Port Everglades and the Panama Canal Authority (ACP) have renewed their long-standing Memorandum of Understanding (MOU) to promote trade opportunities.

Port Freeport’s governing commission has voted unanimously to adopt a new, lower tax rate of $0.0401 per $100 of property valuation for the fiscal year beginning October 1. Revenue from the tax levy helps cover maintenance and operations expenditures and repay general obligation bond debt. Preliminary unaudited reports for fiscal year 2016 indicate that the Port of Virginia will post annual operating income of $4.76 million, giving the port its second consecutive year of profitability.

Port of Green Bay cargo throughput increased this August to 258,224 tons from 221,234 tons in August 2016, largely the result of an upturn in cement and limestone imports.