The decision by the Union Pacific (UP) railroad to suspend service from West Coast ports to Chicago for one week could be positive, according to Noel Hacegaba, deputy executive director, Port of Long Beach.
On Wednesday 14 July the European Commission published the Fit for 55 package reshaping the European emissions trading landscape. The proposal covers all aspects of the existing system, including the overall amount of allowances supplied into the market (“cap”), the allocation of free certificates and the functioning of the Market Stability Reserve. At the same time, it introduces sweeping reforms, by expanding emissions trading to the maritime sector, introducing a Carbon Border Adjustment Mechanism (CBAM), and proposing a new trading scheme for the road transport and buildings sectors.
The Port of Los Angeles expects that it and other West Coast ports will maintain their lead in import market share over other U.S. ports, according to Gene Seroka, executive director, Port of Los Angeles.
New England Aqua Ventus expects to launch the first U.S. floating wind turbine into the Gulf of Maine in 2023/24, according to Dr. Habib Dagher, founding executive director of the University of Maine’s Advanced Structures and Composites Center (ASCC).
As the overall U.S. economy and e-commerce demands in particular continue to grow, the less-than-truckload transportation industry should flourish provided it meets such challenges as having enough drivers and available equipment.
The McClellan-Kerr Arkansas River Navigation System crosses the state of Arkansas into Oklahoma traversing the state until it reaches the Port of Catoosa, near Tulsa, Oklahoma. The 445-mile navigation channel begins at the confluence of the White and Mississippi Rivers.
U.S.-based Green Shipping Line (GSL) is proposing to build the first of what it hopes will be a fleet of feeder ships to transport wind turbine components from U.S. Atlantic coast ports to new Atlantic coast wind farms, according to Percy Pyne, Chairman and CEO.
Aimee Andres, executive director, Inland Rivers, Ports and Terminals, Inc. (IRPT), says U.S. inland river ports and terminals are recovering from the 2019 flooding, but need major new investments including support for moving more containers on barges to the Port of New Orleans and other Gulf Coast ports.