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Biden-Harris Administration Invests More Than $653 Million in Ports

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP). As part of President Biden’s Investing in America agenda – a key pillar of Bidenomics – this funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion of domestic and ... [+]

Wyden Says Port Project is a Winner for Jobs, the Environment

Senator Ron Wyden repeated his support of the Pacific Coast Intermodal Port project at Coos Bay with a recent editorial in Oregon Business. He highlighted the transformative nature of the project that promises to bring huge opportunity to the region. "The port's proposal is an ... [+]

US wood pellet exports at 796,988 metric tons in September

The U.S. exported 796,988 metric tons of wood pellets in September, down 21 percent when compared to the 1.01 million metric tons exported in August and down 1 percent when compared to the 804,975.5 metric tons exported in September of last year, according to data ... [+]

Port Secures Major Federal Transportation Grant

$52.6 million award will fund critical portion of Pier B On-Dock Rail Support Facility U.S. Department of Transportation officials have announced a $52.6 million grant to modernize critical on-dock rail capabilities and improve several key roadways aimed at speeding the flow of cargo through the Port ... [+]

Port Commissioners Break Ground on One of the Top Infrastructure Projects to Date

The Port of Palm Beach District Board of Commissioners have celebrated the commencement of construction for the Port Infrastructure Development Program (PIDP). “This project represents a significant step towards a more efficient, eco-friendly and job stimulating future for the Port of Palm Beach, Florida’s fourth busiest ... [+]

Hapag-Lloyd with decrease in earnings in first nine months of 2023

Hapag-Lloyd recently reported that it concluded the first nine months of 2023 with a Group EBITDA of $4.5 billion and a Group EBIT of $3.0 billion. The Group profit stood at $3.4 billion. These results are significantly below the prior-year level due to the severe ... [+]

Cargo Volume Rises at Port of Long Beach

Cargo moving through the Port of Long Beach in October rose for a second consecutive month amid preparations for the upcoming holiday shopping season and ongoing efforts to recapture market share. Dockworkers and terminal operators moved 755,150 twenty-foot equivalent units (TEUs) last month, up 14.7% from ... [+]

New eco-friendly locomotive to serve JAXPORT

A new environmentally-friendly locomotive will soon service the Jacksonville Port Authority’s (JAXPORT’s) Talleyrand Marine Terminal. The unit is one of eight locomotives nationwide being converted from diesel to battery-powered through funding provided by Kansas-based Watco Rail Services and a U.S. Department of Transportation’s Federal Railroad ... [+]

Port Canaveral shows robust cargo business in FY 2023

Capt. John Murray, Port Canaveral CEO, presented a comprehensive overview of the Port's strong performance in Fiscal Year 2023 and expressed a positive outlook for the upcoming FY 2024 during his annual "State of Port" address on Nov. 8. Capt. Murray showcased the Port's substantial economic ... [+]

Port of Halifax wins IAPH Digitalization Award

The Halifax Port Authority and project partners have been recognized at this year's International Association of Ports and Harbours (IAPH) Sustainability Awards in the"Digitalization" category. Project partners in Data Enhancement Framework 2 (DEF2) are BlueNode Inc. (Everstream), PSA Global, Port Saint John, Canada's Ocean Supercluster, ... [+]

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