The economic impact of U.S. seaports has a far reach, extending from the direct to the indirect and beyond. There are an estimated 2.2 million jobs that depend on ports.
When dredging is complete in 2024, commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.
Trade wars may come and go, but U.S. ports are in it for the long haul: expanding their services and dredging harbors to make way for ships carrying gigantic containers.
The September / October 2018 issue features locations that are foreign direct investment magnets, ports and Foreign Trade Zones, and an exclusive interview with Colorado Gov. John Hickenlooper.
The nation’s ports are handling record amounts of shipping. Importers get more bang for the buck by moving their goods through duty-free foreign trade zones located within or adjacent to ports.
The largest enhancement project since the canal opened in 1914 will provide the world's shippers, retailers, manufacturers and consumers with greater shipping options, better maritime service, enhanced logistics and supply-chain reliability.