St. Louis Regional Freightway, Port of Savannah Partner
The St. Louis Regional Freightway and the Port of Savannah are forging a partnership to create a new connection between the St. Louis, Mo. region and the largest single-terminal container facility in the western hemisphere. In response to record movement of 4.3 million TEUs (20-foot equivalent units) in fiscal year 2017, the Port of Savannah is investing $3 billion to increase its containerized cargo capacity from 5 to 8 million TEUs by 2028. The investment will accelerate the…
Kirby Posts 2019 Q1 Results
Kirby Corporation announced net earnings attributable to Kirby for the first quarter ended March 31, 2019 of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share, for the 2018 first quarter. Excluding certain one-time charges, 2018 first quarter net earnings attributable to Kirby were $37.9 million, or $0.63 per share. Consolidated revenues for the 2019 first quarter were $744.6 million compared with $741.7 million reported for the 2018 first quarter.David Grzebinski…
Demand for Box Shipping of Soybeans to Asia Grows
Countries in Asia, led by Indonesia, are increasingly relying on shipping containers to transport their purchases of U.S. soybeans, according to an analysis of federal data released by the Illinois Soybean Association (ISA).The number of soybeans shipped in containers to Asian countries has grown 40 percent since the 2014-2015 crop marketing year, from 2 million metric tons to 2.8 million metric tons. Indonesia is the top buyer of container shipments of soybeans at about 1.4 million metric tons…
U.S. Army Corps Selects 10 Beneficial Use Pilot Projects
At the end of December, the U.S. Army Corps of Engineers (ACE) announced its selection of ten dredging projects that will form the core of a pilot program to advance the beneficial use of dredged material.The recent U.S. Army Corps of Engineers’ announcement culminated a program required by Congress, established within the Water Resources Development Act (WRDA) of 2016, specifically Section 1122. Congress directed that the ten pilot projects selected were required to present environmental…
Inland Port Development: Take the train
The intermodal equation for any deep draft port is incomplete without its inland component.It’s definitely a work in progress.There are inland ports in the truest sense: major lakefront and riverfront cities such as Chicago and St. Louis, including even Duluth and Tulsa, with vast distribution areas, wildly varying cargo, roads, trains and waterways to serve them.And, then, there are inland ports, dry ports that have vast distribution areas, containerized cargo delivered from true oceanfront ports…
U.S. DOT Announces New MTSNAC Members
U.S. Transportation Secretary Elaine L. Chao today announced the appointment of 29 members to the Maritime Transportation System National Advisory Committee (MTSNAC).Established in 2010, the MTSNAC is made up of leaders from commercial transportation firms, trade associations, state and local public entities, labor organizations, academia, and environmental groups that advise the Secretary on policies to ensure that the marine transportation system can respond to projected trade increases.“This advisory committee will help strengthen and modernize our nation’s maritime capabilities…
Norfolk Southern Invests in Automation
American transportation company Norfolk Southern has signed a deal with Kalmar, part of Cargotec, for supply of four Kalmar SmartPower rubber-tyred gantry cranes (RTGs) equipped with a suite of process automation solutions.According to a press release, the order was booked in Cargotec's 2018 Q4 order intake with delivery scheduled to be completed by the end of Q4 2019. Norfolk Southern Railway subsidiary operates approximately 19,500 route miles in 23 states, serves every major container ports in the eastern United States and provides efficient connections to other rail carriers.
SeaCube Awarded U.S. TransCom Contract
SeaCube Container Leasing International has been awarded indefinite-delivery/indefinite-quantity, firm-fixed-price contracts for leasing and transportation of intermodal container equipment. Performance is from March 1, 2019, to Feb. 29, 2020. Work will be performed at multiple continental U.S. and outside continental U.S. locations. The contracts utilize fiscal 2019 and fiscal 2020 operations and maintenance funding. The U.S. Transportation Command, Directorate of Acquisition…
WCI Honors Senator Duckworth
On February 12, 2019, Senator Tammy Duckworth (D-IL) received Waterways Council, Inc.'s (WCI) 18th Annual Leadership Service Award for her continual championing of ports and inland waterways. She was presented the award by Wade Beasley, Business Representative, Carpenters Local 174, Chicago Regional Council of Carpenters. WCI President & CEO Mike Toohey said, “Senator Duckworth is an American hero, and a stalwart advocate for the inland waterways in her state of Illinois, and throughout the United States.
