Shipping and Logistics
Former AK Steel Site in Missouri to Become Freight Hub
Written by Sandy Williams
October 13, 2020
The former AK Steel site near Kansas City is the location for a new Missouri River intermodal terminal thanks to a $9.88 million grant from the U.S. Department of Transportation to the Kansas City Port Authority.
“Kansas City is already a major freight hub for the central United States, and this grant will help us continue to build on critical transportation infrastructure and spur economic development in the region and across Missouri,” said Governor Mike Parson.
The 415-acre site, purchased from AK Steel in 2018, has access to water, highway and rail, creating an ideal location for a terminal to move freight through Kansas City to and from the West, Gulf and East Coast ports. The Port Infrastructure Development Grant will be used for project planning and environmental remediation.
“Kansas City’s central location is one of its greatest competitive advantages. The Missouri River Terminal project capitalizes on the city’s position as a hub for the nation’s railways, highways, and waterways to support continued growth in the region,” Senator Blunt said. “This critical grant funding will also help leverage additional private-sector investment that will fuel economic development and job creation.
Sandy Williams
Read more from Sandy WilliamsLatest in Shipping and Logistics
Wittbecker: Challenges ahead for container freight in 2025
In 2024, volatility with a capital “V” has been the rule. That will remain high heading into 2025.
Reibus: November flatbed rates cool after October bump
Following the short-lived East Coast port labor strike in October, we now turn toward the Jan. 15 deadline to reach a long-term agreement.
Reibus: Flatbed, dry van rates ticked up post-hurricanes
After closing the third quarter -3.84% on a y/y basis, our first look at fourth-quarter flatbed spot rates puts us virtually flat y/y, coming in at -0.68%.
Leibowitz: Thorny issues remain as ILA-USMX talks kicked into 2025
On Thursday, the International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX), representing carriers and port operators on the East and Gulf Coasts, announced a three-and-a-half-month extension of the recently expired collective bargaining agreement. The extension kicks the can down the road until Jan. 15, 2025, after the 2024 election and the certification of the results on Jan. 6.
Ports strike over as longshoremen reach tentative pact with employers
The International Longshoreman's Association (ILA) union and the United States Maritime Alliance (USMX) reached a tentative agreement on wages on Thursday evening. The move ends a strike at East Coast and Gulf Coast ports that began on Tuesday and that had threatened significant supply-chain disruptions.