US Gulf ports maintain momentum and see containers as 'the way forward'
The pendulum swing appears to have missed US ports on the Gulf of Mexico, which ...
Larger ships are sending up real estate prices around US ports, according to new analysis. The Panama Canal expansion has boosted east coast ports, which are now seeing rising rental prices as demand for warehouse space grows. The report noted that the Port of New York and New Jersey (PONYNJ) has seen rents rise 36% since the recession, with a record high in each of the past five consecutive quarters.
That must have exacerbated problems for Port Elizabeth Terminal & Warehouse Corp, which has filed a complaint against PONYNJ, alleging that it has been treated unfairly by the port, which had given preferential treatment to a rival, according to American Shipper.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Don't chase that final dollar, warning to shippers delaying signing new contracts
Flexport's newly liveried aircraft ready as business looks up
Comment on this article