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.
The Port of Freeport on Grand Bahama Island received two 40-foot shipping containers in addition to 18 containers filled with… Read More
Work will begin this summer on a two-year, $44.6 million project to improve the marine container terminal operated by Yusen… Read More
The ports of Los Angeles and Long Beach have established a series of joint working groups desgined to optimize facilities… Read More
The economy in the U.S. Pacific Northwest has enjoyed a handsome return on the investment made deepening of the Columbia… Read More
Crowley Maritime Corp. will add sailings between Pennsauken, N.J., and San Juan, Puerto Rico, this summer. The move comes in… Read More
The cost of the ongoing labor dispute that has all but paralyzed cargo-handling activity at ports from Seattle to San… Read More
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