The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container throughput.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
London-based Shipamax, a participant in the logistics technology accelerator Dynamo's initial program last year, is aiming to digitize dry bulk broker processes.
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Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational realities of today's liner industry.
The Gulf Coast port’s total tonnage spiked 11 percent year-over-year during the quarter, while containerized cargo volumes increased 18 percent.
The Port Authority of New York and New Jersey will spend up to $70 million on a second environmental study and additional engineering work on a proposed freight rail tunnel connecting Jersey City with Brooklyn, or an improved barge service between the two.