Ports News Updates

Trucking companies serving the country’s major ports had to grapple with a national shift in volumes toward the West Coast in September.

DP World CEO Yuvraj Narayan warned prolonged Strait of Hormuz disruption is raising logistics costs and could drive consumer prices higher worldwide.

If approved, the Office of the United States Trade Representative’s proposal will prolong a bilateral truce that was set to expire in early November until Jan. 9.

“Retailers appear to be front-loading holiday inventory given tariff and shipping uncertainty, which shows up at the ports but not yet on the highway,” said James Roe of AlixPartners. 

Canada’s need to expand trade with Europe and Asia is a driving force behind a major new package of regulatory and permitting reforms.

The Dubai-based firm plans to grow its truck fleet by about 40% and add new land routes to diversify supply chains linking Europe, the U.S. and Asia to the Persian Gulf.

The initiatives being launched will support electric truck purchases and the charging systems needed to keep them operating at the East Coast’s busiest seaport.

Cargo shipments through the largest U.S. seaports exhibited signs of summertime strength amid uneven volume and tightening capacity, experts said.

Orange EV is expanding its presence at East Coast ports through a major fleet order in New Jersey and a newly announced deployment in Philadelphia.

Panama’s government in February seized the Balboa and Cristobal ports after its Supreme Court ruled that a concession held by CK Hutchison’s subsidiary to run the two ports was unconstitutional.