“Port capacity just can’t keep pace with the trade we’re expecting,” Bruner told attendees at the Hampton Roads Maritime Association conference on Thursday night. There is an estimated 16 million TEUs of imports and 7.8 million TEUs in exports. About 45 percent of U.S. imports now originate in China.
Bruner stressed the need for 50-foot water depth in the nation’s ports to accommodate the larger containerships, in addition to stronger rail and inland connections. He noted that 58 percent of vessels under construction can’t call on East Coast ports because of draft restrictions. Only three container terminals, which includes APM Terminals’ new facility in Portsmouth, Va., are currently scheduled to be built in the United States between now and 2010.
Bruner warned that U.S. ports and intermodal infrastructure improvements cannot keep pace with the anticipated increases in container traffic, and that the focus in the short run should be on better use of existing terminal assets and operations.
“We can’t fix any of these issues in the near term,” he said. “We need to change the way we operate in the terminals today.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now