As the clock ticks away, so do construction costs escalate in a high inflationary environment. Delays on the Contrecoeur project could mean the Port of Montreal will not have the container capacity it wants in place by 2027 to meet expected demand and thereby continue to compete effectively against key U.S. East Ports in a strong expansion mode - buttressed by the Biden Administration’s multi-billion-dollar infrastructure program.
At a time when the U.S. Maritime Administration (MARAD) is tasked with producing a National Maritime Strategy to upgrade U.S. shipbuilding and shipping, the libertarian Cato Institute’s proposal is to repeal the Jones Act.
More than seventy trade associations sent the House Transportation and Infrastructure Committee leadership a letter asking for clarification regarding rail storage fees charged as part of international ocean shipping
Amy Celico, principal at the Albright Stonebridge Group [part of Dentons Global Advisors] was a featured speaker at the annual CONECT (Coalition of New England Companies for Trade) Trade & Transportation Conference in Newport, Rhode Island April 11-13, 2023.