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
It would be a convenient story line to link one of the major reasons for this winter’s gridlock at the ports of New York-New Jersey and Los Angeles-Long Beach to deficiencies in infrastructure. But the topic that yielded seaports a rare mention in last month’s State of the Union address is just one factor in the winter of discontent that users of the three largest U.S. ports are currently enduring. Of much more immediate impact is the anarchy surrounding chassis, and the root cause of that is to be found not on land but at sea.