US ports

Imports unexpectedly increase at US ports

Imports increased to unexpected high levels this summer and may have hit a new record, as the US economy continues to reopen and retailers stock up for the holiday season, according to the National Retail Federation and Hackett Associates.

NWSA TEU volumes drop 17% in July

In line with a trend of decreasing port volumes in light of the COVID-19 pandemic, the Northwest Seaport Alliance, including the ports of Tacoma and Seattle, handled 270,388 TEUs in July 2020, a 17.2% decline compared to July 2019. Full imports declined 15.9%, while full exports decreased 23.4%.

Port Canaveral lays off 40% of employees

As the COVID-19 crisis continues, the port Canaveral, central Florida’s seaport and the second largest cruise homeport, will be reducing its employees by more than 40% through layoffs, furloughs and attrition. 

Pennsylvania extends cargo growth incentive program

The Governor of Pennsylvania, Tom Wolf, announced that the state’s Intermodal Cargo Growth Incentive Program (PICGIP) will be extended through 2022, in comparison to the previous plans of being slated to end of June 2020.

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