John Gallagher
Tuesday, October 29, 2024
Top US container ports awarded $1.6B to electrify
Los Angeles, New York and Virginia ports alone net over $1 billion from EPA to cut pollution.
Los Angeles, New York and Virginia ports alone net over $1 billion from EPA to cut pollution.
Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.
Cargo volumes at the Port of New York and New Jersey were 7.5% higher than November 2019 but 11% lower year over year.
Higher amounts of loaded imports and empty export boxes contributed to a nearly 15% increase in volumes.
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.