Port of Mobile Outpaces Budget as Steel, Coal and Rail Traffic Surge
The Alabama Port Authority is $30 million ahead of budget through June, driven by record coal, steel and rail traffic, even as wet coal shipments drove up June expenses.
Fitch Boosts Alabama Port Authority’s Credit Rating, Pointing to Financial Strength and Diversified Growth
Fitch Ratings upgraded the Alabama Port Authority's bond rating to "A-" with a stable outlook, citing stronger finances and growing revenue diversification beyond coal and steel.
Agreement Signed to Deepen and Widen Port of Mobile
The State of Alabama and the U.S. Army Corps of Engineers have signed a Project Partnership Agreement to deepen and widen the Port of Mobile, clearing the way for construction…