Archives



Business

Port of New Orleans to Host Procurement Fair

In an ongoing effort to engage local and small businesses in the New Orleans Gateway, the Port of New Orleans (Port NOLA) is hosting a Procurement Fair on June 29 from 9 a.m. to noon at the Port of New Orleans Administration Building, 1350 Port of New Orleans Place, New Orleans, LA 70130.Representatives from several partner organizations will participate to provide information on projects that are currently available for bid ... [+]

NFTC Statement on the 12th WTO Ministerial Conference

National Foreign Trade Council (NFTC) President Jake Colvin issued the following statement on June 17 following the conclusion of the World Trade Organization’s (WTO) 12th Ministerial Conference in Geneva: “It is clear that there’s a tremendous need for a vibrant WTO that is able to tackle ... [+]

FMC Approves $2M Settlement Agreement with Hapag Lloyd

The Federal Maritime Commission approved a settle agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG on June 8 whereby the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices. “To restore full confidence ... [+]

GPA sets all-time trade record in May

Georgia Ports Authority moved an all-time high 519,390 TEUs in May, breaking the previous record of 504,350 TEUs set in October 2021.GPA’s May volumes grew by 8.5%, or 40,770 TEUs, compared to the same month last year.“Despite global supply chain challenges, the Port of Savannah ... [+]

Halifax Port Authority releases its 50-Year Plan

The Halifax Port Authority 50-Year Plan looks at port planning to 2070 and the various benchmarks that willtrigger expansion projects. "Our goal is to build smart, in a way that is financially and environmentally sustainable, and that complements our surrounding community," said Captain Allan Gray, President ... [+]

Port of Mobile container volumes remain robust

Calendar year-to-date 2022 through May container volumes remained robust at the Port of Mobile posting 225,883 TEUs or an 11.6% gain over volumes handled during the same period last year. May 2022 container volumes at the Port of Mobile were down 6% handling 41,232 TEUs ... [+]

Port of Virginia sets new monthly cargo volume record in May

The Port of Virginia® continues processing record-setting amounts of cargo having handled more than 340,000 TEUs in May and in doing so making it the most productive month in the port’s history.May’s TEU total surpassed the previous all-time monthly volume mark by more than 14,500 ... [+]

Ports of Montreal, Quebec City and Trois-Rivières join forces

The Port Authorities of Montreal, Québec and Trois-Rivières have announced the creation of a working group to identify and facilitate the implementation of joint initiatives. The signing of a collaboration agreement between these three ports on the St. Lawrence River is motivated by strategic, environmental, ... [+]

Fall in Air Cargo Demand in line with Expectations, says IATA

The International Air Transport Association (IATA) released April 2022 data for global air cargo markets showing a drop in demand and contraction in capacity. The effects of Omicron in Asia and the Russia–Ukraine war continue to create a challenging operating backdrop that is driving the ... [+]

North Europe ports productivity under pressure

Container terminal productivity across Northwest European ports has deteriorated significantly over the past three years due to the challenges of handling larger exchanges, as carriers have consolidated port calls in the face of volatile cargo demand, according to the latest Ports & Terminals Insight report ... [+]

More »