Construction on Port Canaveral’s new, multi-purpose cargo berth is expected to start in March, with a completion target of mid-2019, allowing the Floridian port to accommodate a growing cargo portfolio that includes commercial spacecraft components.
Transpacific Stabilization Agreement shutters operations
The nearly 30-year old group, which once represented the major liner carriers that move nearly all container cargo between the Far East and the United States, will officially cease operating on Feb. 8, 2018.
Trump’s leaked infrastructure draft indicates White House intends to incentivize infrastructure funding
A draft of President Donald Trump’s national infrastructure plan was leaked to and reported on by Axios on Monday, showing how the White House intends to incentivize infrastructure funding by providing grants to state, local and private entities.
Port of San Diego begins marine terminal modernization project
The California port has commenced a $24 million project to modernize its Tenth Avenue Marine Terminal, allowing the terminal to handle up to 4.6 million metric tons of cargo annually.
HMM introduces ‘ultra-freezer’ service
South Korea’s largest ocean carrier became the third provider of ultra-freezer service in the industry, which already included Maersk Line and CMA CGM.
Port of Halifax sets new container volumes record in 2017
The Canadian port handled 559,242 TEUs in 2017, surpassing its previous full-year record set in 2005 of 550,462 TEUs.
Electric barges could change future of European waterways
The ports of Antwerp, Amsterdam and Rotterdam have invested in private projects to operationalize fully electric – and potentially crew-less – barges from manufacturer Port-Liner for European waterways.
A maritime reporter like no other
Robert Mottley’s larger-than-life presence, irresistible charm and sense of humor eased both anxious and reserved shipping executives during interviews, and allowed them to discuss their businesses, as well as careers, in a most open and personable way.
Union Pacific’s net income picks up for Q4, full-year 2017
The Omaha, Neb.-based Class I railway recorded a net income of $7.3 billion for the fourth quarter of 2017 and $10.7 billion for the entire year.
Executive Moves: JaxPort and NS
Jacksonville Port Authority (JaxPort) selects chief operating officer, while Norfolk Southern (NS) names executive vice president and chief legal officer.