Taxonomy: Infrastructure

Two new RTGs roll into Port of Boston

The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.

Two new RTGs roll into Port of Boston

The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.

Two new RTGs roll into Port of Boston

The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.

 

   The Port of Boston recently received two new rubber-tired gantry cranes to shuttle boxes around Conley Terminal.
    The two RTGs join a fleet of 12 already in service at the terminal. The Massachusetts Port Authority plans to receive two more RTGs this fall, which will bring its total RTG fleet to 16 by early 2020.
    Massport said the RTG purchases are part of an $850 million investment in the Port of Boston’s Conley Terminal. “Revitalizing the working Port of Boston means strategically purchasing equipment and modernizing the terminal to support that growth,” said Lisa Wieland, Massport’s port director, in a statement.
    The Port of Boston’s container volumes have increased during the past four years, with more than 298,000 TEUs handled in 2018.

I think there certainly has been increased interest in moving vehicles from Mexico to the U.S. by ocean. The challenge today is the cost element. Right now ocean just can’t compete with the rail cost.

Spot container rates from Shanghai to Los Angeles stood at $1,335 per FEU as of May 23, down 2% year-over-year, while rates from Shanghai to New York totaled $2,656 per FEU, up 8% year-over-year, according to Drewry’s World Container Index.

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Two new RTGs roll into Port of Boston

The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.

May 07, 2019 on Dec 27, 2018AmericanShipper.com

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Two new RTGs roll into Port of Boston

The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.

May 07, 2019 on Dec 27, 2018AmericanShipper.com