The California Inland Port project proposes to develop four inland logistics hubs in California’s San Joaquin Valley stretching from Bakersfield in the south to Sacramento in the north helping to reduce congestion at California ports, according to Lois Yates, a partner at Global Logistics Development (GLD) Partners.
Adam Wasserman, managing partner at GLD Partners explained the market rationale for the project
“Our data shows 1.1 million TEUs moving in and out of this market area. These containers go through the San Pedro Ports of Los Angeles and Long Beach. It is about evenly split with inbound and outbound containers. [Editor’s note: the Ports of Los Angeles and Long Beach have a much heavier inbound to outbound total – in March 2022 Port of LA reported 495,185.8 loaded inbound compared to 111,781.25 load outbound.]
The inbound is mostly consumer goods and the outbound is mostly agricultural goods.
The Port of LA was very interested early on, and they have been quite involved. We are talking about four hubs, up and down that market.
We are creating a system of investments that support state objectives and builds efficiency and that includes less congestion and less air pollution.
The project was launched in 2019. It proposes integrated logistics, economic development, and clean energy.
The projected total investment is $30 billion and participant partners include state, air quality districts, councils of governments, ports, shippers, as well as rail and trucking companies.”
Source Stas Margaronis AJOT