Port Canaveral Container Terminal Expansion Approved – Florida’s Governor Rick Scott is planning to ask state legislators for $9.7 million to expand the container terminal at Port Canaveral in preparation of the Panama Canal expansion opening in 2015. The port expansion includes widening and deepening the channel, constructing two new cargo berths and has purchasing two Post-Panamax ship-to-shore cranes.
Read more from Journal of Commerce.
CBP to Reevaluate Export Process – The U.S. Customs and Border Protection (CBP) will work closely with international traders and the Commercial Operations Advisory Committee (COAC), a group of industry experts that advises CBP on technical matters, to identify how to improve and modernize the export process. The key aim is to reduce paperwork and streamline policies for all parties in trade transactions.
Read more from DC Velocity.
Cargo Fee Repealed by Port of Long Beach – The Long Beach Board of Harbor Commissioners repealed a cargo fee on Monday, November 18th. The fee would have been a charge on each cargo container to help fund roadway and railway improvements in and around the ports of Long Beach and Los Angeles.
Read more from Port of Long Beach.
Costa Rica FTA with EU Approved – A Free Trade Agreement (FTA) between Costa Rica and the European Free Trade Association (EFTA) has been approved by a committee of the Legislative Assembly of Costa Rica. The EFTA will provide opportunities for products such a tropical fruits, coffee, flower, vegetables, industrial goods, medical devices and more to be traded with Europe.
Read more from Global Trade News.