Tax credit could boost competition among Gulf coast ports
House lawmakers are targeting Chinese-built container cranes in bid to help secure U.S. supply chains.
House lawmakers are targeting Chinese-built container cranes in bid to help secure U.S. supply chains.
This week in Borderlands: Gulf Coast ports slam US tariffs on Chinese container cranes; Volkswagen inaugurates $114M Gulf Coast shipping hub in Texas; Southeastern Freight Line launches direct route to New Mexico; and Warehouse On Wheels opens location in Mexico.
Port Houston recently ordered 29 container cranes for a total of $106.1 million.
Big companies are finding it increasingly difficult to make big deals that can get regulatory approval in the U.S. and other countries.
Port cranes transport cargo a short distance but must be strong enough to load and unload thousands of pounds by the hour.
1973: This will be Sea-Land’s 2nd container crane at Jacksonville and the 3rd in operation at the port.
Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.
Port of Virginia sees tariffs putting its billion-dollar expansion at risk.