Skip to content
Search AI Powered

Latest Stories

newsworthy

Port Everglades gets funding OK for $335 million channel expansion

Florida port to deepen navigational channels to maximum 50 feet from 42 feet.

Port Everglades, the busiest containerport in Florida, said today it has been authorized by the U.S. Army Corps of Engineers to receive $335 million in funding to deepen its navigational channels to as much as 50 feet, from 42 feet. The project also includes deepening and widening the port's entrance channel, and parts of Florida Intracoastal Waterway, so cargo ships can safely pass by docked cruise ships that dominate the Fort Lauderdale-based complex.

Under the project, the navigational channel will be deepened to 48 feet, with a required over-depth of 1 foot, and an additional foot in allowable over-depth, the port said. Funding will be split among federal appropriations, revenues generated through Port Everglades' customer fees, and state grants, the port said.


The project, which is currently in the pre-construction engineering and design phase, can now proceed through the permitting and federal funding processes, the port said. Work is scheduled to be completed three to five years after construction begins, with the time frame dependent on the pace of funding and permitting.

The funding authorization came out of the "Water Infrastructure Improvements for the Nation" (WIIN) Act, which President Obama signed into law on Dec. 16.

Ports along the East Coast have been pushing for deeper navigational channels to accommodate the mega-ships expected to sail more frequently through the expanded Panama Canal between Asia and the U.S. During the past 15 months, the Port of New York and New Jersey, as well as the Port of Miami, completed dredging projects to deepen their channels to 50 feet. Baltimore and Norfolk, Va. are the other East Coast ports with 50-foot channel depths.

In its 2016 fiscal year that ended Sept. 30, the port handled nearly 1.04 million twenty-foot equivalent units (TEUs) of containers, slightly lower than fiscal 2015 figures. Container traffic accounts for 22.6 percent of the port's activity, while petroleum shipments make up 21.4 percent. The cruise industry accounts for 34 percent, according to port data.

The Latest

More Stories

photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less

Featured

diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less
Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less
grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less
photo of smart AI grocery cart

Instacart rolls its smart carts into grocery retailers across North America

Online grocery technology provider Instacart is rolling out its “Caper Cart” AI-powered smart shopping trollies to a wide range of grocer networks across North America through partnerships with two point-of-sale (POS) providers, the San Francisco company said Monday.

Instacart announced the deals with DUMAC Business Systems, a POS solutions provider for independent grocery and convenience stores, and TRUNO Retail Technology Solutions, a provider that powers over 13,000 retail locations.

Keep ReadingShow less