b'28American Journal ofTransportation ajot.com(THREEcontinued fromdemand for refrigerated goods.calls-ofwhich116wereoff- son, China was a distant numbernewofferhasemergedforCK page 12) Andwhiletheseaccom- shore wind related vessels - and2at64.4millionlongtons.Hutchisons port portfolio which inJanuary.plishmentsareimportant,theapproximately3millionshortAlthoughmostoftheattentionwouldseeMSCsTilacquire Ofcourse,thePort,likeport has a much bigger vision fortonsofnon-automobilecargohas been focused on the move- 41terminals,whileU.S.based others, faces challenges. Notablythe future as Strategic Plan, Des- came through the Port 2024, rep- mentofcontainershipsthoughBlackRock takes control of two tariffs on vehicles and securingtination2040reveals. Theplanresentingasignificantincreasethe waterway, the Panama Canalkey Panama Canal ports. Under the promised funding for the newwhich was unveiled in Novem- from 2023, primarily due to thehasbeenakeytransitlanefortheproposeddealBlackRock FrancisScottKeybridgefromber 2024 outlines a comprehen- arrival of steel piles for QDCspetroleum products, particularlyInc.anditsinfrastructuredivi-the Trump Administration. sive plan to guide the PhilaPortsnew Terminal 5 Pier. Perhaps theLNG carriers moving from U.S.sion, Global Infrastructure Part-developmentoverthenext15biggest affirmation of the PortsGulf ports to Asia.ners (GIP). The latter will jointly p hiLAdeLphiA- Ayears. In the meantime, like othercontribution to the Rhode IslandBut aside from the commer- acquire two terminals located at s trAtegiCp LAn ports, PhilaPort must navigate theeconomy,cameinNovembercialaspects,thereisalinger- the Atlantic and Pacific entrances In 2024, PhilaPort handledissuespresentedbytheTrumpwhenvoterssupportedQues- ingbeliefamongsomegroupstothePanamaCanal,whereit 840,751TEUs,up13%andAdministrations tariffs on Chination 4 on the ballot. With the $15intheU.S.thatcontroloverwill hold a 51% stake while TiL 281,819 in vehicle imports, upand other nations that import tomillioninvestment,Quonsetthe Canal should not have beenwillretaintheremaining49% 9%. The boost in box numbersthe U.S. through Philadelphia. willmakestrategicinfrastruc- relinquishedthat the strate- ownership in those assets. MSC was attributable to increases intureimprovementsincludinggic nature of the Canal and thewould emerge from the deal as tradefromSouthandCentrald AvisviLLe-Autos And A pier thecontinuedbuildingofoff- investmentmadebytheU.S.the worlds largest terminal oper-AmericanotablyColom- ThePortofDavisville,shore wind infrastructure at themadetheCanaltoovaluableator as well as the worlds largest bia, Costa Rica and Guatemalalocated inside the Quonset Busi- port. The challenges for Davis- an asset to lose. In 1977, thencontainership operator.which accounted for $694 mil- nessPark,celebratedamajorville are keeping the momentumPresident Carter signed a treaty lion of fruits and nuts. In 2024,accomplishment late in 2024 withgoing for offshore wind devel- with Panama in which the U.S.L AtinA MeriCAtheportsrecordnumberofthereopeningoftheportsPieropment in the face of the Trumpwould relinquish gradual controlr eCALiBrAtionTEUswasalsoattributableto1 South Face after 19 months ofAdministrations push back andover the Panama Canal. PanamaInanarticleinAmericas bigger box ships calling.construction. With the South Faceriding out the tariff issues thatgained full control over the canalQuarterly,byBrendaEstefan, On January 22, 2025, whenof the pier fully refurbished, con- impact auto imports. on January 1st, 2000.shewrote,Theinitialdisplay theCMACGMMarcoPolostruction has begun on the NorthAndalittleover25yearsofDonaldTrumpsAmerica berthed at Packer Avenue Marineand East Faces. The next phase oflater, on March 5th, 2025, Presi- First foreign policy bore almost Terminal, the 16,200 TEU vesselthe project is expected to be com- (EYEScontinued fromdentDonald Trumpsaidinaninstantfruitearlierthismonth became the largest ship ever topletedbyWinter2025,andthepage 26) addresstoajointsessionof[March] in Panama. Following a call at the Port of Philadelphia.final phase is expected by SummerPanama which makes the deci- Congressitwashisintentionvisit by U.S. Secretary of State This accomplishment was made2026. The project replaced moresions on the Panama Canal eventoreclaimthePanamaCanal,MarcoRubio,PresidentJos possiblebydredgingtheriverthan1,500woodenpilingsthatmorecriticalinthecontextofsaying, Were taking it back.RalMulinoannouncedPana-channel to 45-feet and upgradeshadbeensupportingthepierinthe U.S. and China rivalry. ThepressuretriggeredCKmaswithdrawalfromChinas to the port infrastructure. Narragansett Bay since 1941 withHutchinson Holdings into a saleBelt and Road Initiative.Inaddition,in2024,Phila- 150 new steel pilings and a newp AnAMAC AnALs of the companys global terminalsBut the Panama Canal saga Portbrokegroundonanewconcrete deck.i MportAnCe tousto a consortium led by Blackrockmightwellbejusttheopen-165,500-square-footrefrigeratedThe Port of Davisville is oneTheimportanceoftheand TiL(MSCsterminalcom- ingchapterinamuchlarger warehouse,markingthefinalofthenationstopautomobilePanamaCanaltoU.S.com- pany) for $22.8 billion. Beijingvolume.Noteverycountryin phaseinthecompletionoftheimport ports. North Atlantic Dis- merce is undeniable. In terms ofsubsequently balked at the dealLatin America would be as will-PhilaPortDistributionCenter.tribution, Inc. (NORAD), whichdestination and origin, the U.S.asmanyoftheterminalswereingtoadjusttheirrelationship Slated for completion in 2026, thisoperates from the Port of Davis- accounted for nearly 208.8 mil- locatedinChinaorcompetingwith Chinawhich in recent state-of-the-art facility will signifi- ville, processed 304,593 finishedlion long tons of Panama Canalwith Chinese interests.years has become both the larg-cantly increase cold storage capac- automobiles in 2024. In total, thefreighteasily making the USAtthiswritingofthepro- est trade partner and investor in ity, meeting the regions growingPort of Davisville had 382 shipthe number 1 partner. In compari- spective sale of the terminals, atheir economies. EXPANDING CAPACITY TOFLORIDAS DISTRIBUTUION HUBTampa/Orlando I-4 Corridor: Over 550 million square feetExpanded terminal capacity with plenty of room for growthof distribution center space Multiple round-trip truck deliveries per day from Port to E-commerce, consumer goods, perishables distribution centersand building materials New and expanded container services with Central The fastest growing region in the fastest growing state America, South America, Mexico, and AsiaWWW.PORTTB.COM'