The Port of Savannah’s Garden City terminal received the first of four new neo-Panamax ship-to-shore cranes, and the remaining three will arrive by late April.
The Memphis, Tenn.-based integrator posted a net income of $562 million on revenues of $15 billion for the third quarter of its fiscal year 2017, which ended Feb. 28, year-over-year increases of 10.8 percent and 18.1 percent, respectively.
One intermodal chassis provider, however, the North American Chassis Pool Cooperative, will maintain its current pricing for both pool and premium chassis despite increased labor costs and inventory and fleet enhancement efforts, NACPC said in a statement.
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The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.
The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer Harbor.
BlueWater Reporting illustrated the trade removed 32 vessels and 79,764 TEUs of total deployed capacity between December 2013 and December 2016, while weekly allocated capacity on the trade has been on the rise.