Logistic Zone | Acreage | Ownership | Notes |
---|---|---|---|
CentrePort Canada | 20,000 | Public | Rail-airport co-location |
Global Transportation Hub | 3,250 | Public | |
CN Calgary Logistics Park | 580 | Private | Opened in 2013 |
Alliance Texas | 17,000 | Private | Opened in 1994 |
CenterPoint Intermodal Center – Elmwood | 2,200 | Private | |
CenterPoint Intermodal Center – Joliet | 3,600 | Private | Opened in 2004; BNSF |
CenterPoint Intermodal Center – Houston Metro | 630 | Private | Opened in 2011 |
CenterPoint Intermodal Center – Suffolk | 921 | Private | Opened in 2009 |
CenterPoint Intermodal Center – Crete | 1,000 | Private | Opened in 2010; CSX |
CenterPoint Intermodal Center – Kansas City | 1,340 | Private | KCS |
Dallas Logistics Hub | 6,360 | Private | |
Huntsville International Intermodal Center | 1,470 | Public | Opened in 1986 |
Rickenbacker Global Logistics Park | 1,300 | PPP | Opened in 2008 |
Raritan Center | 2,350 | Private | Rail link planned |
Terminal Intermodal Logistica de Hidalgo | 400 | Private | Opened in 2012 |
The principle of co-location is fundamental to the operational efficiency of an inland port. Several recent logistic zone projects in North America are capitalizing on this advantage. The planning and setting of a new intermodal rail terminal are done concomitantly with a logistics zone project. This partnership fundamentally acts as a filter for the commercial potential of the project as both actors must make the decision to go ahead with their respective capital investments in terminal facilities and commercial real estate. The above table depicts selected recent logistic zone projects that were designed in co-location with a new or renovated intermodal rail facility. Some involve substantial acreage, and it remains to be seen if the allocated land will eventually be fully used.
Co-located logistics zone projects tend to be significantly larger than conventional logistics zones solely serviced by road. The convergence between the need for rail companies to develop large terminals to accommodate economies of scale and the capital intensiveness of these investments has incited partnerships with large commercial real estate developers who have the capital and expertise to develop large logistics zones. CenterPoint Properties, which was acquired in 2006 by a branch of CalPERS (California Public Employees’ Retirement Fund), is a salient example of a commercial developer actively involved with several rail operators in the development and management of logistics zones. While in most cases, CenterPoint will bring forward a project after a terminal development project has been announced, the trend is shifting towards concomitant planning of the intermodal rail terminal and the logistics zone. In one case (Crete, Illinois), CenterPoint decided to develop a logistics zone beforehand, and the rail operator CSX latched on afterward with its National Gateway Program.