Skip to content
Search AI Powered

Latest Stories

newsworthy

FedEx Ground to become launch tenant at Baltimore's Tradepoint Atlantic logistics complex

FedEx unit to build 300,000-square-foot DC on 50 acres of old "Sparrows Point" property.

The ancient Sparrows Point terminal in Baltimore, which eight days ago announced a rebranding as "Tradepoint Atlantic" with plans to build a global logistics hub on 3,100 acres, said today that FedEx Ground, the ground delivery unit of FedEx Corp., will build a 300,000-square-foot distribution facility there.

The facility, scheduled to open in August 2017, will join existing FedEx Ground's Baltimore-area stations in White Marsh and Halethorpe, Md., said Tradepoint Atlantic, the developer, manager, and owner of the hub, which for decades was a manufacturing plant for the old Bethlehem Steel Co.


The FedEx Ground facility will be built on 50 acres of ground leased to Indianapolis-based developer Scannell Properties, which is developing the distribution center.

The Tradepoint Atlantic complex, located in southeastern Baltimore county, is near the Port of Baltimore. Baltimore and the Port of Norfolk are the only two mid-Atlantic ports with water depth of 50 feet or deeper, which is considered a required draft to accommodate fully laden megavessels. It is also in close proximity to a short-line railroad that connects to CSX Corp. and Norfolk Southern Corp., the two largest eastern rails. It connects with Interstate 695, which functions as Baltimore's Beltway, which, in turn, feeds Interstates 95 and 70.

Use of the Sparrows Point property dates back to 1887, when the Pennsylvania Steel Co. acquired the land to make iron. Pennsylvania Steel was subsequently reorganized under the name of Maryland Steel Co., and was acquired by Bethlehem in 1916. By 1958, the plant was the nation's largest steel mill, and the world's largest tin producer. In ensuing decades, however, Bethlehem's influence waned as foreign competition eroded American steel's dominance, plastic replaced steel for a large portion of auto and manufacturing, and aluminum replaced tin as the metal of choice for packaging. Bethlehem filed for bankruptcy protection in 2001, and steelmaking ceased at Sparrows Point in 2012.

Two years later, Sparrows Point Terminal LLC bought the site with plans to redevelop it as a major East Coast distribution hub.

The Latest

More Stories

port of oakland port improvement plans

Port of Oakland to modernize wharves with $50 million grant

The Port of Oakland has been awarded $50 million from the U.S. Department of Transportation’s Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at its Outer Harbor facility, the port said today.

Those upgrades would enable the Outer Harbor to accommodate Ultra Large Container Vessels (ULCVs), which are now a regular part of the shipping fleet calling on West Coast ports. Each of these ships has a handling capacity of up to 24,000 TEUs (20-foot containers) but are currently restricted at portions of Oakland’s Outer Harbor by aging wharves which were originally designed for smaller ships.

Keep ReadingShow less

Featured

screen display of GPS fleet tracking

Commercial fleets drawn to GPS fleet tracking, in-cab video

Commercial fleet operators are steadily increasing their use of GPS fleet tracking, in-cab video solutions, and predictive analytics, driven by rising costs, evolving regulations, and competitive pressures, according to an industry report from Verizon Connect.

Those conclusions come from the company’s fifth annual “Fleet Technology Trends Report,” conducted in partnership with Bobit Business Media, and based on responses from 543 fleet management professionals.

Keep ReadingShow less
forklifts working in a warehouse

Averitt tracks three hurdles for international trade in 2025

Businesses engaged in international trade face three major supply chain hurdles as they head into 2025: the disruptions caused by Chinese New Year (CNY), the looming threat of potential tariffs on foreign-made products that could be imposed by the incoming Trump Administration, and the unresolved contract negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), according to an analysis from trucking and logistics provider Averitt.

Each of those factors could lead to significant shipping delays, production slowdowns, and increased costs, Averitt said.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less