Najim Shaikh, vice-president commercial import for MSC, sees Canada as a steady, reliable growth market for containerized cargo in the years ahead at key ports benefiting from substantial infrastructure and capacity investments as well as waterfront stability through labour agreements extending to 2018 in the cases of Montreal, Vancouver and Prince Rupert and until 2022 in Saint John.
Georgia’s governor and top ports executive each see the Peach State surpassing the Port of New York & New Jersey as having the No. 1 containerized cargo gateway on the U.S. East Coast, perhaps in as few as a dozen years.
The administrator of the Panama Canal Authority – refuting a statement earlier this week by his second in command – says the expanded waterway should be ready for inauguration in June, following delays costing the authority more than a half billion dollars in revenue.
Panama Canal officials are looking to offer volume-based incentives to containership operators as part of plans to encourage full use of the expanded waterway after it opens – an event now eyed for “early the second part of this year.”
I recently took a road trip from Connecticut to Iowa to connect with old college friends. While construction annoyed and delayed our travel it was a welcome sight considering that construction in and around major cities means that future travel will be smoother.