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CenterPoint Properties is a company that invests primarily in real estate used for intermodal freight transport.The company owns more than 300 buildings containing more than 60 million square feet, including the CenterPoint Intermodal Center.
A container port, container terminal, or intermodal terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks , in which case the terminal is described as a maritime container port .
Large investments were made in intermodal freight projects. An example was the US$740 million Port of Oakland intermodal rail facility begun in the late 1980s. [2] [3] Since 1984, a mechanism for intermodal shipping known as double-stack rail transport has become increasingly common. Rising to the rate of nearly 70% of the United States ...
In April 2013, the port completed a $19 million [2] infrastructure investment to be able to ship and receive international intermodal containers. [3] The expansion includes the installation of 20,000 feet of new rail purchased from Union Pacific. This will give the POT the ability to handle intermodal unit trains of 60-100 cars. [2]
The definition of inland port in the jargon of the transportation and logistics industries is: An inland port is a physical site located away from traditional land, air and coastal borders with the vision to facilitate and process international trade through strategic investment in multi-modal transportation assets and by promoting value-added ...
The Intermodal Center includes a 785-acre Union Pacific Railroad complex just south of Joliet and a 770-acre BNSF Railway complex further to the southwest. [2] The facility's location was formerly part of the Joliet Army Ammunition Plant. Construction of the Intermodal Center began as part of the Joliet Arsenal redevelopment effort after 2000. [3]
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Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers, or ISO containers). [1] Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports.