Unitrans Newsletter | Edition 18 | March 27, 2015
View this email in your browser

In Edition 18:
West Coast Update
Port of Savannah Reports Volume Increases
U.S. Truck Volumes Decrease in February
Port Of Virginia Update
Port of New Orleans Volumes Leap
> Panama Canal Discusses Additional Expansion Project
> Links of the Week

Links of the Week

US and Brazil Agree to Increase Cooperation on Trade and Continue Strengthening Commercial Relationship

AAR Weekly Rail Traffic Report

 

West Coast Update

Southern California port executives held an initial meeting earlier this week to collaborate on improvements for the nation's largest port complex. The FMC's approval on February 26, granted the two ports permission to work together to find new ways to prevent congestion and cargo delays, improve the transportation network and enhance air quality at the West Coast gateway. The initial meeting discussed the framework for how the ports will cooperate, work with stakeholders from throughout the supply chain and communicate the results of the efforts. The ports will discuss possible innovative approaches to improving the efficiency of marine terminal, trucking, rail and vessel operations.

According to the Marine Exchange of Southern California, there were twenty-two containerships at anchor in the San Pedro Bay on Monday, March 23, nineteen on Tuesday and nineteen on Wednesday. As previously reported, the ILWU will hold a caucus beginning next week, March 30. If the caucus recommends approval of the tentative labor contract agreement, the union membership will vote by secret ballot in April.

Port of Savannah Reports Volume Increases

The Port of Savannah reported that container volumes increased 8.6 percent year-over-year for the month of February, excluding empty containers. Savannah's total volume of full and empty containers climbed to 284,037 TEUs in February, a 14.2 percent increase from 2014. To keep pace with the volume increases, the port authority board approved a $10 million contract on March 23 to cover the second phase of a $27 million gate and empty-container depot at Savannah's Garden City Terminal.

In addition to the $10 million contract, the board allotted $3.7 million for earthwork on 50 acres on the south side of Colonel's Island at Brunswick. Furthermore, the board approved construction on the third phase of Brunswick's Anguilla Rail Yard. The rail work includes two 4,200-foot rail storage tracks, estimated to cost about $2.7 million. Read the Georgia Port Authority press release here.

U.S. Truck Volumes Decrease in February

According to the American Trucking Association (ATA), U.S. truck cargo volumes declined in February, as a result of severe winter weather and lingering effects of West Coast port congestion. Additionally, the for-hire truck tonnage decreased 3.1 percent in February, the lowest drop since September 2014. However, the seasonally adjusted index still yielded a 3 percent increase year-over-year. Read the ATA press release here.

Port of Virginia Update

The Port of Virginia recorded a 1 percent decrease in container volumes and $560,000 operating loss for the month of February this year. In an effort to combat congestion due to severe winter weather and West Coast cargo diversion, the state port authority reached out to U.S. Customs and Border Protection (CBP) late last week for permission to pay overtime for customs officers working extended operating hours. A CBP program permits ports and other American gateways to reimburse customs workers for overtime hours to provide flexibility and cope with fluctuations in cargo volumes. The Port of Virginia has been working to recover from a four day weather related port shutdown which occurred in mid-February.

Port of New Orleans Volumes Leap

Cargo tonnage at the Port of New Orleans reached a 14-year high, moving a total of 8.37 million tons during 2014. The return of Chiquita Brands as a customer after a 40-year hiatus helped boost the port's banana imports from 20,540 tons to 72,165 tons. Chiquita recently relocated its shipping operations from the Port of Gulfport in Mississippi to the Port of New Orleans. Additionally, exports of frozen poultry grew 5.5 percent to 351,523 tons. The port's container volumes set a record of 490,426 TEUs in 2014, and officials project container traffic will exceed 500,000 TEUs this year. Read the Port of New Orleans press release here.

Panama Canal Discusses Additional Expansion Project

A year prior to the scheduled completion of a $5 billion expansion project, the Panama Canal Authority is discussing the idea of building even larger locks to compete directly with the Suez Canal. The current expansion project would allow the canal to handle 14,000 TEU containerships and is scheduled to be completed by April of 2016. In order to maintain competitiveness, the canal authority is looking to install a fourth set of locks which would enable the canal to handle 20,000 TEU vessels. If the canal chooses to proceed, the canal authority's chief executive stated the project could be completed within 15 years and is estimated to cost $16 to $17 billion.


Unitrans International Logistics
peace of mind > every time
All business transactions are based on Unitrans' terms and conditions, available on request. Unitrans is a certified member of C-TPAT - Customs Trade Partnership against Terrorism. Our SVI number for Customs House brokerage is: uniBro00850. 

Our email address is:
marketing@unitrans-us.com
 
Unitrans is a proud Roadrunner company

unsubscribe    subscribe 

Copyright © 2015 
LinkedIn
LinkedIn
Unitrans
Unitrans