Ports News Updates

U.S. port fees on China-built vessels are due to commence Oct. 14.

Mario Cordero, who has served as CEO since May 2017 and oversees about 600 workers, has guided  one of the busiest seaports in the nation through an era of record-breaking container volume.

Port container volumes remained strong in August as shippers angled to outmaneuver President Donald Trump’s unpredictable trade policies while also getting a jump on the holiday season rush.

Both operations will run through the Talleyrand Marine Terminal, where Enstructure Auto Logistics signed a long-term lease last year to expand its auto-handling capacity.

The cost of a new Port of Montreal terminal that Canadian Prime Minister Mark Carney says is in the national interest has soared to about $1.7 billion, according to a Cabinet minister.

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.

Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.

U.S. port activity softened in May as tariffs weighed on trade, ending months of gains at Los Angeles, Long Beach, Oakland and Seattle-Tacoma.