Ports & Free Trade Zones

Rail cars are now traveling newly installed track linking Garden City Terminal’s Chatham and Mason rail yards, which boosts on-terminal storage capacity by 35 percent.

Increasing cargo volumes (and the largest container vessels in the world) are sailing into the Port of Baltimore, lifting Maryland’s economic tide.

Executive Director Griff Lynch presents the Georgia Ports Authority virtual 2020 State of the Port Address, with the latest developments in infrastructure and global trade at the Port of Savannah.

Federal BUILD grant will help construct 5.5 miles of rail to connect to nearby railroad and industrial park, promoting job creation in Tennessee’s most economically disadvantaged county.

To meet surging demand for additional longer-term storage space, the GPA will develop 145 acres next to the Port of Savannah.

Among Savannah’s top export commodities, raw cotton, wood pulp, and kaolin clay were the biggest gainers for the first five months of the year.

Louisiana has created a Resilient Louisiana Commission (with 15 associated task forces) to chart a path toward safely reopening the economy and making the Pelican State more resilient for the long-term.

Taken individually each state in New England has a lot to offer, but taken as a region they are a force to be reckoned with.

The 3 million-square-foot facility will create more than 1,000 full-time jobs in Dorchester County, SC.

The new terminal will import and process 120,000 Volkswagen, Audi, Lamborghini, and Bentley vehicles annually, create approximately 100 jobs.

The coronavirus pandemic has forced industry leaders to rethink their supply chain and logistics strategies. The crisis may accelerate a trend toward localization, with industries choosing to go local for local.

The maritime, ship repair, and manufacturing company will create 332 new jobs in City of Newport News, VA.

The COVID-19 crisis is bringing out the best in communities from coast to coast. Economic development organizations are giving small businesses financial lifelines. They’re also teaming up with local businesses to create a supply chain for critical medical supplies.

The Georgia Ports Authority is helping importers to get critical equipment and supplies into the hands of frontline health workers.

Businesses that will survive the coronavirus pandemic are those that adapt to the challenges and continue to serve existing and new customers.

The economic impact of U.S. seaports has a far reach, extending from the direct to the indirect and beyond. There are an estimated 2.2 million jobs that depend on ports.

The January / February 2020 Issue features our State of the Year and Deal of the Year winners. Plus, a look at energy, aerospace, exports and data centers.

When dredging is complete in 2024, commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.

Mississippi has reduced the amount of capital investment and the minimum number of jobs required to receive aerospace and data center incentives.

To keep up with growing container trade, the GPA plans to double Garden City Terminal’s annual capacity from 5.5 million to 11 million TEUS. Improvements will include a new container port on Hutchinson Island, expansion of GPA’s ship-to-shore crane fleet and berth improvements.

Curaçao is ready to meet your business needs with multicultural talent and a bevy of economic free zones.

At 1,200 acres, the Port of Savannah’s Garden City Terminal is North America’s largest single container terminal. Over the next decade, Georgia Ports Authority plans to expand the Port of Savannah’s annual capacity by 45 percent — from 5.5 million twenty-foot equivalent units to 8 million TEUs per year. Learn more.

With a booming economy fueled by a business-friendly climate and a thriving startup ecosystem, Arizona was fourth among U.S. states in GDP growth in 2018.

The new specialty fulfillment and last-mile delivery center in the City of Richmond, VA will add to Amazon’s existing workforce of more than 10,000 full-time employees across the Commonwealth.

The Port of Wilmington is being transformed into the largest logistics hub on the Delaware River with a $600-million investment from Gulftainer in upgrades, including a new TEU terminal.

U.S. infrastructure is the leading concern among the issues expected to have the most significant impact on real estate, according to The Counselors of Real Estate.

Access, partnership, collaboration and connection in the Edmonton Metropolitan Region

Under Gov. John Bel Edwards, Louisiana has become a national leader in cyber security and a global leader in water management and coastal restoration.

Attracting foreign direct investment has become a top priority for economic development organizations seeking to leverage the status of the U.S. as the top global destination for FDI.

Islip has a bustling airport, a busy foreign trade zone next door and an attractive location in the middle of Long Island’s largest industrial corridor.

Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success.

Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.

Located just 27 miles north of Houston, The Woodlands Area includes The Woodlands and the cities of Oak Ridge North and Shenandoah.

With a sterling reputation for fiscal stability and a budget surplus, the Beehive State is ready to add new chapters to its economic development success story.

The energy fabrication company will invest $2.5 million to expand its oil and gas processing industry services in Iberia Parish, LA.

The auto glass supplier will invest $16.1 million and create 70 new jobs at its new Greenville County, SC processing center. 

The Northeast Georgia Inland Port will serve the fast-growing Gainesville region.

The heating, ventilating and air conditioning company is studying the viability of a manufacturing facility in the Kentucky Opportunity Zone that includes the city of Mayfield, KY.

Whether going on a business trip, exporting cars or utilizing the benefits of an FTZ, you’ll experience firsthand how the U.S. Customs and Border Protection entity lives up to its mission of “enabling legitimate trade and travel.”

The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.