Public ports in the United States play an important role in local and regional economies throughout the nation. They generate business development and provide employment to more than 13 million Americans, which includes those that work at the ports themselves and those employed in global trade and import/export support services. According to the American Association of Port Authorities, U.S. business activities related to waterborne commerce contribute more than $3 trillion to America’s economy. Seaport activities alone account for tens of millions in federal, state and local tax revenues. There are approximately 360 commercial ports that serve the United States, according to the U.S Coast Guard. Many of these accommodate ocean-going cargo, as well as barges, ferries and recreational watercraft. More than 150 deep draft seaports are located along the Atlantic and Pacific Oceans as well as the Great Lakes, the Gulf of Mexico, Alaska, Hawaii, Puerto Rico, Guam and the U.S. Virgin Islands. The Port of South Louisiana ranks first in cargo volume (in tonnage) among U.S. Ports, followed by the Port of Houston, Texas and the Ports of New York and New Jersey (Port Newark). Many of the country’s most prominent ports work closely with private industry in the development and financing of maritime-related facilities. More than 60 U.S. ports are now nearing the end of a five-year infrastructure development project created to expand and modernize their facilities for more efficient cargo movement. A by-product of this effort, beside additional job creation, is helping to make American exports more competitive overseas. America’s port authorities play a key role in the business of waterborne commerce. Their authority may also incorporate other global trade hubs such as airports, industrial parks and Foreign Trade Zones. Since 9/11, there has also been a renewed appreciation of the role that port authorities play in national security.
Surge in U.S. Inbound Containers Signals Economic Growth in 2024
In the opening months of 2024, the United States has witnessed a significant surge in inbound container volumes, signaling robust… Read More
UPDATED: U.S. Congress Passes Water Resources Bill
The United States Congress passed a new water resources bill over the weekend. The House of Representatives passed a final… Read More
Port of Virginia: November Cargo Volumes Strong
With peak season nearing its close, The Port of Virginia in November handled 236,155 TEUs making it the second-busiest month… Read More
Port Tampa Bay Expands Footprint
Already the largest and most diversified seaport in the state of Florida, Port Tampa Bay announced yesterday the opening of… Read More
NYK Ports Acquires Share of NYNJ’s Largest Terminal
Together with Macquarie Infrastructure Partners III (MIP III), NYK Ports, NYK’s subsidiary company, has invested in Maher Terminals, acquiring a… Read More
$300 Million Investment for Port of Philadelphia
Pennsylvania Governor Tom Wolf announced last week a comprehensive capital investment program at the port of Philadelphia that will result… Read More
Port Manatee Fuel Operations Expanding
Fuel operations at Port Manatee, Florida, are undergoing significant expansion, with additional capacity and a long-term contract extension expected to… Read More
West Coast Ports Need Better Supply Chain Information
The U.S. Department of Transportation’s (DOT) freight-related activities are increasingly multi-modal and inclusive of ports, but gaps exist in the… Read More
Port of Vancouver USA Seeking Operator for Terminal 5
The Port of Vancouver USA, located in the state of Washington, is seeking statements of interest from firms interested in… Read More
Port of Wilmington, NC Touts New Asia Container Service
North Carolina Ports has entered a new partnership with Mediterranean Shipping Company (MSC) and Maersk Line with the addition of… Read More
Grant Will Improve Efficiency Of Barge Operations at NYNJ
The Port Authority will make investments to improve the barge program that transports containers between Red Hook in Brooklyn, New… Read More
JAXPORT’s New Rail Terminal Open for Business
JAXPORT’s new $30 million Intermodal Container Transfer Facility is now officially open for business. The ICTF provides on-dock rail service… Read More
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