ports News Updates

Business, Logistics

Port Authorities Commit to Stay Open Amid Coronavirus Pandemic

Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay open amid the coronavirus pandemic.

April 27, 2020
Government, Business

March Container Volumes Fall Sharply at Nation’s Major Ports

The nation’s major ports suffered the full economic impact of the coronavirus in March as global trade practically came to a halt.

April 22, 2020
Government, Business, Logistics

Coronavirus Stimulus Boosts Access for Funding Harbors, Ports

Additional funding for the Army Corps of Engineers to pursue port maintenance projects was approved in the $2.2 trillion economic stimulus package that recently was signed into law.

April 14, 2020
Government, Business, Logistics

House Transportation Leaders Oppose Jones Act Waiver

The transportation policy leadership at the U.S. House of Representatives recently expressed opposition to waiving the Jones Act amid the coronavirus pandemic.

April 9, 2020
Government, Business, Logistics

Activity at US Ports Plummets as Coronavirus Slows World Economy

Activity at ports tracked by the Global Port Tracker fell in February to the lowest level in five years.

April 8, 2020
Government, Business, Logistics

Ship Crews Stuck in Lockdown Strain Global Supply Chains

Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic.

April 7, 2020
Government, Business

USDOT Awards $39 Million in Grants to Two Texas Ports

Officials at a pair of ports in Texas were awarded more than $39 million in federal grants to assist with expansion initiatives, the U.S. Department of Transportation announced March 10.

March 10, 2020
Government, Business, Logistics, TCA

Developers Revive Cold-Storage Facility Plans in Maine

A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland, Maine.

March 6, 2020
Government, Business, Logistics

Most Ports See Container Volumes Decline in January

Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January.

March 2, 2020
Business, Technology, Equipment, Safety

Chassis Provider FlexiVan to Merge With American Intermodal Management

I Squared Capital acquired a majority stake in FlexiVan Leasing Inc., the private equity firm said. As a result, the company said it is merging FlexiVan with American Intermodal Management.

January 28, 2020