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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

Buisness Facilities Contributed Content

Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. BALTIMORE IS READY TO GREET THE BIG SHIPS. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

As indicated by our annual ranking of leading Post-Panamax Ready Ports (East Coast), currently, the Port of Virginia (in Norfolk) and the Port of Baltimore are the only East Coast ports that can accommodate the large ships. The first phase of the terminal is scheduled to open in the 2025-2028 timeframe. According to Maryland Gov.

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COVER STORY: 2013 Business Facilities Rankings Report – Metro And Global Rankings

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The office building is scheduled for completion by spring 2015 with the residential complex following in the summer. NOLA was followed by Newport News (VA), Baltimore and Philadelphia, respectively, in the annual logistics assessment from BF, a national publication focused on site selection and economic development.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

PROPERTY TAX REFORM: Business: Accelerated Depreciation schedules for prospective acquisitions of commercial personal property have also been improved. Five-year accelerated depreciation schedules have been increased to help companies recover their investments even faster. The previous statute defined the schedule.

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