Public ports in the United States play an important role in local and regional economies throughout the nation. They generate business development and provide employment to more than 13 million Americans, which includes those that work at the ports themselves and those employed in global trade and import/export support services. According to the American Association of Port Authorities, U.S. business activities related to waterborne commerce contribute more than $3 trillion to America’s economy. Seaport activities alone account for tens of millions in federal, state and local tax revenues. There are approximately 360 commercial ports that serve the United States, according to the U.S Coast Guard. Many of these accommodate ocean-going cargo, as well as barges, ferries and recreational watercraft. More than 150 deep draft seaports are located along the Atlantic and Pacific Oceans as well as the Great Lakes, the Gulf of Mexico, Alaska, Hawaii, Puerto Rico, Guam and the U.S. Virgin Islands. The Port of South Louisiana ranks first in cargo volume (in tonnage) among U.S. Ports, followed by the Port of Houston, Texas and the Ports of New York and New Jersey (Port Newark). Many of the country’s most prominent ports work closely with private industry in the development and financing of maritime-related facilities. More than 60 U.S. ports are now nearing the end of a five-year infrastructure development project created to expand and modernize their facilities for more efficient cargo movement. A by-product of this effort, beside additional job creation, is helping to make American exports more competitive overseas. America’s port authorities play a key role in the business of waterborne commerce. Their authority may also incorporate other global trade hubs such as airports, industrial parks and Foreign Trade Zones. Since 9/11, there has also been a renewed appreciation of the role that port authorities play in national security.
America’s Ports Surge Ahead: $5 Trillion In Funding Is Earmarked For Groundbreaking Infrastructure Overhaul
America’s coast hosts more than 300 ports, which are vital to the U.S. economy. Annually, the ports contribute more than… Read More
PCC Reaches Vancouver Destination
Vancouver welcomes Japanese Pure Car Carrier (PCC) Monoceros Leader last week, bringing with it 2,270 Subaru vehicles for discharge across… Read More
RECORD BREAKING NUMBERS REPORTED FOR FLORIDA PORT
Port Everglades released information this week boasting an impressive 1,108,465 TEUs for fiscal year 2018 – the highest number recorded to-date… Read More
WE CAN’T CONTAIN OURSELVES
As global trade continues to grow (albeit at a slower pace than the World Trade Organization initially projected for 2018),… Read More
FIT Opening New Cargo Facility at Port Everglades
Florida International Terminal, LLC. (FIT) is opening a new 32-acre containerized cargo terminal at Broward County’s Port Everglades with double the number… Read More
AAPA concerned over US trade tariffs
With the United States government’s announcement on the imposition of an additional $200 billion in protective trade tariffs against Chinese… Read More
GPA approves $92-million rail expansion
During a meeting of the Georgia Ports Authority board of directors in Atlanta last week, the GPA approved $92 million… Read More
AAPA lauds fiscal year 2019 Energy and Water Development Appropriation
Congressional leaders achieved a major accomplishment with the passage of the Energy and Water, Legislative Branch, and Military Construction and… Read More
Gulftainer agreement to operate and expand Port of Wilmington, Delaware
Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year… Read More
SC Ports achieves record container volume in August
The South Carolina Ports Authority has announced the highest monthly container volume in its history, with 206,541 twenty-foot equivalent container… Read More
Port of Corpus Christi ship channel improvement underway
Big changes are underway as the Port of Corpus Christi’s $353-million-dollar ship channel improvement project is in full swing. The… Read More
IANA Intermodal Expo 2018: Key takeaways and discussion topics
Beautiful Long Beach, California was the setting for IANA’s (Intermodal Association of North America) annual expo, the IANA Intermodal Expo… Read More
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