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Port of Los Angeles records busiest January in port's 110- year history

Port of Los Angeles records busiest January in port’s 110- year history

The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest January in the port’s 110-year history, outpacing last January, which was the previous record for the first month of the year. It was also the second-best month overall…

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Simulation Confirms Port of NY & NJ Can Handle ULCVs through 18,000 TEUs

Simulation Confirms Port of NY & NJ Can Handle ULCVs through 18,000 TEUs

A state-of-the-art computer simulation has confirmed that both new classes of ultra large container vessels (ULCVs) – those handling 14,000 and 18,000 TEUS — can safely navigate the Port of New York and New Jersey. The critical components to facilitate such transits will be communication and coordination among the various port stakeholders, said officials in…

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NY Port Authority Approves Largest Ever $32.2 Billion 10-Year Capital Plan

The plan allows for $11.6 billion in major redevelopment projects to advance at the region’s major airports during the next decade, including the $4 billion LaGuardia Terminal B replacement, the largest transportation public-private partnership in the United States. It also provides for the advancement of work on Terminal A at Newark Liberty International Airport and…

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US Imports Set to Rise after a Solid 2016

Despite surplus inventory levels, lower consumer spending, Hanjin Shipping’s collapse and several other detrimental factors, US containerized imports maintained an upward trend in 2016, rising an estimated 3.6% for a record of 20.4 million 20-foot equivalent units. Mario Moreno, senior economist for the IHS Maritime & Trade, reports an expected increase in imports in 2017,…

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