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"It’s a great opportunity to run an incredible operation," Maine Port Authority CEO Jonathan Nass told Mainebiz of his new role at the Port of Gulfport. His tentative start date as CEO and executive director is June 1.
A first-ever promotional campaign with a grocery chain generated a 79% increase in its lobster sales. The promotions helped offset sales lost when restaurants closed down.
Resumption of the high-speed passenger service between Bar Harbor and Nova Scotia was delayed by terminal construction in 2019. The pandemic forced the cancellation of service last season, and now the one that was planned to start in May.
A long-planned cold storage facility on the Portland waterfront and a pending sale of the state's largest railroad are on the horizon, demonstrating that the pandemic has slowed but not stopped changes in the transportation and logistics field.
Before tariffs on U.S. lobster were imposed in 2017, the European Union was a top destination for Maine's top-selling marine species, accounting for 15-20% of lobster exports. Eliminating the tariffs will level the playing field between the U.S. and
Transportation redundancies, inventory stockpiling and remote and hybrid working are likely part of the future of the business world, in order to avoid the type of disruption that is occurring during this year’s pandemic, say corporate leaders.
A 2017 trade agreement reduced tariffs to zero on live Canadian lobsters and eliminated tariffs on frozen and processed Canadian lobsters, putting American lobster exporters at a competitive disadvantage.
The challenge for business is not the shift to e-commerce per se, but how owners continue to manage their businesses in the new digital reality, experts on a business panel said.
On Monday, both the United States and its largest trading partner announced bans on nonessential travel, the seventh consecutive such measure since the start of the pandemic.
The Maine International Trade Center encourages companies to think about investing in overseas connections so they’re ready to take advantage of renewed global trade when it comes.
After clearing the final regulatory hurdle with the city of Portland, the next step is for the developer to issue a request for proposals for a design build contractor, Maine Port Authority CEO Jonathan Nass told Mainebiz.
"Maine has lost an estimated 20% of its wild blueberry farms as prices continue their downward trajectory as they struggle to compete with imports of cheap frozen cultivated blueberries from overseas," says a letter to U.S. Trade Representative
The governors and several U.S. representatives from northern New England wrote Trump last week in opposition to the 10% tariff, which they say burdens the region's manufacturers and other businesses.
The USDA aid package is intended to compensate fishermen for the impact of retaliatory tariffs, and could provide $50 million to Maine lobstermen. But some criticize the package for not helping businesses in the lobster supply chain.
Public health restrictions currently bar many Americans from international travel, but a small country in Central America has opened its borders to residents of Maine and a handful of other states.
Miniature sensors strapped on a lobster are designed to monitor heart rate and movement from trap to final destination, in order to understand and potentially reduce stress to the animal.
Sponsored by Kennebunk Savings Bank
With 2026 coming up fast, Maine businesses are preparing for Maine Paid Family and Medical Leave program to take effect.
The program is designed to protect paid leave for up to 12 weeks a year to care for an ill family member or bond with a new child. For employees, it's a great perk; for employers, there are challenges and costs associated with getting into compliance.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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