Excessive Rain Disrupts US River Barge Shipping
Excessive rains across the central United States over the past week have slowed the harvest of corn and soybeans, while rising water levels closed at least three locks on the Upper Mississippi River, a key artery for shipping Midwest grain to U.S. Gulf exporters.Cash bids for corn shipped by barge to the Gulf firmed on Tuesday, reflecting exporter demand and dwindling pipeline supplies as rising river levels slowed barge traffic.The United States is the world's top corn supplier, and sales of the yellow grain represent one U.S.
New Report Highlights Positive Impact of Illinois International Port District
The Great Lakes Seaway Partnership announces the release of Economic Impacts of the Port of Chicago, a report documenting the many contributions made by the Illinois International Port District (IIPD) and Great Lakes Seaway Shipping to the City of Chicago, Cook County, State of Illinois and Great Lakes region.The study reports that in 2017 the IIPD and maritime commerce supported:6,381 jobs$820.4 million in economic activity$514.8 million in personal income and local consumption…
U.S. Soybean Growers Mull Box Shipping as Trade War, Record Harvest Loom
Illinois Soybean Association Rallies U.S. Growers to Consider Shipping Via Container to Find New Markets for Anticipated Record Harvest.The anticipated bumper harvest of U.S. soybeans this fall amid a trade dispute with China presents an opportunity for growers to reach new international markets with containerized shipping. Farmers this spring sowed more soybeans than corn for the first time in 35 years. But prices have dropped since China, the world’s biggest market for soybeans, placed a 25 percent tax on imported U.S. soybeans, in response to U.S. tariffs on a swath of Chinese goods.
Illinois Soybean Growers Encouraged by U.S-China Trade Talks
Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: “As the nation’s top soybean-producing state, we are encouraged that talks are occurring between the United States and China leaders with hopes that our soybean market can be restored. Free trade and access to markets are critically important to producers’ livelihoods and profitability. We echo the need for the tariffs to be rescinded. We also need to see the promise of a Farm Bill delivered.
Sherwin-Williams' Schultz Honored
SSPC (The Society for Protective Coatings) named Mark Schultz, Government Marine Project Development Manager for Sherwin-Williams Protective & Marine Coatings, winner of the 2018-2019 John D. Keane Award of Merit. The award recognizes Schultz’s 25 years of significant contributions to the development of the protective coatings industry and to SSPC.Schultz was recognized with the award February 11, 2019, at the SSPC Coatings+ Conference in Orlando, Florida.Schultz, an SSPC Protective…
Redzic Joins Caterpillar as Digital Enabled Solutions VP
The board of directors of Caterpillar Inc. has appointed Ogi Redzic as a vice president to lead the company’s Digital Enabled Solutions Division (DESD), effective July 30, 2018. He will be based in Caterpillar's Chicago office and report to Group President of Customer & Dealer Support Bob De Lange.DESD is comprised of the company's data analytics group, the enterprise data hub, equipment management tools, Cat Connect technologies and customer experience portals.Redzic takes over for Caterpillar Vice President Julie Lagacy, who has led DESD on an interim basis.
In 1921, Thomas Edison told Forbes magazine, “I have not failed. I’ve just found 10,000 ways that won’t work.” He could have been talking about Olmsted. That’s because, after more than 30 years of frustratingly slow progress, cost overruns and more than a few mistakes, Olmsted is finally poised for success. That’s something to celebrate.It is official: The U.S. Army Corp of Engineers (USACE) wants Olmsted operational by October. And, not a moment too soon. After more than 30 years, the ribbon cutting to officially open the Olmsted Locks and Dam will take place on August 29.
