port

Business

South Carolina Ports Approve Budget

The board of directors at the South Carolina State Ports Authority has approved a fiscal 2012 budget that includes more than $80 million in capital projects, and projects a 6.6% rise in container traffic for the fiscal year beginning Friday, July 1

July 1, 2011
Business

East Coast Ports Set Grants to Purchase Newer Trucks

The clean-truck programs that began at West Coast ports are moving to the East Coast, as evidenced by grant awards this month to drayage truckers in the mid-Atlantic region who want to buy newer models.

June 6, 2011
Business

Cargo Volume Rose 16% in 2010 at Port of New York/New Jersey

Cargo volumes rose 16% in 2010 over the previous year at the Port of New York and New Jersey, the agency that oversees it reported.

March 23, 2011
Business

Jacksonville Port Sets Container Record

Jacksonville Port Authority

The Jacksonville Port Authority said the port moved a record number of containers in fiscal year 2010, its second consecutive year of container growth.

November 4, 2010
Business

Port Demands Repayment of $1.8 Million From Fleets

The Port of Los Angeles has told 15 motor carriers that received subsidies to buy new cleaner-running trucks that they must return more than $1.8 million for trucks that did not make enough visits to the port last year.

August 30, 2010
Business

Ocean Shippers Report Higher Profits

Ocean shipper and port operator A.P. Moeller-Maersk and Dubai-based ports operator DP World reported higher profits and said they expect improvement to continue this year, the Wall Street Journal reported Wednesday.

August 18, 2010
Business

Import Container Volume Rises at Major U.S. Ports

Larry Smith/Trans Pixs

July import cargo volume at the nation’s major container ports will be about 16% higher than same month last year, according to a National Retail Federation report.

July 16, 2010
Business

Maersk Raises Forecast as Container Demand Picks Up

Larry Smith/Trans Pixs

A.P. Moeller-Maersk raised its profit forecast, saying its container line, the world’s largest, recovered faster than anticipated as freight prices have returned to levels before the global financial crisis, Bloomberg reported.

July 8, 2010
Business

California Ports’ Truck Lease-to-Own Deals Merit Investigation, Lawmaker Says

The chairman of a House Transportation subcommittee has vowed to investigate truck lease-purchase agreements between owner-operators and motor carriers who hire the drayage drivers to move cargo at the ports of Los Angeles and Long Beach, Calif.

May 10, 2010

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