NEWS BITTS – U.S. ports need more space for containers

TranSystems Corp.’s John Vickerman issued a “wake-up call” for the U.S. maritime industry about blossoming container trade from emerging Asian markets. By 2020, demand will exceed current container capacity at many U.S. ports by 200 percent, Vickerman said at the Gulf Intracoastal Canal Association’s annual meeting in New Orleans. North American ports will be SDLq severely congested, SDRq he said. By 2015, North American container trade will soar by 50 percent. Another speaker, analyst Bob West of Impact Economics in Boston, predicted that by 2010 Asia will be exporting 15 million more containers of goods than U.S. ports can handle. West and East Coast ports are clogged and Gulf Coast ports could handle the expansion of trade if new facilities are built. – Matt Gresham

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