Early Friday morning (24-June) the U.S. awoke to the results of Britain’s historic vote to leave the European Union. On the western shores of “The Pond” the controversial referendum was often buried in the electric ether of the U.S. Presidential campaign or more exciting issues like keeping up with another generation of Kardashians. However, with the “shocking decision” (an expression used by at least a dozen U.S. news reporters) “The Exit” is today’s news.
There is little doubt the auto business drives the economics of the roll on-roll off business. But shifts in auto manufacturing to new regions, and an uneven demand for vehicles, has impacted trade routes and industry investment.
The Federal Maritime Commission (FMC) has the mission to administer the nation’s ocean borne commerce. Last year, 31.5 million TEUs passed through the nation’s ports and that number is certain to double within 14 years.
Stuck in the middle – between the ocean carriers and the forwarders and their client shippers - is the NVO (Non-Vessel Owning Common Carrier).
A snippet from AJOT's Ocean Carrier Review 2016 coming in this weeks edition!
The WCA’s conference week March 10-16 in Abu Dhabi in the UAE was a most memorable event, beginning with an unexpected turn in the weather. Over 2,500 members representing nearly 1,400 companies from over 100 countries attended this key industry event.
New England is one of the nation’s most affluent regions. A strong consumer driven economy keeps ships calling Boston’s 617 area code. The port is the region’s hub and annually handles over 200,000 TEUs. It has become a model for mid-sized ports nationally – a most remarkable improvement from two decades ago. But as is the case of many U.S. niche ports, dredging is the single most important challenge and will Washington, DC answer the call?
Fedex Ground inks deal as anchor tenant at Tradepoint Atlantic’s new tri-modal logistics site in Sparrows Point, Baltimore.
The Port of Davisville is one of the top ten auto ports in the US and has posted six consecutive years of “record breaking” effort. Nothing new for a port with a posting of 547% growth rate over the past two decades, and with infrastructure improvements in the works, the best may be yet to come.
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