Port Tampa Bay

OSG sees liquified CO2 carriers in its future

Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is looking to get into the growing carbon storage and transport business, including operating liquified CO2 carriers, and it’s taking its first steps right outside its own front door with plans for a project in Port Tampa Bay.

The company has been awarded a $400,000 U.S. Department of Energy grant to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the...

https://www.marinelog.com/legal/environment/osg-sees-liquified-co2-carriers-in-its-future/

Infrastructure: The money is there but the clock is ticking

Now that President Joe Biden has signed into law the biggest investment in freight transportation in 65 years, the question turns to how quickly the money can reconnect the links of a broken supply chain.

The Infrastructure Investment and Jobs Act (IIJA) includes $110 billion for roads, bridges and major infrastructure projects, $66 billion for freight and passenger rail, and $17.4 billion for ports and inland waterway improvements.

It also sets aside $20.5 billion over five years for three major...

https://www.freightwaves.com/news/infrastructure-the-money-is-there-but-the-clock-is-ticking

Biden sets priorities, creates task force for infrastructure rollout

Just before signing into law the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) on Monday, President Joe Biden laid out six priorities that a new infrastructure task force will use to guide the rollout of the historic funding package.

According to an executive order signed by Biden, those priorities include:

  • Invest public dollars efficiently, avoid waste and focus on measurable outcomes.
  • Buy American and increase the competitiveness of the U.S. economy, including through...

https://www.freightwaves.com/news/biden-sets-priorities-creates-task-force-for-infrastructure-rollout

Banana boats to call on Tampa

A photograph of a vessel carrying Dole freight containers.

Agricultural importer Dole Fresh Fruit is adding Port Tampa Bay to its containerized service offering between Central America and the U.S. Gulf.

Starting in late July, Dole’s US Gulf Express will have a weekly direct call at Port Tampa Bay from Puerto Cortes and Puerto Castilla in Honduras and Puerto Barrios in Guatemala. The service will bring bananas and pineapples to the port.

The US Gulf Express will also include Port Tampa Bay in a fixed weekly container service between Central America and...

https://www.freightwaves.com/news/banana-boats-to-call-on-tampa

West Coast port crisis caught in infrastructure debate

Trans-Pacific container rates from Asia to the U.S. that have doubled from a year ago to approximately $5,000 per box demonstrate an urgent need to pass President Joe Biden’s infrastructure package, according to a top West Coast port official.

Testifying on Thursday before a subcommittee of the House Ways & Means Committee — which is responsible for figuring out how to pay for the massive $2.3 trillion proposal — Port of Long Beach Executive Director Mario Cordero told lawmakers that a lack of...

https://s29755.pcdn.co/news/west-coast-port-crisis-caught-in-infrastructure-debate

Borderlands: Opening Texas bridge to cargo trucks will be ‘game changer’

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Opening Texas bridge to cargo trucks will be game changer; Amazon will open a logistics center in Mérida; new service links ports of Brownsville and Tampa Bay; Rhenus Group expands in Mexico.

Opening Texas bridge to cargo trucks will be ‘game changer’

Adding full commercial truck service to Anzalduas International Bridge in South Texas will be a “game changer” once it...

https://s29755.pcdn.co/news/opening-texas-bridge-to-cargo-trucks-will-be-game-changer

COSCO container ship crew rescues sailors in Gulf of Mexico

The captain and crew of the COSCO Malaysia are credited with rescuing a sailboat crew in distress in the Gulf of Mexico on Sunday.

The Hong Kong-flagged container ship, with a capacity of 8,500 twenty-foot equivalent units, was en route from Mobile, Alabama, to Port Tampa Bay in Florida when it received a distress call from the sailboat at 8:22 a.m.

COSCO Shipping Lines said the Malaysia crew immediately carried out a rescue operation under instruction from the U.S. Coast Guard. The sailboat was...

https://s29755.pcdn.co/news/cosco-container-ship-crew-rescues-sailors-in-gulf-of-mexico

US DOT grants benefit handful of freight rail projects

A photograph of two railcars in a rail yard.

New highway grade crossings affecting BNSF and funding for improvements at the ports of Tulsa, Tampa and Houston are among the projects that have been awarded funding from the U.S. Department of Transportation’s (DOT) Infrastructure for Rebuilding America (INFRA) discretionary grant program.

DOT is awarding $906 million to 20 projects in 20 states involving major highways, bridges, ports and railroads. A full list of the projects that DOT is supporting is available here.

Rail- or...

https://s29755.pcdn.co/news/us-dot-grants-benefit-handful-of-freight-rail-projects

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