President Donald Trump said his proposal would reduce permitting time for transportation infrastructure projects, and includes an investment in new federal support for infrastructure, which will be matched by significant private, state and local dollars.
JLL: Demand for warehouse and distribution space is on the rise
The industrial real estate services and investment management firm said healthy consumer spending and strong e-commerce s ales are driving demand for warehousing and distribution space.
Admiralty law regards oral contracts valid
The U.S. District Court of Puerto Rico held Inter-Island Ferry was within its rights in filing suit against Puerto Rico Ports Authority (PRPA) and the Maritime Transport Authority (MTA) for charter fees despite several motions to dismiss the complaint.
Port of Oakland’s import volumes rise in May
The Northern California port handled 82,440 TEUs of imports during the month, the highest import volume at the port since August 2015.
U.K. snap vote results leave Brexit negotiations uncertain
United Kingdom Prime Minister Theresa May’s Conservative Party was dealt a blow in the snap vote results in the United Kingdom yesterday, causing growing concern in the European over Brexit negotiations, which were to initially begin on June 19.
Hill International JV wins terminal expansion contract in Colombia
The $4.1 million contract to provide project management services in support of the COMPAS Terminal expansion project in Cartagena, Colombia was awarded to a joint venture between Hill International and Gómez Cajiao y Asociados S.A.
Great Lakes iron ore shipments inch up 1.8% in May
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway saw a slight uptick in May compared to a year earlier, despite being lower than the month’s five-year average, according to the Lake Carriers’ Association.
SCPA handles 182,452 TEUs in May
Since the port authority’s fiscal year began in July 2016, the port has moved 1.96 million TEUs, a 9.4 percent increase over the same period last year.
WTO chief says multilateralism will lead to trade liberalization
World Trade Organization Director General Roberto Azevêdo has blamed low trade growth in recent years on low economic growth, combined with the absence of liberalization.
CMA CGM launches Med-Middle East/ISC loop
The new weekly container service, dubbed the INDIAMED, will commence July 2 from Khor Fakkan.