As largely anticipated, a legal challenge has been mounted by a broad coalition of U.S. Great Lakes ports, foreign-flag carriers and maritime trade associations in Canada and the United States against the U.S. Coast Guard’s recent decision to dramatically increase Great Lakes. pilotage rates.
The logistics industry can expect to see increasing opportunities with the growth of e-commerce and greater demand for inland port facilities, while Savannah and other U.S. East Coast seaports can look to benefit from lower all-water rates, according to industrial real estate expert Curtis Spencer.
The proposed CCX facility that will serve as a major hub connecting NC ports to the entire CSX rail network is estimated to bring well over $300 million in long term public benefits, and almost $100 million in benefits to the state's economy in the first year.
Fair global trade practices and greater U.S. infrastructure investments are essential to the success of American business, a steel industry executive said today [April 13] in opening the Critical Commodities Conference in New Orleans.
After marking time for several years, an ambitious project to build a mega deep-sea container port at a greenfield site in Sydney on Cape Breton in Nova Scotia appears to be gaining traction though key pieces of the puzzle still need to fall into place. And it has a new name: Novaporte together with an adjacent logistics park called Novazone. Both are conceived to operate within a Foreign Trade Zone.
Recently, leaders from business and government, including Secretary of Commerce Penny Pritzker, Secretary of Transportation Anthony Foxx and Secretary of Labor Tom Perez gathered at an event hosted by the White House National Economic Council (NEC) to discuss the promise and opportunity that ports hold not only for keeping America’s goods on the move, but for keeping America's economy on the upswing.
A broad coalition of stakeholders has escalated its attacks against the U.S. Coast Guard, qualifying as “an aberrational exercise” the latter’s recent decision to impose a sharp increase in Great Lakes pilotage rates effective April 6, shortly after the 2016 commercial navigation season on the Great Lakes/St. Lawrence waterway opens on March 21.