The Bureau of Transportation Statistics issued a Press Release
The Port of Los Angeles became the top U.S. international freight gateway by shipment value in 2003, according to a soon to be released report from the U.S. Department of Transportation’s Bureau of Transportation Statistics. America’s Freight Transportation Gateways shows that Los Angeles’ water port handled $17 billion in export trade and $105 billion in imports, totaling $122 billion in business handled by the port.
According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry. As per a Lucintel study, the global marine port and service industry is forecast to grow at a CAGR of 4.7% from 2015 to 2020. The major drivers of growth for this industry are high growth of the marine freight transportation industry and surging demand of containerized and bulk cargo
Landside freight transportation funds would increase; navigation, port security and emission reduction funds would drop The American Association of Port Authorities (AAPA) said today it is encouraged by the potential of significant gains for landside freight transportation programs in President Obama’s fiscal 2017 budget, bit is disappointed, however, in the proposed funding levels for U.S. Army Corps of Engineers coastal navigation programs
Acting for the National Waterways Foundation (NWF), the Center for Ports and Waterways at the Texas Transportation Institute, Texas A&M University, has amended their 2007 study, “A Modal Comparison of Freight Transportation Effects on the General Public” to include a comparison of Green House Gas (GHG) emissions between inland river barge transportation, highway and rail transportation.
The American Association of Port Authorities (AAPA) says it praises the leadership of the U.S. Senate’s Environment and Public Works (EPW) Committee for releasing the six-year MAP-21 Reauthorization Act (S. 2322) that puts a high priority on freight movement investments. AAPA President and CEO Kurt Nagle said: “We commend Senator Barbara Boxer (D-CA and Chairman of the Environment and Public Works Committee), Senator David Vitter (R-LA and Ranking Member of the Committee)
Avalon Freight Services co-founded by Greg and Tim Bombard and Harley Franco, will debut freight service on Friday, April 1, 2016. Currently scheduled to operate a minimum of five days a week, year round, the company will transport freight from Berth 95 in San Pedro and the Pebbly Beach freight facility in Avalon. Franco states, “The collective experience of Harley Marine, a leading provider of maritime transportation services in the United States
U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov. Terry McAuliffe, and other Federal, state and local officials to break ground on two major infrastructure projects at the Port of Virginia. Supported by nearly $200 million in federal funding
Cantwell, Booker, Murray, Markey introduce freight investment legislation aiming to eliminate chokepoints at critical highway, rail, port and intermodal facilities to support economic growth, and reduce the impact of freight movement on communities U.S. Senators Maria Cantwell (D-Wash.), Cory Booker (D-N.J.), Patty Murray (D-Wash.) and Edward Markey (D-Mass.) introduced legislation to establish a multimodal freight investment policy to keep America businesses
Exhaustive studies by The National Waterways Foundation (NWF), a center for research and learning where industry leaders address public policy issues related to America’s inland waterways system, conclude that inland waterways transport generates fewer emissions of particulate matter, hydrocarbons, carbon monoxide and nitrous oxide than rail or truck on a per ton mile moved basis. But, it’s one thing to claim that metric
Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews. An event to raise Azerbaijan`s state flag in the “Vagif”
The newly released 2016 Indiana Logistics Directory reports that Indiana ranks high nationally in its ability to move freight via truck, rail, water and air. The state is ranked in the top five states in more than 25 logistics-related categories and in the top 10 in 109
Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year. The pure play LNG transportation provider said that an oversupply of shipping in the carrier market
The members of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, elected a new slate of leaders during AWO's Spring Convention held recently in Washington, D.C. James F
In celebration of Earth Day 2016, The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) released a fact sheet highlighting the many environmental and energy efficiency benefits of our nation’s waterways. Among them, Did You Know...
FESCO Transportation Group, in cooperation with the Maritime port of Olya, is launching the Trans-Caspian intermodal service FESCO Russia Iran Service (FRIS), to carry out freightage between Russia and Iran. The service includes shipping over the Caspian
Global distillate markets remain heavily oversupplied but the glut will not clear unless the world economy avoids recession and there is a renewed acceleration in freight demand. Recent data have been mixed. The consumer side of the U.S. economy appears to be strong but the industrial side is
Commodities trader Cargill has appointed a new head of its shipping business, weeks after announcing it would close its London freight unit amid a worsening global seaborne market. The dry bulk sector, which transports commodities such as coal and grain
As part of its 20th anniversary celebration, Argosy Transportation Group (ATG) is sponsoring various professional events, and contributing toward initiatives in education within the maritime industry. ATG said it appreciates the importance of investing in young professionals
The U.S. Department of Transportation (USDOT) is now soliciting applications for the Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant program. The FASTLANE program is a new program in the Fixing America’s Surface
Regulations Now in Final Stage of Administration Review. The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, hailed the Department of Homeland Security’s approval of the U.S. Coast Guard’s rule to establish an inspection
The U.S. Federal Maritime Commission (FMC, the federal agency responsible for regulating the nation’s international ocean transportation, has completed compromise agreements recovering a total of $520,000 in civil penalties, announced FMC Chairman, Mario Cordero.
Nowhere is that more important than on the Atlantic Intracoastal Waterway. As 2016 begins, we at the Atlantic Intracoastal Waterway Association (AIWA) are looking forward to participating in the ongoing dialogue regarding the need for strategic investments in the Nation’s Marine
Seaports are seeing a steady rise in waterborne cargo volumes according to new numbers from U.S. Army Corps of Engineer’s report. Overall, 2014 freight tonnages increased 3.1 percent over 2013 totals. The Corps of Engineers’ Waterborne Commerce Statistics Center tracks the commercial
Freight volumes in the United States have fallen year on year for the first time since 2012 and before that the recession of 2009, according to the Bureau of Transportation Statistics. The total volume of freight moved by road, rail, pipeline