Posted on 10/08/2007 1:48:03 PM PDT by Tolerance Sucks Rocks
Be interesting to see if the capital investment on the intercoastal up there is equaled with capital investment on the oceanside ~ bet it’s not. Makes those port facilities “intermittent” at best, and then you have to haul the stuff over the Rockies ~ Mexico is a better bet.
I haven’t read enough about the project to know how they plan to traverse the Continent except to read the following article about using rail. My only point is that apparently the incoming will be spread among many ports, West Coast, Mexico, Gulf of Mexico, and Canada.... It will mean jobs and growth for some I’m sure.
.....excerpt......
On Oct. 31, when the first Asian shipping vessel docks in what Canadians call The New World Port at Prince Rupert — loaded with 5,500 containers of consumables, electronics, clothing and all manner of goods North Americans buy every day from China — the whole economy will change.
The magnitude will ripple across the continent — arriving in Memphis 133 hours later by train — in an uptick at Canadian National’s Intermodal Gateway Memphis terminal in Frank C. Pidgeon Industrial Park.
In the first year, CN expects 30 percent of the shipping containers — or 75,000 — will come through Memphis for storage and shipment across the region.
By the time the port’s second phase is built in 2011, Prince Rupert will have capacity for 2 million containers. About 300,000 a year could be headed to Memphis, more than doubling CN’s container business in Memphis.
“It’s the opening of a brand-new trade route between North America and China,” said John Moore, president and chief executive of the Memphis Regional Chamber. “That’s very significant for us because China is Tennessee’s No. 3 largest trade partner.
.....End excerpt.....
http://www.commercialappeal.com/news/2007/sep/30/b30rupert/
Modern intermodal systems (using international shipping containers) don’t generate all that many jobs.
Modern intermodal systems (using international shipping containers) don’t generate all that many jobs.
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