West Coast Ports Steady, but East Coast Still Shows Promise
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USA Today reported that the $5.25 billion expansion of the canal is set for completion next April. This would allow ships carrying up to 14,000 containers to go through.
Meanwhile, multiple ports on the East and Gulf coasts are undergoing construction to allow for more shipping volume. Projects include deepening the Port of New York and New Jersey channels by 50 feet, raising the Bayonne Bridge by 64 feet, modernizing container terminals and installing dock rails. This project is estimated to be complete in 2016.
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Brendan Menapace
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Brendan Menapace is the content director for Promo+Promo Marketing.
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