CONTAINERS FALL AS RO-RO AND RAIL VOLUMES RISE AT PORT OF SAVANNAH The Port of Savannah handled 413,300 TEUs in August, down 28 percent from August 2022, the Georgia Ports Authority’s busiest month on record. However, Roll-on/Roll-off cargo saw an 8% increase, and rail volumes increased by 6%. The Georgia Ports Authority’s “Mega rail” terminal …
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GPA-SPONSORED TRANSLOAD FACILITY OPENS IN SAVANNAH NFI Industries has opened a transloading facility adjacent to the Garden City Terminal at the Port of Savannah which, while not the first such location near the port, is unique because it does not require drayage drivers or chassis and will be dual served by the Georgia Ports Authority …
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WEST COAST CONTAINER PORTS REGAIN SOME MARKET SHARE WITH LABOR SITUATION RESOLVED U.S. container import volumes increased slightly in August compared to the previous, consistent pre-pandemic peak season patterns. U.S. container import volumes in August 2023 rose by 0.4% from July 2023, totaling 2,196,268 TEUs. Compared to August 2022, TEU volume decreased by 13.2%, but …
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CMA CGM FINALIZES TERMINALS ACQUISITION AT PORT OF NEW YORK AND NEW JERSEY CMA CGM has closed on its acquisition to acquire two key container terminals at the Port of New York and New Jersey, expanding the French shipping company’s terminal footprint in the United States. CMA CGM announced its intention to acquire the GCT …
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NEW ALL-ELECTRIC CONTAINER CRANES ARRIVE AT PORT OF SAVANNAH Four new Super Post-Panamax ship-to-shore (STS) container cranes arrived at the Port of Savannah. Part of $1.9 billion in infrastructure improvements that will help boost capacity at the port. The addition the cranes will bring Port of Savannah’s fleet to 34 machines at the Garden City …
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PORT OF NEW YORK AND NEW JERSEY GREEN LIGHTS CMA CGM’S TAKEOVER OF TWO KEY CONTAINER TERMINALS The Port Authority of New York and New Jersey has agreed to amend leases held by Global Container Terminals Inc. (GCT) at two key container terminals in New Jersey and Staten Island, paving the way for French shipping …
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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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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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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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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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