The US Federal Maritime Commission will allow terminal operators Luis Ayala Colon and Puerto Rico Terminals to create a joint company, but vows tighter monitoring of the venture.
30 Aug 2019
28 Aug 2019
Vessel movements have been halted in the US Virgin Islands and Puerto Rico on the approach of Hurricane Dorian, which is expected to strengthen and target Florida’s east coast early next week.
26 Nov 2018
The merits of Caribbean ports’ terminal overbuild depends on one’s stake. It's good news for container lines considering hub options in the Caribbean Basin but bad news for terminal operators seeking to entice them.
13 Mar 2018
With a quarter of the island’s residents lacking electrical power, long-term improvements are taking a back seat to rebuilding efforts.
15 Feb 2018
Pasha said US-flag domestic vessel capacity between the US mainland and Puerto Rico now is sufficient for the trade’s regular carriers.
08 Feb 2018
Consumers in Puerto Rico actually benefit from lower freight rates in the efficient Jones Act services that are marked by dedicated vessels and terminals, versus foreign-flag services to other Caribbean islands, Matson CEO Matt Cox said.
29 Dec 2017
Key north-south parties expect the positive trade pattern to continue in the year ahead, but there are challenges that could dent that forecast.
19 Oct 2017
YRC Worldwide was hit by two hurricanes and a wave of rising transportation costs in the third quarter, forcing it to lower its projected operating profit for 2017.
05 Oct 2017
As the US and relief organizations struggle to move goods across battered Puerto Rico, Hurricane Maria's legacy will include long-term damage to supply chains.
28 Sep 2017
It is unclear, however, if lifting the Jones Act will immediately aid relief efforts in the US territory or have any consequential impact on the long-debated shipping regulation’s future.
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