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Investments are keeping Savannah ahead of new cargo demand, the Georgia Ports Authority executive director said in his annual State of the Port speech Thursday.
The terminal operator took delivery of the three ship-to-shore container cranes and two rail-mounted cranes for the APM Terminals' new TEC2 terminal at the Port of Lazaro Cardenas, which is scheduled to commence operations in 2016.
The U.S. Department of Transportation on Tuesday released $5 million in emergency relief funds to South Carolina to repair storm-damaged roads and bridges.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. Export-Import Bank.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.