Sea

Port of Oakland cargo surge cooled off last month

A six-month-long containerized cargo surge came to a halt, as expected, at the Port of Oakland last month. The Port said that its total February cargo volume was down 1.3% from a year ago. February import cargo decreased 5%, year-over-year, the Port reported. It was the first decline in import volume since July 2018. February exports were down 8.2%. The shipment of empty containers back to origin destinations increased nearly 7%. The ... [+]

TRS Drives Productivity at POV, Creates Flow at the Gates; System Marks One Year of Operation

Motor carriers using The Port of Virginia’s® Truck Reservation System (TRS) are seeing an ongoing reduction in their turn times, evidence the technology is helping to drive the efficient movement of cargo at the port’s two main container terminals, says the port’s chief executive. “This is ... [+]

Lindecamp joins Port Manatee in deputy director role

Abby Lindecamp, who has held accounting positions in Florida’s Manatee County for nearly two decades, has joined Port Manatee in the newly created position of deputy director of business administration and finance. Lindecamp comes to Port Manatee from Manatee County’s Financial Management Department, in which she ... [+]

SC Ports Authority Reports Record February Volume

South Carolina Ports Authority reported the strongest February container volume in its history and nearly 12% fiscal year-over-year growth. SCPA moved 178,131 TEUs during the month of February, with 1.6 million TEUs handled since the fiscal year began in July. As measured by the total number of ... [+]

CMA-CGM expands PEX-3 Service between Asia, Port of Mobile

The Alabama State Port Authority (ASPA) recently announced that CMA-CGM has added to its PEX-3 Asia Service offering new market options for containerized cargo shippers at the Port of Mobile. CMA-CGM added the Port of Vung Tau, Vietnam to its Asia service that already call ... [+]

Port NOLA Sets Container Record in 2018

The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history, totaling 591,253 TEUs, up 12.3% compared to one year ago. The record marks the fifth year in a row Port NOLA has surpassed the half million ... [+]

President’s Budget Allocates $138M for Charleston Harbor Deepening Project

The President’s Fiscal Year 2020 Budget includes $138 million for the 52-foot Charleston Harbor Deepening Project, a milestone that provides an opportunity for the project to receive Congressional funding for construction. "We are grateful to the Trump Administration for recognizing the value of the Charleston Harbor ... [+]

Moody’s Upgrades Panama Canal’s Long-Term Rating

Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration. Moody's noted that the Expanded Canal has increased overall tonnage ... [+]

Port of Corpus Christi Included in the President’s Proposed FY20 Budget for $53M

For the second year, the Port of Corpus Christi’s Ship Channel Improvement Project (CIP) was included in the President’s Budget for U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction that was released Monday by the White House. The Port of Corpus Christi is the ... [+]

Port of Montreal Reels in 7th shipping line

After a record year marked by a 9% increase in the number of containers transiting through the Port of Montreal, the Montreal Port Authority (MPA) announced the arrival of a seventh international container shipping line, Cosco Shipping Lines.  Cosco Shipping Lines, which ranks third in the ... [+]

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