The Freightway

This article originally ran in the St. Louis Business Journal on February 11, 2022 CRG, Clayco’s development arm based in St. Louis, has sold five newly built industrial warehouses, including two in St. Louis, in a $425 million deal. In what is CRG’s largest multiproperty sale since it was formed nine years ago, the company sold the fully leased warehouses […]

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This article originally ran in the Saint Louis Construction News and Review on January 28, 2021 As the first development in the portion of Premier 370 Business Park north of Highway 370 progresses toward a mid-summer 2021 completion, the City of St. Peters, MO is heralding the success of the park to the tune of 8,000 new jobs created by […]

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This article originally ran in the St. Louis Business Journal on February 9, 2022 Kadean Construction has significantly expanded its industrial sector work over the past year with $327 million of new logistics facilities underway, totaling more than 6.7 million square feet at 15 locations around the country, including five in St. Louis, where the industrial market remains hot. The Fenton-based general contractor […]

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This article originally ran in the St. Louis Business Journal on January 25, 2022 The year 2021 was a wild one for the St. Louis industrial real estate market, and forecasts for 2022 show few signs of it easing. “We have record levels of different metrics at play,” said David Branding, a managing director in JLL’s St. Louis office. “We’re […]

The post St. Louis is nearly out of industrial space: JLL on what’s next appeared first on St. Louis Regional Freightway.

This article originally ran in the Fox 2 on January 26, 2022 Two multi-million dollar infrastructure investments for Illinois transits and public ports were announced Wednesday. As part of the bipartisan Rebuild Illinois capital program, $111.4 million is going toward improving Illinois’ transit systems, and $108.3 million is going toward improving the state’s public ports, according to a press release. […]

The post Pritzker announces multi-million dollar investments for local transit and ports, including America’s Central Port appeared first on St. Louis Regional Freightway.

This article originally ran on KMOV.com on January 27, 2022.  According to the American Trucking Associations, the U.S. is experiencing a shortage of 80,000 truck drivers, adversely impacting the supply chain. Nearly 72 percent of the country’s freight transport moves by trucks, highlighting the importance of drivers. In North City, a local man is trying to help put a dent in that […]

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The Jefferson County Port Authority Board of Directors has named Jim McNichols as the new Executive Director and Cory Schuh as the new Deputy Director of the Port Authority. McNichols brings nearly two decades of experience gained from working in the executive, legislative and administrative branches of the state & federal governments. During his time in state government, he gained […]

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This article originally ran in the American Journal of Transportation on January 26, 2022.  On January 19th, the U.S. Army Corps of Engineers released its “spend plans” outlining the specific inland waterways projects that were allocated funding from the Infrastructure Investment and Jobs Act (Infrastructure Package) totaling $2.22 billion. Debra Calhoun, senior vice president, Waterways Council Inc, based in Washington, D.C. told […]

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This article originally ran in the St. Louis Business Journal on January 21, 2022 A new food manufacturing plant opened up 300 jobs opportunities for people in north St. Louis County and the surrounding area. On Tuesday, elected officials, community members, and 8th Avenue Food & Provisions employees gathered outside of the new 250,000 square-foot facility at 4801 Trade Access […]

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Progress on Key Infrastructure Projects, Expansion on the Ag Coast of America and Advancement of New Shipping Options Among the Contributors to Growing Recognition of Region’s Role in Alleviating Global Supply Chain Disruption The St. Louis Regional Freightway played a pivotal role in 2021 in helping advance the bi-state St. Louis region as a global freight hub. It reinforced the […]

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On December 23, 2021, the US Department of Transportation apportioned $241 million in grants to improve port cities around the United States. America’s Central Port (ACP) in Granite City, Illinois, was one of the fortunate recipients, securing a $4,140,000 grant for its Granite City Harbor Extension Project. The grant funds will help to further develop and renovate the harbor. America […]

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Recent webinar highlights the need for alternatives to congested coastal ports to relieve the supply chain disruption impacting the nation The World Trade Center St. Louis recently hosted a webinar discussing the ongoing national supply chain crisis and the role the St. Louis region can play in helping to alleviate it for businesses and consumers. The event featured a panel […]

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This article originally ran in the St. Louis Business Journal on January 7, 2022 NorthPoint Development hopes to build a $236 million industrial park on 235 acres in the Chesterfield Valley, within the city limits of Wildwood. In a presentation given Thursday night to the Wildwood Planning and Development Committee, Wakeel Rahman, vice president of acquisitions for Kansas City-based NorthPoint, said […]

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Is your company involved in Supply Chain and Logistics? Do your front-line employees need training for advancement? Madison County Employment and Training and St. Clair Intergovernmental Grants have received a federal grant to train local employees at no cost in a 9 county region starting in January 2022. The training will be conducted by SIU Edwardsville, Lewis & Clark Community […]

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This article originally ran in the St. Louis Business Journal on December 28, 2021 St. Louis is undervalued as an industrial real estate market, a segment that’s trending up and with favorable capitalization rates. That’s what Alfredo Gutierrez, president and founder of Houston-based industrial investor SparrowHawk Real Estate Strategies, has been saying for years. Gutierrez recently spoke with the Business Journal […]

The post St. Louis’ industrial market is going strong. But this investor says it’s gotten more competitive. appeared first on St. Louis Regional Freightway.

Bi-State Development EVP of Multi Modal Enterprises Mary Lamie’s commentary originally ran in the Edwardsville Intelligencer on December 21, 2001 The new federal infrastructure bill recently signed into law paves the way for historic investment in our nation’s core infrastructure priorities – including roads and bridges, rail, transit, ports, airports, as well as the electric grid, water systems and broadband. The […]

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This story originally ran in the Waterways Journal on December 22, 2001 Sal Litrico, CEO of American Patriot Container Transport LLC (APCT), made a long-awaited announcement December 17 at a press event in Herculaneum, Mo. Litrico, whose company is developing the patented new vessels that will carry containerized cargo along the Mississippi, Illinois and Missouri rivers, revealed that APCT has […]

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This story originally ran on KTVI Fox2Now on December 16, 2001 A St. Louis-based company is relocating its Canadian-based fruit and nut manufacturing facility to Hazelwood. 8th Avenue Food & Provision will be bringing more than 300 new jobs to the St. Louis area. 8th Avenue Food & Provisions, Inc. made the announcement Thursday that the 250,000-square-foot Hazelwood plant will […]

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“Regional Tech Triangle” plan secures $500,000 planning grant; in running for up to $100 million A proposal by a broad, bi-state regional coalition, including Greater St. Louis, Inc., to develop a new “Regional Tech Triangle” has been named a finalist in the U.S. Economic Development Administration’s “Build Back Better Regional Challenge,” part of the federal government’s plan to boost economic […]

The post St. Louis Advanced Manufacturing Proposal Named Finalist in $1 Billion Federal “Build Back Better Regional Challenge” appeared first on St. Louis Regional Freightway.

This article originally ran in the Waterways Journal on December 3, 2021. A group of farmer-funded and farmer-led organizations—including the United Soybean Board, the Soy Transportation Coalition, the Illinois Soybean Association, the Iowa Soybean Association, the Iowa Corn Promotion Board, the Minnesota Soybean Research and Promotion Council and the Missouri Soybean Merchandising Council—have partnered and offered $1 million to help […]

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