Georgia Gov. Nathan Deal announced that as part of his FY2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor Expansion Project at the Georgia Ports Authority Board meeting.

The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.

Georgia Gov. Nathan Deal announced that as part of his FY2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor Expansion Project at the Georgia Ports Authority Board meeting.

The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.

The Port of Los Angeles has released its October 2012 cargo volumes. Overall volumes increased .82 percent compared to October 2011.

Zepol Corporation reported this week that U.S. import volume in October, measured in TEUs (twenty-foot-containers), is down 6.8% from September and another 4.8% from October of last year.

Zepol Corporation reported this week that U.S. import volume in October, measured in TEUs (twenty-foot-containers), is down 6.8% from September and another 4.8% from October of last year.

Despite the disruptive weather-related events caused by Hurricane Sandy, specifically in the Northeast region of the United States import volume growth continues to grow at a relatively strong pace, according to the most recent edition of the Port Tracker report from the National Retail Federation (NRF) and Hackett Associates.

When the NITL’s 105th annual meeting & TransComp exhibition convened in Anaheim earlier this week, there was considerable attention paid to the pending expansion of the Panama Canal. Shippers learned that West Coast ports will not remain complacent.

When the NITL’s 105th annual meeting & TransComp exhibition convenes in Anaheim this week, there’s bound to be considerable attention paid to the pending expansion of the Panama Canal. Shippers will learn that West Coast ports will not remain complacent.