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Global Gateways: Page 97

Charleston Looks to Have Deepest Port on U.S. East Coast

The U.S. Army Corps of Engineers has given its final substantive approval for the deepening of South Carolina's Charleston harbor to accommodate post-Panamax container ships.

Insurance Damage Caused by Tianjin Blasts Could Top $3Bn

New York reinsurance broker Guy Carpenter & Company has estimated that it could cost $3.3bn to cover the extent of losses associated with the Tianjin explosions.

Retail Imports Are on Rise as Holidays Approach

Import cargo volume at the nation's major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Exports From U.S. Foreign-Trade Zones Hits All-time High of $99Bn in 2014

The value of exports from America's foreign-trade zones (FTZs) increased by 24.8 percent in 2014, to a record $99.2bn in merchandise exported, according to figures released by the U.S. Foreign-Trade Zones Board in its recent Annual Report to Congress. The 2014 export figure also represents a threefold growth of FTZ exports in the five years since 2009.

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Vessels in or Near Tianjin Explosions May Be Contaminated With Hazardous Chemicals, Maritime Administration Warns

The United States Maritime Administration has issued Advisory 2015-02 concerning possible contamination by hazardous materials caused by the explosions that occurred last month at the Port of Tianjin, in China.

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Port of Oakland Plans Terminal Operations on Saturdays

The Port of Oakland, in an effort to relieve weekday congestion, will initiate Saturday gate operations at four of its container terminals.

Container Port Growth Prompts Terminal Operators to Invest in Additional Capacity

Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry.

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Tianjin Automobile Supply Chain, Disrupted by Blasts, May Take Several Months to Recover

IHS Automotive estimates a production loss of 2,200 cars per day at Toyota's plants as a result of the recent explosions in China's Port of Tianjin.

Imports Expected to Top Those at U.S. Ports This Time Last Year

Import cargo volume at the nation's major retail container ports is expected to increase 3.6 percent this month over the same time last year as retailers begin to bring in merchandise for the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. Imports for the year are expected to be up 4.2 percent over 2014.

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Robust Demand Reported for Warehouse, DC Space Near Top U.S. Seaports

Distribution centers near the nation's top seaports are bursting with consumer goods and other cargo - and that's before the Panama Canal extension opens next spring. Distribution center and warehouse occupancy levels have reached historic highs, while expensive construction and labor costs keep new development sparse in many seaport industrial real estate markets.

Challenges and Rewards of Moving Freight Between the U.S. and Mexico

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Imports Rebound as U.S. Retailers Prepare for Back-to-School Sales

Import cargo volume at the nation's major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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