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The Port Authority of New York and New Jersey bought out the 10-year lease that American Stevedoring International held on the Red Hook Container Terminal in Brooklyn. The port authority acquired ASI’s cranes and other terminal equipment and turned facility over as a turnkey operation to one of the terminal’s customers, Phoenix Beverage Co., which [...]  The Journal of Commerce reports that: All marine terminals in the Port of New York and New Jersey will be closed Friday, April 22 because of the Good Friday holiday observed by the International Longshoremen’s Association, said the Port Authority of New York and New Jersey. The Truck Replacement Program Center will also be closed [...] The Port Authority of New York/New Jersey unveiled a clean truck program Wednesday that will eventually require all trucks visiting the port to have 2007 model year engines. The program will ban trucks with pre-1994 model year engines by January 2011 and will ban pre-2007 model year engine trucks by 2017. The Owner-Operator Independent Drivers [...] The $5.25 billion Panama Canal project, scheduled for completionin 2014, may take business from ports including Los Angeles and Seattle, and railroads including Burlington Northern Santa Fe Corp. It costs as much as $1,000 more per cargo container to use trains than ships. “It is inevitable that railways, such as Burlington Northern, will lose some [...] |
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