Ports of Indiana Names Coda CEO
Vanta E. Coda II has been named as the Ports of Indiana's next chief executive officer to replace outgoing CEO Rich Cooper who is set to retire July 1, 2018.Coda returns to the Ohio River Valley with 25 years of experience in maritime and multimodal operations on the Great Lakes, Gulf of Mexico and Ohio River. He most recently served as the executive director for the Duluth Seaway Port Authority, operating in the busiest port district on the Great Lakes. During his time at Duluth…
New Mississippi Container Terminal Planned
Plans have been put in motion to develop a new intermodal container terminal on the lower Mississippi River. Designed to service the largest ocean carriers, the new 1,000 acre container terminal will be capable of docking vessels up to 20,000 TEU with deep-water access and 21,600 linear feet of waterfront allow for multiple ocean and APCT vessels to be accommodated simultaneously. The container port, located between mile 50 and 55 on the Mississippi River, will be the southern-most full service port complex on the river…
APM Terminals Boosts Walmart Hub at Port of Mobile
APM Terminals Mobile welcomes Arkansas-based global retail giant Walmart’s plans for a new International Distribution Center to be opened 15 miles from the port. The sixth of Walmart’s US international distribution centers, the Irvington, Alabama facility will handle Walmart’s import cargoes destined for Walmart’s Regional Distribution Centers in the American South. The recently completed Panama Canal lock widening project will permit vessels of up to 13,000 TEU capacity to transit the canal…
First Ocean Vessel of 2017 Arrives at Port of Indiana
The first ocean vessel of the year arrived at the Port of Indiana-Burns Harbor marking the official opening of the international shipping season. Port officials welcomed the 413-foot general cargo carrier BBC Mont Blanc and presented the captain with the Ports of Indiana Steel Stein. "The arrival of the first ocean ship of the new year is an exciting time not only for our port, but also for our port companies and numerous other regional businesses that rely on the cargoes these vessels carry," said Port Director Ian Hirt. "For northwest Indiana, the opening of the St.
Digging Deep for Good News
Dredging firms look ahead to more business, here and across the big pond. Along the way, Mother Nature and good business planning will both help. In the waning days of 2016, the outlook brightened dramatically for the big U.S. dredging contractors. Just before Congress dispersed for the Holidays, then-President Obama signed a pivotal piece of legislation – the Water Infrastructure Improvements for the Nation (WIIN) Act, S612. Authorized needed investment in America’s ports, channels…
New Orleans' Big Plans Showing Dividends
A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers. Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years, across multiple business sectors. For example, in April 2016, NOLA’s Board dedicated a $25 million Mississippi River intermodal terminal, capable of handling 160,000 twenty-foot-equivalent (TEU) units per year by rail. CN Railroad signed a memorandum of understanding (MOU) a year earlier (2015)…
Locks Failure Highlights US Infrastructure Woes
The Ohio River was closed to commercial navigation on Monday near Brookport, Illinois, after a hydraulic system used to open and close lock gates at lock and dam 53 failed, the Waterways Council said. A queue of more than 65 towboats was waiting to pass through the area on Monday morning, the group said in a news release. The closure was the latest headache for shippers scrambling to haul newly harvested soybeans from Midwest farms to export terminals along the Gulf Coast. U.S.
Two Join Ports of Indiana Commission
Monica Newhouse-Rodriguez and Michael Browning have been appointed by Indiana Governor Eric J. Holcomb to the Ports of Indiana Commission. Newhouse-Rodriguez is managing principal of Newhouse and Associates, a national airport consulting firm which provides airport planning, capital management and development services. Browning is the former president and CEO, and now chairman of the board, for Browning Investments, the largest developer of industrial distribution facilities in central Indiana.
Changing Box Landscape Demands That Yard Tools Keep Pace
he need for increased operating efficiencies for container terminals collides with the demands of a Tier 4 regulatory climate. Fortunately, you can achieve the former goal while satisfying your thirst for latter. Ports and container terminal operators everywhere are faced with many challenges. A shifting liner alliance landscape has reshuffled the intermodal deck, and some ports are scrambling to dredge and finish the infrastructure necessary to handle the increased TEU throughput.
Caterpillar Names Bonfield CFO
Caterpillar Inc. announced today its board of directors has appointed Andrew Bonfield as chief financial officer (CFO) effective September 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective May 4, 2018.Bonfield brings more than three decades of financial expertise to the role, most recently serving as Group CFO and board member of National Grid plc, a British multinational electricity and gas utility company.Prior to Bonfield's eight years at National Grid, he was CFO at British confectionary company Cadbury plc.