Florida International Terminal (FIT) has successfully renewed its lease agreement at Port Everglades for another 10 years, following authorisation by the Broward Country Commissioners and the local Port Authority. This extended tenure will see FIT invest $25m into the container terminal over the next 24 months,...
A settlement has been reached between South Carolina Ports Authority (SC Ports) and the International Longshoremen's Association (ILA) that will see The Port of Charleston's Hugh K. Leatherman marine terminal finally re-open. The agreement reached gives Leatherman's crane operators a choice to remain state employees or...
US exporters face unexpected costs and delays due to changes in dates for dropping off exports, which the Federal Maritime Commission (FMC) hopes to address with more consistent data. The FMC has sought input from shippers and other participants in the maritime supply chain for the...
This past week has seen the official re-opening of the Port of Baltimore. With $37 million in state-approved relief for business and workers impacted, thousands of jobs have been protected whilst more than 50,000 tonnes of bridge wreckage was cleared from the water. As cargo begins to...
April marked the eight consecutive month of year-over-year growth at the USA's second busiest seaport, the Port of Long Beach with over 750,000 TEUs moved throughout the month. The first four months of 2024 has seen the port move 2,753,244 TEUs, up 15.8% from the same...
As part of his election campaign, U.S. President Joe Biden has announced steep tariff increases to a wide array of Chinese imports, which has seen China state their opposition and intention to defend its own interests. These new tariffs affect $18 billion in imported Chinese goods...
A backlog at Oakland International Container Terminal (OICT) is expected to clear within the next fortnight. This backlog was caused by a combination of various factors, including an electrical outage, low worker productivity due to Super Bowl Sunday and super-post Panamax ships waiting for a...
A shortage of rail cars has resulted in rising rail container dwells across the ports of Los Angeles and Long Beach, with operators unable to move inbound rail boxes off their marine terminals in a timely manner. Fortunately, at this stage this has not caused...
Whilst the pandemic saw pre-existing trends in the US beverage alcohol market intensify, recent analysis indicates that as the alcoholic beverage market settles post-pandemic, there appears to be a return to historic trends, with a few minor exceptions: Whilst beer and still wines volumes declined...
Wine Victoria has announced a plan to implement a $2.2 million USA Market Development Strategy that aims to increase the sales of premium Victorian wine across the United States of America. This plan will deliver several programs over the coming years that amplify the presence of...