Ports & Terminals

U.S. farmers have enjoyed a competitive advantage in accessing the global export market with their products, but continued underinvestment in the aging inland waterways system will limit U.S. agricultural exports, and during the next 25 years, could put more than $72 billion in additional GDP and 77,000 new jobs at risk, a new report from Agribusiness Intelligence found.

Loadsmart, a digital freight technology company, today announced they have raised $19 million to embark on a major initiative to improve the flow of freight through American ports. Ports America, the largest terminal operator and stevedore in the U.S., joins the world’s largest container ship and supply vessel operator’s investment arm Maersk Growth as an investor. This latest round follows Loadsmart’s series A round in late 2018, bringing total funding to date to $53.4 million.

Twelve year congressional delay funding upper Mississippi lock and dam project hurts U.S. farm exports & aids U.S. competitors

PSA International Pte Ltd (PSA) has completed the acquisition of Penn Terminals (Penn) located on the Delaware River, United States of America (USA), from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets, following formal approval by the relevant regulatory authorities.

Steve Longoria, chief security officer for the Port of Redwood City, briefed first responders during an earthquake response drill on August 29th emphasizing the importance of training for emergencies as realistically as possible.