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Top related persons:
John Deere - 1 Walter Kemmsies - 1
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U.S Baltimore Port Washington Long Beach , California Port Authority of Georgia Savannah Maryland
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Biden - 1 BMW - 1 Maryland Port Administration - 1 Port Infrastructure Development Program - 1 U.S . Department of Transportation - 1 Maritime Administration - 1 Tacoma Husky - 1 North - 1

Search resuls for: "Walter Kemmsies"


2 mentions found


☆ Why U.S. ports are getting a $21 billion upgrade
  + stars: | 2023-12-17 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +3 min
U.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration's $21 billion commitment to modernize port infrastructure in the U.S.Midsize port cities such as Baltimore are among the 2023 grant recipients. In November, the Port of Baltimore received a $47 million grant to kick-start an offshore wind manufacturing hub, among other improvements. More than $653 million in Port Infrastructure Development Program grants were awarded to U.S. ports in 2023 by the U.S. Department of Transportation, Maritime Administration. Ports America formed a public-private partnership with the state of Maryland to manage equipment and operations in sections of the Port of Baltimore.
Persons: John Deere, Walter Kemmsies Organizations: Biden, BMW, Maryland Port Administration, Port Infrastructure Development Program, U.S . Department of Transportation, Maritime Administration, Tacoma Husky, North, Environmental Protection Agency, U.S . Department of Defense, Kemmsies, Port Authority of, CNBC, Midwest ., Port Locations: U.S, Baltimore, Port, Washington, Long Beach , California, Port Authority of Georgia, Savannah, Maryland, Port of Baltimore, Midwest
☆ U.S. container imports tumble as supply stress gives way to slack
  + stars: | 2022-10-20 | by ( Lisa Baertlein | ) www.reuters.com   time to read: +3 min
LOS ANGELES, Oct 20 (Reuters) - After more than two years of surging demand, the volume of container imports coming through U.S. ports has tumbled sharply, raising questions about where a sector once tracked as a supply-chain stress point will hit bottom. Container import volumes across all U.S. ports hit an all-time high in May and pulled back slightly before plunging in August and September. Volume surged as much as 40% from 2019 levels during the pandemic as retailers raced to meet soaring demand for goods. As recently as March, the Biden administration supply chain task force had tracked container imports as part of a "dashboard" to monitor the distress in the distribution of goods and a contributor to higher prices. Kemmsies said the August and September pullbacks in the volume of container imports is the result of retailers like Walmart (WMT.N) and Amazon.com (AMZN.O) cancelling billions of dollars of orders earlier this year.
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