by George Lauriat Apr 09, 2018
Prosperous Northeast and New England
The Northeast is one of the world’s great economic regions. The region’s GDP is climbing. And a trend is emerging – corporations moving from the suburbs back to the city. Will this trend be a generational change or challenge?
Port of Boston continues remarkable run
New England’s Port. The Port of Boston, specifically Massport’s container facility at Conley Terminal, is New England’s port. For years, it might have been debatable whether the Port of Montreal in Canada or the Port of New York/New Jersey was really New England’s port but not now. That day has passed.
CPA looks for new opportunities for Connecticut ports
Table setting. The Connecticut Port Authority (CPA) is relatively new. The authority wasn’t formed until 2015 and didn’t hire the new port director, Evan Mathews, until September of 2016.
Port of Davisville roars ahead with development
Two years ago, the $50 million bond measure for infrastructure projects at the Port of Davisville was approved by Rhode Island voters. With the approval in hand the implementation of the $90 million modernization plan, particularly the critical rehabilitation and modernization of Pier 2, has moved forward.
DCLI acquisition of TRAC Intermodal’s 53-foot domestic chassis fleet key to a larger plan
On January 11, 2018, Direct ChassisLink Inc., better known as DCLI, completed the purchase of TRAC Intermodal’s 53-foot domestic chassis fleet. DCLI’s intention to purchase the TRAC units was made in late October 2017 before last month’s closing. The purchase price for the chassis fleet was not disclosed.
Port Newark Container Terminal successful close on tax-exempt bond paves way to future terminal development
In late December 2017, Port Newark Container Terminal LLC (PNCT) secured $298 million in tax exempt bond proceeds that will be used to refinance existing debt and to finance the ongoing development of the terminal.
Handicapping Asia’s risks in 2018
In January, Hong Kong-based SVA (Steve Vickers and Associates) issues its annual Asia Risk Assessment which handicaps the comparative political and economic risks for each nation or territory in the region.
C.H. Robinson – An original
“We’re the original 3PL” is the tag line for the Eden Prairie, Minnesota-based third party logistics company C.H. Robinson. Over the company’s century plus existence, it has adapted with each regulatory, economic and technological challenge. In an interview with John P. Wiehoff, chairman and CEO of C.H. Robinson, he explains the process behind creating one of the world’s largest 3PLs.
John S. Connor Inc. hits the century mark
It’s difficult for any company to achieve a 100-years in business. But for a family run international freight forwarder to eclipse the century mark is a remarkable achievement.
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