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Rail News: Intermodal

Long Beach port kicks off Middle Harbor modernization project

Yesterday, the Port of Long Beach launched a $1.2 billion project to modernize the Middle Harbor terminal.

Part of a $4.5 billion, decade-long port investment program, the Middle Harbor project calls for combining two older facilities — Long Beach Container Terminal L.L.C.’s existing terminal and a nearby, vacant facility — into one container terminal. The consolidation, along with the addition of advanced technology and clean air measures, will potentially double trade while cutting air pollution in half, according to a press release.

Last month, the port, Hong Kong-based Orient Overseas Container Line and Long Beach Container Terminal committed to a 40-year, $4.6 billion agreement under which the port will lease the redeveloped terminal to the other firms. As the Middle Harbor project progresses, Long Beach Container Terminal — Orient Overseas Container Line’s local subsidiary — will expand from its current 90-acre facility to the new 304-acre terminal.

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More News from 5/15/2012