Maritime

Jul 2, 2018

U.S. Army Corps Receives $9.5 Million For Wilmington Harbor Project

By Christina Haley O'Neal, posted Jul 2, 2018

The U.S. Army Corps of Engineers' Wilmington District has received an allocation of $95 million to pay for ongoing projects federally budgeted for the 2018 fiscal year, a portion of which will fund work on the navigation channel that provides business to the Port of Wilmington. More than $9.5 million in federal funds under the construction appropriation section ...

Jun 28, 2018

CSX, NCDOT Reach Agreement On Scaled Down Carolina Connector Project

By Christina Haley O'Neal, posted Jun 28, 2018

The CSX Carolina Connector project in Rocky Mount, which port officials have said would bring business to the Port of Wilmington, is set to move forward as a smaller project than originally planned. The N.C. Department of Transportation announced Thursday that it has reached an agreement with Jacksonville, Florida-based CSX Corp. about the intermodal facility planned fo ...

Jun 13, 2018

At Annual Conference, Economic Developers Say CCX Talks Are Ongoing

By Christina Haley O'Neal, posted Jun 13, 2018

Economic developers and officials with the state are still in talks with CSX over what to do with a 700-acre site in Rocky Mount that was planned in 2016 for an intermodal facility, said Norris Tolson, CEO and president of Carolinas Gateway Partnership, at an annual economic development conference Wednesday. The N.C. Economic Development Association's annual confere ...

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Changes Coming to Sales Tax on Internet Sales

Posted Jul 16, 2018
It appears 2018 will be the year of tax law changes on many fronts.

In December 2017, the new Tax Cut and Jobs Act was placed into effect for 2018 and now, there is a possibility of major changes related to sales taxes on internet sales. The sales tax law that has previously been upheld since 1992 was overturned by the Supreme Court in June 2018, and this could potentially lead to b...read entire article
Mar 20, 2017

Port Announces Another Weekly Service Route To Asia

By Vicky Janowski, posted Mar 20, 2017

Port officials on Monday announced another new weekly service connecting the Port of Wilmington to stops in Asia.   The deal with ZIM Integrated Shipping Ltd. container carrier is the latest in a series of new service announcements in recent weeks.   “We’ve had three major service announcements in just over a month which sets us up for record thro ...

Mar 14, 2017

An additional weekly container service is expected to begin calling on the Port of Wilmington in May, according to an announcement Tuesday from N.C. Ports. The news release said N.C. Ports has a new partnership with container shipping group THE Alliance with the addition of the EC2 all-water Asia-U.S. East Coast container service. The weekly service includes some of ...

Nov 4, 2016

Ebbing Tides At Port Of Wilmington

By Vince Winkel, posted Nov 4, 2016

Two words: wood pellets. They are buzzwords at the Wilmington port these days. That’s because cargo ships will soon begin hauling this North Carolina export out of Wilmington and across the big pond to Europe. The waste wood product will end up as fuel for large municipal boilers across the continent, where wood is increasingly replacing coal as a means of prod ...

Jul 19, 2016

A double-stacked freight train with non-stop overnight service coming in the fall will give Wilmington something it doesn't have now: an intermodal connection between the Port of Wilmington and Charlotte, Gov. Pat McCrory and other officials announced Tuesday.  Earlier in the day, a group that included the governor, N.C. Ports Executive Director Paul Cozza and ...

Jun 23, 2016

Another Latin America container service is coming to the Port of Wilmington, according to an announcement this week. A release from the N.C. State Ports Authority said the authority has added an additional container service of SeaLand, the intra-Americas regional ocean carrier for the Maersk Group, called SeaLand Atlantico. The new service will complement the revis ...

Jan 26, 2016

While grassroots opposition takes shape against CCX, a rail terminal proposed by CSX for Johnston County, at least one neighboring county is eyeing the benefits of attracting the project. Support for property owners whose land could be forcibly purchased by the freight rail carrier through the process of eminent domain is showing up on Facebook, where a Fight for the Fa ...

Jan 14, 2016

Wilmington could reap significant benefits if a proposed $272 million intermodal freight rail hub is built in Johnston County, state transportation officials said Thursday. Specifically, the project would have a major impact on the state’s ports and rail systems, state transportation secretary Nick Tennyson said in a news release from Gov. Pat McCrory’s offi ...

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