The Jones Act is a tremendous competitive advantage for Puerto Rico, creating a closed loop of shipping routes to and from the U.S. mainland, and offering other benefits that combined, save retailers and manufacturers more than $120 million each year on their cargo shipments.
An improving economy and the opening of a new battery of coke ovens along the Monongahela River are spurring the sharp increase in river shipping, experts said on Monday.
You may soon notice a couple more boats out on our rivers. Two new towboats were officially christened Tuesday at a ceremony on the North Shore. The Renee Lynn and the Alice Jean were both named after family members of long-time Campbell Transportation Company employees.
The United States was the world’s dominant shipbuilder half a century ago. But like flat-screen televisions, photovoltaics, wind energy, advanced batteries and scores of other formerly American-developed and -led sectors, shipbuilding is now centered in Asia.