Activity at US Ports Plummets as Coronavirus Slows World Economy
Activity at ports tracked by the Global Port Tracker fell in February to the lowest level in five years.
Ship Crews Stuck in Lockdown Strain Global Supply Chains
Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic.
April 7, 2020USDOT Awards $39 Million in Grants to Two Texas Ports
Officials at a pair of ports in Texas were awarded more than $39 million in federal grants to assist with expansion initiatives, the U.S. Department of Transportation announced March 10.
Developers Revive Cold-Storage Facility Plans in Maine
A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland, Maine.
Most Ports See Container Volumes Decline in January
Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January.
Chassis Provider FlexiVan to Merge With American Intermodal Management
I Squared Capital acquired a majority stake in FlexiVan Leasing Inc., the private equity firm said. As a result, the company said it is merging FlexiVan with American Intermodal Management.
Most Ports Post Strong 2019 Despite Trump Tariffs
As the nation’s major ports add up the number of 20-foot-containers processed at their facilities in 2019, the numbers either slightly exceeded or came close to breaking 2018’s record-level figures, despite a year of diminished trade with China because of the Trump administration’s tariffs.
Information, Communication Technology Can Improve Port Efficiency, Experts Say
The adoption of information and communication technology can help facilitate operations at ports, according to Agustina Calatayud, senior transport specialist at the Inter-American Development Bank.
Port of Monroe to Buy Crane With $1.1 Million Grant
Federal grant money has been awarded to fund equipment upgrades and training geared toward attracting more cargo to the Port of Monroe in Michigan.
Peter Levesque Appointed President of Ports America
Beginning in February, there will be a new president of Ports America, the largest marine terminal operator and stevedore in North America.
December 2, 2019