East Coast ports gear up for growth
Dec 05, 2011 | 10:24 AM
| Catherine Ngai
Tags
East Coast ports,
South Carolina Ports Authority,
Port of Miami,
Panama Canal,
container volume,
Catherine Ngai
NEW YORK More East Coast ports are taking measures to handle increased business in anticipation of the $5.2-billion Panama Canal expansion to be completed in August 2014.
Some analysts say that East Coast ports could benefit from as much as a 10- to 12-percent jump in container volume traffic from the expansion, and major metals ports are racing to dredge deeper in order to accommodate post-Panamax vesselsthe largest ships that can sail on the canalthat....
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