Management Update: Gulf ports gain share.
in the NewsMajor changes in air cargo freighter market driven by e-commerce, reports consultancy Maersk Line’s acquisition of Hamburg Süd gets sales and purchase agreement approval AAR reports mixed carload and intermodal volumes for week ending April 22 BTS reports February gain in U.S.-NAFTA trade U.S. ports may face difficult financing decisions, says Fitch Ratings More News
Georgia Ports Authority's (GPA) Executive Director Curtis J. Foltz announced at its board meeting that the GPA continued to experience positive growth during the month of February and has recorded three consecutive months of increased trade through its ports. “Three consecutive months of double-digit growth is a positive sign that overall market conditions have improved considerably since last year,” said Foltz. Overall tonnage reports for February 2010 showed gains of 29.7 percent, which brings the GPA's year-to-date volume for the first eight months to a 2.7-percent increase compared with the same time period last year. Container volume showed strong growth, posting a 20.6 percent increase in TEUs compared with the same period last year.
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