Ports of Indiana and the Indiana State Department of Agriculture sign a Memorandum of Understanding to boost agriculture trade and container shipping. Also, Port of Los Angeles handles a record number of TEUs (Twenty-Foot Equivalent Units) in September; and Oregon International Port of Coos Bay secures a $25 million U.S. Department of Transportation grant.
The Port of Los Angeles on Oct. 4 reported that air pollution from its operations is at the lowest level since 2005, when the Port began tracking emissions from all sources moving
We adjust our third-quarter 2024 estimates for the U.S. railroads to reflect volumes quarter-to-date (QTD), mix headwinds and diesel tailwinds. Our TD Cowen rail survey offers a slightly negative read for the rail pricing outlook. Hurricane Helene could have notable impact in the fourth quarter for the Eastern carriers but it is too soon to know just how much. We remain cautious on U.S. group into the print.
August cargo at the Port of Los Angeles approaches one million Twenty-Foot Equivalent Units (TEUs). Also, administration officials says President Biden won’t block potential strike at East Coast Ports; the University of Tennessee, Knoxville takes the number one spot at the Intermodal Association of North America’s (IANA) 2024 Intermodal Case Study Competition; and TRAC Intermodal is named the Best Overall Chassis Provider at the Port of New York and New Jersey (PANYNJ) by the Association of Bi-State Motor Carriers.
The Los Angeles (Calif.) Harbor Commission on Sept. 5 approved a lease amendment that finalizes plans for a $52 million infrastructure improvement project to “significantly improve the on-dock rail capacity and reduce overall emissions” at the Port of Los Angeles’ Pier 300 terminal operated by Fenix Marine Services. Construction is expected to begin next year.
OmniTRAX announced Sept. 5 that it has acquired Central Arizona Commerce Park’s (CAZCP) rail infrastructure and remaining park acreage marking the infrastructure developer’s third rail transaction in the past six months.
An early peak season helps boost July volumes at the Port of Los Angeles, Calif. Also, the Port of Oakland, Calif., and the Northwest Seaport Alliance in Washington State join the U.S. Department of Transportation’s (USDOT) Freight Logistics Optimization Works (FLOW) initiative.
The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month and less than 1% compared to last June, which was the Port’s best month in 2023. Six months into 2024, the Port of Los Angeles is 14% ahead of the previous year.
The Herzog/Stacy and Witbeck Joint Venture has wrapped up construction on a $73 million rail expansion project at Pier 400, the Port of Los Angeles, Calif., reported July 10. The project,
Pacific Harbor Line (PHL) last month hosted a “fact-finding” tour at the San Pedro Bay port complex in California for Robert E. Primus, the new Surface Transportation Board (STB) Chair, according to