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On March 22, 2023, two cars traveling at excessive speeds on the I-695 inner loop in Baltimore, Md., struck each other, with the impact sending one vehicle through an opening of a concrete work zone barrier on the center median shoulder.
Increasing cargo volumes (and the largest container vessels in the world) are sailing into the Port of Baltimore, lifting Maryland’s economic tide. Read: Maryland: Getting Busy In Baltimore at BusinessFacilities.com.
Read: VW Opens Tradepoint Atlantic Vehicle Terminal At Port Of Baltimore at BusinessFacilities.com. The new terminal will import and process 120,000 Volkswagen, Audi, Lamborghini, and Bentley vehicles annually, create approximately 100 jobs.
In Maryland, COVID-19 has not stopped the Port of Baltimore, where shipping volume continues to increase. Read: Maryland: A Rising Tide Of Recovery at BusinessFacilities.com.
Foreign trade zones, located in or near U.S. Customs ports of entry, enable duty-free movement of foreign and domestic merchandise. there are more than 200 U.S. FTZs, each a driver of regional economic growth. Read: Free And Easy Trading At Ports Of Entry at BusinessFacilities.com.
NOLA was followed by Newport News (VA), Baltimore and Philadelphia, respectively, in the annual logistics assessment from BF , a national publication focused on site selection and economic development. Memphis, home to the global hub for FedEx, continued to command the top spot in BF ‘s Logistics Leaders (Air Cargo Hubs) metro ranking.
Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. BALTIMORE IS READY TO GREET THE BIG SHIPS. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships.
NOLA was followed by Newport News (VA), Baltimore and Philadelphia, respectively, in the annual logistics assessment from BF, a national publication focused on site selection and economic development. Houston (Zone 84) and El Paso (Zone 68) also shined in BF’s new ranking of top Foreign Trade Zones.
Similarly, others that are competitive shipping destinations, such as Houston, Miami and Baltimore, are moving to re-establish more solid industrial leasing and investment conditions. Ports like Seattle, with strong demographics and a sizeable consumer base within a 24-hour trucking window have remained high on the Index.
This aids in long-distance transportation as well as long-time storage. Indiana’s robust transportation network for trucking, rail and air freight make it an attractive location to distribute food and beverage products to both national and international markets. Connecting lines enable transport to every major U.S.
The Port of Virginia and the Port of Baltimore met the requirements well over a year ago; several other ports are racing to be ready by the middle of next year, when shipping through the Canal is expected to surge to an annual rate of more than 360 million tons.
The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. location and excellent transportation access.
The economic impact of U.S. seaports has a far reach, extending from the direct to the indirect and beyond. There are an estimated 2.2 million jobs that depend on ports. Read: Ports And FTZs: Tidal Wave at BusinessFacilities.com.
The big ports of Virginia, Baltimore and Miami already are at that depth. The same journey takes 22 days sailing though the Panama Canal to East Coast ports, including road and rail transport. Savannah is deepening its harbor to 47 feet from 42 feet, and aims to complete the project in 2018.
Vineland is conveniently located along NJ Route 55, providing a quick and direct connection to customers in Philadelphia, Wilmington, Baltimore, Washington D.C., Vineland also offers competitive rail service, while freight air service and deep water port facilities, which include Foreign Trade Zones, are just a short drive away.
By the BF Staff From the September/October 2018 Issue U.S. Customs and Border Protection (CBP) provides security and facilitation operations at 328 ports of entry throughout the country, enforcing U.S. laws and regulations with more than 60,000 employees. Read: Ports & FTZs: The Value of Entry at BusinessFacilities.com.
Top products exported from the region were transportation equipment, machinery, except electrical, computer and electronics, and electrical equipment, appliance and components. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates. The Port of Baltimore has had a 50-foot deep channel since 1990.
ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.
However, local jurisdictions with general taxing powers ( e.g. , Baltimore City, Baltimore County, and Montgomery County) have the authority to levy a bag fee on disposable plastic carryout bags that are clogging waterways, harming wildlife, and consuming valuable landfill space to discourage the use of disposable bags or to promote bag recycling.
Connecting lines enable transport to every major U.S. Lawrence Seaway System, it is part of more than 2,300 miles of water transportation from Duluth, Minnesota to the Atlantic Ocean. CSX offers daily rail transportation to Oswego County. The various combinations of transport are ideal for materials import and product export.
Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. ACHIEVEMENT IN LOGISTICS.
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