CALIFORNIA AWARDS $1.5 BILLION FOR PORT INFRASTRUCTURE UPGRADES California Governor Gavin Newsom announced an investment of over $1.5 billion for building a more efficient, sustainable, and resilient supply chain, including $450 million for zero-emission infrastructure, locomotives, vessels, and vehicles. “No other state has a supply chain as critical to the national and global economy as …
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CARRIX TO EXPAND NORTH AMERICAN TERMINAL FOOTPRINT Carrix, a leading marine terminal operator based in Seattle, Washington, has announced plans to expand its North American terminal footprint with the purchase Ceres Terminals. Ceres currently operates in 18 locations throughout North America, including California, Houston, Montreal, Vancouver, B.C., and the U.S. Atlantic and Gulf coast regions. …
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LOUISIANA GOVERNOR AIMS TO RESTORE FUNDS FOR NEW PORT NOLA TERMINAL The Port of New Orleans is looking to the governor of Louisiana to help restore $4 million in state funding that would go toward early work on its proposed $1.5 billion container terminal after legislators unexpectedly cut the funding from the state’s most recent …
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PORT OF LOS ANGELES KEEPING A CLOSE EYE ON LABOR TALKS AS CARGO VOLUMES GAIN FOR A THIRD MONTH Cargo volumes at the Port of Los Angeles increased for the third consecutive month in May but continue to track below pre pandemic numbers amid protracted West Coast labour negotiations and uncertainty in the economy. The …
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DOCKWORKERS DISRUPT US WEST COAST PORTS AS CONTRACT TALKS DRAG ON Dockworkers at Los Angeles and Long Beach ports staged a slowdown late last week, with longshore workers not showing up for their shifts. In the on and off negotiations between the labour and shipping lines/terminals, which have been underway for a year, job actions …
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SOUTH CAROLINA PORTS SEE UPSWING IN CARGO VOLUMES, STRENGTHENING SOUTHEAST MARKET South Carolina’s ports have witnessed an upswing in cargo volumes during the month of April. During April, SC Ports successfully moved 214,101 TEUs and 119,572 pier containers, encompassing containers of all sizes. While these figures represent a 19% decline compared to the previous year, …
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CONTAINER VOLUMES AT PORT OF LOS ANGELES RISE FOR SECOND STRAIGHT MONTH, BUT PACE LAGGING PRE-PANDEMIC Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port of Los Angeles processed 688,110 twenty-foot equivalent units (TEUs), a …
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PORT HOUSTON SEES SURGE IN CONTAINER EXPORTS As U.S. imports continue to come in well below last year’s records, Port Houston has announced that its container exports are surpassing historic volumes seen in 2022, signalling strong growth in the region. Loaded exports, particularly driven by the demand for resin exports, have increased by an impressive …
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US RETAIL IMPORTS EXPECTED TO REMAIN BELOW 2022 U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National Retail Federation and Hackett Associates. However, the report also forecasts that import volumes will remain well below …
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CROWLEY TO LAUNCH NEW OCEAN-RAIL SERVICE CONNECTING MEXICO, U.S. MIDWEST, AND CANADA US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking Mexico, the U.S. Midwest, and Canada. The new service will incorporate Crowley’s new ocean route in the Gulf of Mexico and capitalize on the highly …
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