The strong growth in US resin exports of the last two years could falter in 2020 as overseas production gets cheaper due to the fall in oil prices and demand weakens amid the global recessionary pressures from the coronavirus disease 2019 (COVID-19) pandemic.
Thursday October 22, 2020
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Hugh R. Morley
Hugh R. Morley
hugh.morley@ihs.com
Hugh R. Morley, Senior Editor JOC.com, covers the Ports of New York and New Jersey, as well as various East Coast ports, including the terminals, unions, port authorities and shipping associations. He has written on business for 15 years, covering a range of topics, from government oversight of business to corporate legal battles and the fierce inter-state competition for jobs and investment, and has been a journalist for 25 years. He has an MBA in global business.
More from Hugh R. Morley
The ports of Houston, Mobile, and New Orleans will likely find the strong growth they enjoyed in 2019 difficult to replicate this year as US ports confront the impact of coronavirus disease 2019 (...
Officials at the Port of New York and New Jersey say they don’t expect port marine terminals and area warehouses to experience as much of a space crunch as they and other East Coast ports were...
The Alabama State Port Authority has picked an industry veteran with experience in operations at the Port of Oakland and working at ocean carriers to lead the rapidly growing Port of Mobile into the...
Hapag-Lloyd says it will no longer absorb a contentious per-container charge levied on ocean carriers by the Port Authority of New York and New Jersey to raise tens of millions of dollars for road,...
A steep drop in cargo through Mexico’s ports in March is just one of several factors roiling the country’s logistics sector, which may see low freight volumes for months, executives say.
APM Terminals Mobile is betting that a just-completed $50 million expansion will enable the terminal to more easily schedule big ships and handle rising cargo volumes.
Longshore unions continue to assign work through hiring halls on the East, Gulf and West coasts as the unions balance the need for safety measures that protect workers from COVID-19 with the demands...
Coronavirus-related store closures and a tight New Jersey industrial real estate market have prompted the Port of New York and New Jersey to prepare for possible supply chain disruptions as cargo...
With 30 percent of its containerized imports tied to China, the sole container terminal at the Port of Baltimore will close for two more days in March due to low cargo volumes from the coronavirus-...
The Port of New Orleans will use the funds to improve the efficiency of the internal New Orleans Public Belt Railroad by increasing its capacity to switch, interchange, and store rail cars.
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