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
POLB Meets Future With Capital Improvements
The port of Long Beach is currently in the middle of executing its 2016 Strategic Plan, including a 10-year, $4… Read More
How Did the Port of Long Beach Rebound?
The year that recently ended saw a big rebound for the port of Long Beach. Its biggest year since 2007 took… Read More
SC Ports Authority Posts 10 Percent Container Growth in 2015
The South Carolina Ports Authority (SCPA) posted a 10-percent growth in containers in 2015, a year highlighted by strong volumes… Read More
Port of Long Beach Moves Over Seven Million TEUs in 2015
Propelled by six consecutive months of rising cargo volumes in the final two quarters of 2015, the Port of Long… Read More
Port of Houston Posts Record Container Volume in 2015
The Port of Houston Authority (PHA) surpassed two-million twenty-foot-equivalent units (TEUs) handled in 2015 by mid-December, setting a new record… Read More
St. Lawrence Seaway Wraps Up 2015 Navigation Season
With water temperatures well above the 10-year average, the St. Lawrence Seaway closed its 2015 navigation season ice free at… Read More
Charleston Harbor Deepening Project Recommended for Congressional Authorization
The 52-foot Charleston Harbor Deepening Project has been recommended to Congress for authorization, continuing the project’s historic momentum through the… Read More
Enterprise Completes Final Segment of Aegis Pipeline
Enterprise Products Partners L.P. has completed construction, commissioned, and initiated operation of the remaining 162-mile portion of the Aegis ethane… Read More
Enterprise Products Completes Final Phase of LPG Export Terminal Expansion
Enterprise Products Partners has increased the loading rate at its liquefied petroleum gas (LPG) export terminal on the Houston Ship… Read More
NuStar and ConocoPhillips Loaded Their First Export Cargo of U.S. Crude Oil After Lifting of Export Ban
On the heels of the U.S. government’s recent lifting of the ban on the export of crude oil produced in… Read More
CMA CGM BENJAMIN FRANKLIN Departed Oakland After Completing Maiden Calls to U.S. Ports
The CMA CGM BENJAMIN FRANKLIN successfully completed its maiden calls to the U.S. by berthing in the Port of Oakland… Read More
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