Tuesday, June 28, 2016

Panama’s Big Bet, Part 3: A game changer for U.S. trucking?

CCJ: "The consensus is any shift won’t happen overnight. While most major East Coast ports can accept up to 10,000-TUE ships, they are scrambling to complete billion-dollar projects to host the 14,000-TEU ships capable of passing the Panama Canal. The Port of New York and New Jersey is set to complete the Bayonne Bridge navigational clearance project late next year, while the Port of Charleston and Port of Savannah are currently working on dredging projects to allow the largest Neopanamax ships to reach their ports in the next two years."