Ports: Key to Nation’s Economy

Efficient port operations ensure not only a smooth flow of goods, but mitigate often inevitable delays and circumstances that can, overall, lead to disruptions in critical supply chains and lead to price hikes for consumers.

Our nation’s ports “play a vital role in the U.S. economy, moving goods into, out of, and around the country,” states financial advisor JPMorganChase. “In fact, over 95 percent of the cargo entering the country arrives by ship, and 40 percent of all U.S. goods pass through a port.”

Despite hurricanes, droughts that impacted water levels on the Mississippi River and the Panama Canal, the after-effects of the COVID-19 pandemic, and other obstacles to hurdle, seaports in the U.S. Southeast and Gulf continue to play a more-than-significant part in the nation’s economic well-being by continuing to develop and adapt their facilities to meet the ever-changing demands of the nation’s extensive supply chain network.

Read the full article from Expansion Solutions Magazine here.