A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.
Port of Los Angeles
The California High-Speed Rail Authority (CHSRA) and officials from the Port of Los Angeles were honored at the annual WTS-LA Scholarship and Awards dinner. Also, the Transportation Security Administration (TSA) has appointed 25 voting members to serve on the Surface Transportation Security Advisory Committee (STSAC).
October cargo volume at the Port of Los Angeles was down 25% from the same month last year; September and August saw similar drops.
The Port of Savannah handles 1.5 million twenty-foot equivalent units (TEUs) in the first quarter of Fiscal Year 2023. Also, SeaPort Manatee reports a 34.6% cargo increase for Fiscal Year 2022; ITS Logistics’ US Port/Rail Ramp Freight Index reports challenges in the Gulf Coast Region; Port of Los Angeles cargo pace cools in September; and NFI makes investment in Canadian intermodal business.
The California State Transportation Agency (CalSTA) on Oct. 12 issued final guidelines and a call for projects for $1.2 billion in one-time state funding for port and infrastructure projects to “build a more efficient, sustainable and resilient goods movement system.”
Rocky Mountain Industrials, Inc. (RMI) engages JHL Constructors, Inc. (JHL) to begin construction of Rocky Mountain Rail Park’s northern parcel. Also, container dwell fee at the Ports of Los Angeles and Long Beach is put on hold through Oct. 21; and the Port Authority of New York and New Jersey (PANYNJ) reports facility volumes for August 2022.
Port of Savannah handles more than 575,000 twenty-foot equivalent container units (TEUs) in August. Also, Port of Los Angeles cargo volume eases in August.
The Port of Los Angeles, Calif., and the Port of Virginia® have set July cargo records.
The Intermodal Association of North America (IANA) announces winners of its three industry awards. Also, the Port of Los Angeles sets new June cargo record and J.B. Hunt Transport Services Inc. (J.B.
California Gov. Gavin Newsom on June 30 signed the state’s upcoming fiscal year budget, which includes $2.3 billion for port infrastructure improvements and upgrades, including $110 million for the creation of a