Mario Cordero, executive director, Port of Long Beach told AJOT that the Port experienced a 12.5% increase in container volumes for September, compared to September 2019, and expects the Port to have a “strong” fourth quarter in 2020. But Cordero is more cautious about 2021 stating “a lot depends on the impact of the Covid virus on the economy.”
On September 25th, Congressman John Garamendi (D-CA) applauded passage of his amendment to the “Clean Economy Jobs and Innovation Act” (H.R. 4447) by the U.S House of Representatives.
Garamendi’s amendment clarifies that the Outer Continental Shelf Lands Act, a 1953 law governing offshore mineral and energy development, applies to lease sales for non-fossil fuel energy sources such as wind power, hydrokinetic, or ocean thermal energy conversion.
A Mercator study commissioned by the Pacific Maritime Association (PMA) warns that high U.S. rail costs and other factors could cause U.S. West Coast (USWC) ports to lose between 15% to 45% of intermodal import business to British Columbia (BC) ports by 2030.
The pandemic has not only taken a personal toll on nearly everyone in the world, it has also rocked global economies to its core causing financial strain across industries, including healthcare, retail and automotive, among other sectors.
American seaports are vital to the U.S. economy, providing a gateway to the global marketplace. Today, however, they are in need of critical infrastructure and technology improvements.
At a September 15th virtual press conference, Port of Los Angeles Executive Director Gene Seroka announced that imports rose in August and the Port sees trends indicating volumes will continue to improve in September and October.
A Northern California logistics consultant was unable to book containers on the Burlington Northern Santa Fe (BNSF) or Union Pacific (UP) railroads for the first week of September going to and from U.S. West Coast ports and Midwest destinations.
By 2050, the effects of sea level rise will require ports around the world to allocate an additional $8 billion to $18 billion to protect their facilities, according to a new study.
On August 24th, the heads of the Surface Transportation Board (STB) and the Federal Railway Administration (FRA) sent identical letters to the heads of the leading U.S. railroads, including the Union Pacific (UP) and the Burlington Northern Santa Fe (BNSF) expressing concerns about the quality of the U.S. railroad infrastructure and disruptions in rail service.