Oakland’s Outer Harbour Terminal files for bankruptcy

Ports on the east of the US face a triple challenge from the drought in Panama, the Suez Canal security issue, and the ILA’s determination to fight automation.

“The trends continued in February. Consumer demand remains strong in Northern California & Rocky Mountain states for imports and in Asia for the exports.”

The increase in export volume can be partially attributed to consumer demand in Asia remaining high for U.S. agricultural exports.

The planned development of Louisiana International Terminal (LIT) downstream of the Port of New Orleans on the Mississippi River has received another financial boost, with it securing over US$226M in new federal funding.

APM Terminals (APMT)has finally agreed a deal with Plaquemines Port Harbor and Terminal District to help build and operate a new container terminal in Plaquemines Parish on the west bank of the Mississippi River about 20 miles south of New Orleans.

The northern Californian port of Oakland has launched its new Freight Intelligent Transportation System (FITS), a smart port solution that should improve the efficiency of its operations.