Tradepoint Atlantic Inks License Deal with Host Terminals
Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore, Maryland, that features an unmatched combination of access to deepwater berths, railroads, highways, and storage space today announced an exclusive, 10-year agreement with Host Terminals to oversee the vast majority of marine cargo operations.
As part of the announcement, $30 million in combined investment toward infrastructure improvements will also be made to the site. This will further Tradepoint Atlantic’s ability to generate a projected 17,000 direct and indirect permanent jobs over the next decade as it enhances Baltimore’s competitiveness as a key East Coast port for global trade.
Host brings expertise in transportation of non-containerized cargos, providing “REAL solutions” for the bulk and break bulk industry. Host possesses a diverse range of experience in terminal operations, stevedoring, marine asset, and ship agency work, empowering out-of-the-box strategies that transform the industry.
With four berths, over 1,000 acres dedicated to marine storage space, and connections to both CSX and Norfolk Southern, Tradepoint Atlantic is the largest maritime development in the United States. The site offers immediate access to the interstate and regional road network, and it has the largest private rail yard on the East Coast with over 100 miles of shortline rail on-site. It will be the first place in the country to push bulk cargo operations inland.