News Content
Capital improvements at Port of Oakland carry US$600 million price tag
THE Port of Oakland is investing US$600 million in capital improvements in a bid to raise containerised cargo volumes by modernising infrastructure in collaboration with private developers and public agencies, according to the port's maritime director, John Driscoll.
Proposed investments include: $244 million, mostly from government grants, to separate railroad tracks from major port roadways; $90 million for a privately built refrigerated warehouse called "Cool Port" to increase chilled beef and pork exports; and $50 million expansion, also privately financed, at TraPac, the port's second-largest marine terminal, reported American Shipper.
In addition, Mr Driscoll said the port has just completed a $100 million railyard near its marine terminals that will result in more efficient transloading of cargo between railcars and containers.
Proposed investments include: $244 million, mostly from government grants, to separate railroad tracks from major port roadways; $90 million for a privately built refrigerated warehouse called "Cool Port" to increase chilled beef and pork exports; and $50 million expansion, also privately financed, at TraPac, the port's second-largest marine terminal, reported American Shipper.
In addition, Mr Driscoll said the port has just completed a $100 million railyard near its marine terminals that will result in more efficient transloading of cargo between railcars and containers.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
