Ports & Terminals

Gulf Stream Marine, Inc. ("GSM") announced today that it will be expanding its footprint with two additional terminals, namely the Care terminal at the Port of Houston in Texas and the Port of Pascagoula in Mississippi, through an asset acquisition from Coastal Cargo of Texas Inc. and Gulf Coast Storage Inc., respectively. The acquisition is expected to close by month-end.

The Port of Savannah's proximity to major producers, direct access via road and rail, broad global network and responsiveness to customer needs have recently made it the top port in the nation for the export of containerized agricultural goods.

In a wide-ranging briefing to Northern California customs brokers and freight forwarders, Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC) warned that a collaborative effort by ports exporters, forwarders, brokers and longshore labor is essential to stem the loss of West Coast container business to East and Gulf Coast ports.

Dachser Peru, subsidiary of the global provider of logistics solutions Dachser, announced today that it has successfully delivered two locomotives to a major railroad customer in Peru. Weighing over 180 tons each, the units were initially received at the Port of Houston in the U.S. and then delivered right to the customer facility located in Lima, Peru.

Three new ship to shore container cranes, built by Shanghai-based ZPMC, will arrive at the Port of Oakland later this year and will enhance the ability of SSA’s Oakland International Container Terminal to handle 19,000 TEU ships and larger.