King Ocean Services Limited has extended its Marine Terminal Lease and Operating Agreement with Port Everglades through September 30, 2035, following approval by the Broward County Board of County Commissioners. The cargo line, which has operated at the port since 1994, plans to expand in Spring 2026 to a new 40.9-acre facility at the recently completed Southport Turning Notch Extension, bringing its total leasehold to 57.8 acres. Over the next decade, King Ocean’s operations are projected to support nearly 1,900 jobs annually, generate $173 million in personal income, and contribute more than $17 million in state and local taxes. In Fiscal Year 2024, the company handled 278,250 TEUs—25.6% of the port’s total container volume. The agreement includes commitments for new investments in refrigerated cargo capacity, inspection facilities, and operational improvements, with rent credits from the port to offset construction costs.

The Port of Philadelphia has been ranked the most productive port in North America for the second year in a row, according to the 2024 Container Port Performance Index (CPPI) by the World Bank Group and S&P Global Market Intelligence. Globally, PhilaPort rose from 55th to 26th place among 403 container ports and remains the only U.S. port ranked in the top 50. The CPPI evaluates vessel turnaround efficiency based on factors such as docking time, crane operations, and departure schedules. Over the past decade, PhilaPort has invested more than $1 billion in modernization to enhance cargo handling and competitiveness. The Port also recently acquired the 152-acre Mustin Yard property from Norfolk Southern to expand cargo capacity and support future growth.

The Port of Brownsville is advancing over $20 billion in projects that are reshaping trade and industry across South Texas. In 2024, the port handled 28 million tons of cargo—a 57% increase from 2023—and generated $43.3 million in operating revenue, marking its fourth consecutive year above $30 million. A key initiative, the Brazos Island Harbor Channel Improvement Project, will deepen the ship channel from 42 to 52 feet through a $400 million public-private partnership with NextDecade and $68 million in federal funding, with completion expected in late 2026. Major private investments include Rio Grande LNG, a $25 billion facility under construction with 48 million tonnes per annum capacity, and Texas LNG, a 4 MTPA terminal targeting a final investment decision by the end of 2025. The port is also enhancing sustainability and infrastructure, supporting renewable energy logistics, and expanding its role in the region’s industrial and space sectors.