Public ports in the United States play an important role in local and regional economies throughout the nation. They generate business development and provide employment to more than 13 million Americans, which includes those that work at the ports themselves and those employed in global trade and import/export support services. According to the American Association of Port Authorities, U.S. business activities related to waterborne commerce contribute more than $3 trillion to America’s economy. Seaport activities alone account for tens of millions in federal, state and local tax revenues. There are approximately 360 commercial ports that serve the United States, according to the U.S Coast Guard. Many of these accommodate ocean-going cargo, as well as barges, ferries and recreational watercraft. More than 150 deep draft seaports are located along the Atlantic and Pacific Oceans as well as the Great Lakes, the Gulf of Mexico, Alaska, Hawaii, Puerto Rico, Guam and the U.S. Virgin Islands. The Port of South Louisiana ranks first in cargo volume (in tonnage) among U.S. Ports, followed by the Port of Houston, Texas and the Ports of New York and New Jersey (Port Newark). Many of the country’s most prominent ports work closely with private industry in the development and financing of maritime-related facilities. More than 60 U.S. ports are now nearing the end of a five-year infrastructure development project created to expand and modernize their facilities for more efficient cargo movement. A by-product of this effort, beside additional job creation, is helping to make American exports more competitive overseas. America’s port authorities play a key role in the business of waterborne commerce. Their authority may also incorporate other global trade hubs such as airports, industrial parks and Foreign Trade Zones. Since 9/11, there has also been a renewed appreciation of the role that port authorities play in national security.
November Sees 9% Drop in US Container Imports; Panama Drought Affects East and Gulf Coast Ports
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its December Global Shipping… Read More
SC Ports Confirms Expansion of Export Transload Facility
South Carolina Ports Authority continues agricultural export growth initiatives with the newly opened C&M Hog Farm’s transload facility that will handle… Read More
Safe Ports’ Strategies for Success
Safe Ports Holdings, a woman-led logistics and inland ports-focused company, announced the appointment of His Highness Sheikh Khalid Al Hamed to… Read More
Port Ambassadors Class Selected for 2018-2019
A total of 25 lucky participants were confirmed today for the 2018-2019 South Carolina Ports Authority Port Ambassadors class. “The… Read More
PCC Reaches Vancouver Destination
Vancouver welcomes Japanese Pure Car Carrier (PCC) Monoceros Leader last week, bringing with it 2,270 Subaru vehicles for discharge across… Read More
RECORD BREAKING NUMBERS REPORTED FOR FLORIDA PORT
Port Everglades released information this week boasting an impressive 1,108,465 TEUs for fiscal year 2018 – the highest number recorded to-date… Read More
WE CAN’T CONTAIN OURSELVES
As global trade continues to grow (albeit at a slower pace than the World Trade Organization initially projected for 2018),… Read More
FIT Opening New Cargo Facility at Port Everglades
Florida International Terminal, LLC. (FIT) is opening a new 32-acre containerized cargo terminal at Broward County’s Port Everglades with double the number… Read More
AAPA concerned over US trade tariffs
With the United States government’s announcement on the imposition of an additional $200 billion in protective trade tariffs against Chinese… Read More
GPA approves $92-million rail expansion
During a meeting of the Georgia Ports Authority board of directors in Atlanta last week, the GPA approved $92 million… Read More
AAPA lauds fiscal year 2019 Energy and Water Development Appropriation
Congressional leaders achieved a major accomplishment with the passage of the Energy and Water, Legislative Branch, and Military Construction and… Read More
Gulftainer agreement to operate and expand Port of Wilmington, Delaware
Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year… Read More
« Previous 1 2 3 4 5 6 … 51 Next »