Earthquake Damage Adds to Infrastructure Woes at Port of Alaska
The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure.
Ports Report Strong TEU Numbers at Halfway Mark of 2019
Most of the nation’s seaports reached the halfway point of 2019 reporting increased volume in 20-foot equivalent units (TEUs) compared with a year ago, which was a banner year for moving cargo.
Port Officials Look to Keep Giant Cranes off Trump Administration Tariff List
As America’s ports handle larger amounts of cargo from bigger container ships, the ports are in a building boom. But the cost of expanding could get more expensive if a Trump administration plan to impose 25% tariffs on ship-to-shore cranes manufactured only in China are implemented.
Ports Off to a Strong 2019 Start, but Concern Looms Over Trump Tariffs
Many of the nation’s ports have reported record monthly and quarterly container volumes so far in 2019, but port executives are expressing concern that steeper tariffs on Chinese goods imposed by President Donald Trump could hurt the economy — and their facilities.
Ports Offer Ample Opportunity for P3s, Experts Say
WASHINGTON — Ports, which incorporate various modes of transportation, can serve as testing grounds for public-private partnerships, according to experts gathered during Infrastructure Week.
Iceland Builds Arctic Port as Global Shipping Routes Get Redrawn
As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is being built on the fringe of the Arctic circle.
Ports, Shipping Industry Responsible for 26% of US GDP, Study Says
The bustling activity at America’s seaports added $5.4 trillion to the economy in 2018 by way of revenue to businesses, personal income and economic output by exporters and importers.
Ports' TEU Volume Cools in February After Red-Hot 2018
The nation’s biggest ports are off to a mixed start compared with 2018’s record year, showing slower 20-foot-equivalent container volume as the economy gradually slows and with U.S.-China trade talks set to resume shortly.
Nation’s Ports Off to a Strong Start in 2019; Trump Delays Tariff Increase
The nation’s major ports finished 2018 setting monthly and yearly container volume records, and industry experts said 2019 is off to a strong start. Meanwhile, President Donald Trump said on Feb. 24 he is delaying the scheduled March 1 increase in the tariffs on $200 billion in Chinese imports.
Next Secures $97 Million in Series C Round of Funding
Next, a company that uses smart matching and predictive load technologies to connect shippers and carriers, announced it has secured $97 million in its Series C round of funding. The company will use the funds in part to launch Relay, a service to address congestion at shipping ports.
February 5, 2019