Two significant developments – one already announced and the other to come soon – will have an impact on a bustling breakbulk market in Canada.
Increased domestic construction and infrastructure spending, and a positive economic outlook for 2023, could mean increased steel consumption at home.
Event underscored women’s empowerment, education, digitalization and connectivity.
California’s 2023 export trade numbers are up…will they stay that way?
Hawaii’s commercial harbor system operates as a hub-and-spoke system with Honolulu Harbor as the hub and primary entry point for freight. Congestion and sea level rise could put Hawaii’s hub-and-spoke system at risk. if not addressed.
Situated in a remote location in northern British Columbia, there appears to be no stopping of the momentum driving the Port of Prince Rupert in recent years.
The big three boxports of California, the ports of Los Angeles, Long Beach and Oakland – the number one, three and seven boxports - are facing a new challenge or perhaps a new reality. They are losing market share to the East Coast and Gulf ports.
Back in 2015 when the two rival Puget Sound ports, Tacoma and Seattle, joined forces to form the Northwest Seaport Alliance (NWSA), the main focus was on the combined containerized throughput – and rightly so, as it is a top ten port in the United States.
Green steel attracts investment. But clean electricity remains the key.
Miami International Airport is expanding and that is good news for perishable shippers.
Despite accelerated activity by major TCL players, new capacity will likely “fall well short of market demand.”
Ed Treacy, vice president, supply chain and sustainability, for the Newark-based International Fresh Produce Association (IFPA) says that unlike what happened during the post-COVID surge, containers and chassis are not the problem and freight rates are falling.
Offering reliability and predictability, the reefer market continues to grow and has proven to be more resilient in the face of supply chain disruption as the movement of temperature-controlled cargo continues to be prioritized.
Cargo operations are also being rationalized, with Savannah to specialize in handling containers while breakbulk and ro/ro will head to Brunswick. Retaining West Coast diverted freight a priority.
Investments in cold-chain facilities bolster booming reefer business.
Georgia’s Center for Innovation is a big ally for logistics companies operating in the State of Georgia.
In the past few years, Canada’s leading pension plans have been allocating more and more investments abroad to port and other infrastructure projects. One can now add to the list recent forays into offshore wind projects, notably in the United States and Europe.
The second largest country in the world after Russia, Canada benefits from vast areas offering abundant wind resources with significant potential for the expansion of wind-generated power.
As the Port of Wilmington celebrates its centennial anniversary, Joe Cruise, CEO, GT USA Wilmington, also applauds the Delaware seaport’s recent success and plans for vast future expansion.
Seaports in Philadelphia, southern New Jersey and Wilmington, DE, are seemingly always prospering and expanding.
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