MARQUES COLSTON’S NEW VENTURE NEWORLEANSCITYBUSINESS.COM HIRES, PROMOTIONS, AWARDS New Orleans May 11 - 24, 2018 $2.00 THE BUSINESS NEWSPAPER OF METROPOLITAN NEW ORLEANS PAGES 22-25 Breakbulk cargo declines amid trade uncertainty LANCE TRAWEEK
[email protected] The Port of New Orleans says it’s feeling the fallout of global uncertainty over trade sanctions and steel tariffs announced this year by President Donald Trump’s administration. According to port officials, breakbulk cargo has decreased by 66,291 tons, or 26.5 percent, in Fiscal Year 2018 compared to the same time period in 2017. The fi scal year began last July and ends June 30. In March, Trump said he would hike steel tariffs by 25 percent and aluminum tariffs by 10 percent – a move industry insiders at the time said could have an unfavorable ripple effect SEE BREAKBULK CARGO PAGE 9 Fastest FOCUS BANKING/INSURANCE Companies & INVESTMENTS Growing Name change Hancock Whitney Kent Design Build joins four other local introduces new logo rms in the revenue spotlight PAGE 30 INSIDE Making moves Construction News by the numbers ...........4 Ones to Watch .................. 27 Quick Hits .............................6 Opinion ............................. 31 Smoothie King, Collision Central Leadoff Spot ..................... 11 Business Scene ................ 39 conference, Morning Call Work begins on former World Commission Accomplished ... 16 Lists: Banking ............32-33 announce departures Trade Center redevelopment Dining ............................... 18 Health Care Feature ......34-38 I Want That ....................... 19 Good Works .............40, 43 PAGE 12 PAGES 20-21 M&A report ....................... 26 Around Town ..............42-45 Your Dream. Our Mission. When your bank shares your goals, there’s no limit to what you can achieve.