Berth Project at Port Manatee Awarded $6.4 Million – Port Manatee has been awarded $6.4 million in state funding for a berth enhancement project. The port is positioning themselves for growth due to their close proximity to the expanding Panama Canal.
Read more from The Maritime Executive.
Port of LA Eliminates The ICF – The Los Angeles Board of Harbor Commissions has voted in favor of eliminating the Infrastructure Cargo Fee (ICF). The fee was approved in 2008 to help finance major rail, highway and bridge improvement projects but was never implemented.
Read more from Supply Chain Management Review.
Colombia and Panama Sign FTA – Colombia has signed a free trade agreement (FTA) with Panama after 3 years of negotiations. The agreement formalizes $2.8 billion in annual commerce, establishing measures to limit the traffic of contraband across the border into Colombia.
Read more from Colombia Reports.
Port of Vancouver Begins Second Phase of Rail Entrance Project – The Port of Vancouver has begun the second phase of a $38 million rail entrance project which will be built in four phases. The project is expected to be completed by 2015 and will improve the port’s ability to transport products for U.S. companies.
Read more from RT&S.