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Report finds many US ports look to beef up infrastructure to meet expected increases in cargo volumes

from Jones Lang LaSalle via SupplyChainBrain

As global trade begins to rebound, U.S. ports are looking to expand capacity to meet the anticipated demand and are focusing on capital development to meet the infrastructure need, according to the new Ports, Airports and Global Infrastructure report by Jones Lang LaSalle, a financial and professional services firm specializing in real estate. "Between 2007 and 2009, the nation's top 13 ports witnessed an 18.5 percent decline in total volume as both domestic and foreign consumption waned," said John Carver, head of the Ports Airports and Global Infrastructure group at Jones Lang LaSalle. more

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