Led by Los Angeles with 6.8 million loaded twenty-foot equivalent (TEU) units, U.S. seaports experienced another strong year in 2018. The industrial markets surrounding them also performed well, says Colliers International. The nine seaports showcased in Colliers’ new report on the sector finished the year with an overall vacancy rate of just 3.4%, well below
On a percentage basis, 2017 was one of the strongest years for port container imports since the end of the Great Recession. CLICK ON THE HEADLINE FOR MORE
While the projected volume gains are encouraging, there are also some tailwinds to keep an eye on, too. CLICK ON THE HEADLINE FOR MORE
Scott has made a giant bet that Florida, and, in particular, Miami, will muscle its way into the container port gateway business, moving cargo to and from points well beyond the port confines. CLICK ON THE HEADLINE FOR MORE