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Capital improvements at Port of Oakland carry US$600 million price tag

Time：2017-02-10 Browse：457 Author：RISINGSUN

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.