Cargo Business Newswire

Tuesday, March 10, 2015

Top Story

Port of Oakland to build $500M trade and logistics center

The Port of Oakland is launching a massive $500 million trade and development project aimed at reducing truck traffic, making shipping more efficient and creating jobs.

Building begins this year on the publicly and privately financed Oakland Global Trade & Logistics Center, managed by the city of Oakland. The logistics center will be constructed on the site of a 330-acre U.S. Army base that has been closed since 1993.

Crews have already demolished 320,000 square feet of warehouses. Efforts are ongoing to cleanup toxic waste left by the military and to stabilize the soil in case of earthquakes.

Once the logistics center is operational, the port can use more trains to carry goods and conduct more freight packing and unpacking on site. That,

in turn, will reduce the number of trucks heading out from the port along Interstates 80 and 880.

For more of the Mercury News story: www.mercurynews.com