record proportions, is dredging of harbors to ensure adequate depth.
News & Analysis
There’s been no shortage of turbulence on the West Coast lately, and more is in store with the midnight June 30 expiration of the ILWU contract. In addition, there has been mounting pressure on Pacific Northwest ports, seemingly caught in a vise between the western Canadian ports to the north and California to the south.