IRG, Union Pacific Railroad, the CMA CGM Group,
and Port of Oakland collaborate, offering efficient,
environmentally conscious international shipping
FERNLEY,
Nev., June 12, 2024 /PRNewswire/ -- The Port of
Nevada™, a 224-acre, inland port operation and intermodal ramp
in Northern Nevada, owned and
developed by Industrial Realty Group, LLC (IRG), will now offer
intermodal service for imports and exports between Fernley and the Port of Oakland. This venture
is the result of their collaboration with Union Pacific Railroad,
the CMA CGM Group, and the Port of Oakland.
"Direct rail access between Reno and the West Coast significantly
increases the amount of cargo freight that can be shipped," said
Stuart Lichter, President of the Port of Nevada and IRG. "This collaborative venture
will provide our clients with a more efficient, reliable, and
environmentally sensitive way to transport goods."
The Port of Nevada™ offers a full-service rail facility on the
property which is connected to Union Pacific's reliable network.
Rail operations include bulk commodity and intermodal transloading
and storage of multiple commodities. In addition, there are
multiple opportunities for build to suits and on-site storage.
The direct rail access to the port will create many
opportunities for savings, efficiencies, supply chain options, and
sustainability for Port of Nevada
customers.
The CMA CGM Group, a global player of sea, land, air, and
logistics solutions, is Port of Nevada's exclusive ocean carrier partner
through 2024. This collaboration provides worldwide connectivity to
Asia and Europe.
With the businesses experiencing the impact of supply chain
challenges in recent years and consistently with traversing the
frequently weather or traffic impacted Interstate 80 corridor, the
draw to rail becomes more attractive.
Clients utilizing rail can expect to decrease their carbon
footprint and become less impacted by road conditions, trucking
regulations, and carbon emissions. According to Union Pacific,
transporting by rail is also very efficient and cost-effective;
approximately one ton of rail cargo can be transported nearly 400
miles on just one gallon of diesel fuel. In addition, trains
account for only 2% of all transportation-relation greenhouse gas
emissions, while medium- and heavy-duty trucks account for nearly
25%.
Further support from Reno's
local economic development experts at Northern Nevada Development
Authority (NNDA) and the Economic Development Authority of
Western Nevada (EDAWN), provide
companies with the tools they need to thrive.
"This project is a very unique opportunity for those looking to
expand in the Reno market," said
Taylor Adams, EDAWN CEO. "The
coastal connectivity IRG is providing is something companies need
in Western Nevada, and we will do
all we can to support the project's continued growth throughout the
region."
"We are very excited to support the IRG inland port project,"
said Jeff Sutich, Executive Director
of the NNDA. "As a federally designated Tech Hub, focused on
onshoring businesses to Nevada,
this site is in a prime position to support advanced manufacturing
companies that will be expanding to the State."
For more information about the Port of Nevada and our services, visit
portofnevada.com or call (775) 867-3619.
About Port of Nevada
Located 25 minutes from
Reno and FTZ ready, the Port of
Nevada is an inland port operation
includes a full-service intermodal and rail facility with
switching, potential 24/7 transloading, chassis service, storage of
multiple commodities (including liquids, dry bulk, and dimensional
materials), onsite truck scale and other rail infrastructure.
Learn more at www.portofnevada.com.
About IRG
IRG is a nationwide real estate development
and investment firm specializing in the acquisition, development,
and management of commercial and industrial real estate throughout
the United States. IRG, through its affiliated partnerships
and limited liability companies, operates a portfolio containing
over 150 properties in 31 states with over 100 million square feet
of rentable space. IRG is nationally recognized as a leading force
behind the adaptive reuse of commercial and industrial real estate,
solving some of America's most difficult real estate
challenges.
Learn more at www.industrialrealtygroup.com.
About Union Pacific
Union Pacific (NYSE: UNP) delivers
the goods families and businesses use every day with safe,
reliable, and efficient service. Operating in 23 western states,
the company connects its customers and communities to the global
economy. Trains are the most environmentally responsible way to
move freight, helping Union Pacific protect future generations.
More information about Union Pacific is available at
www.up.com.
About Port of Oakland
The Port of Oakland generates
vital economic activity, community benefits and environmental
innovation, as the Port decarbonizes its operations for a cleaner
and greener future. Along with its partners, the Port supports
98,345 jobs in the region and $174
billion in annual economic activity. The Port oversees
Oakland International Airport, the Oakland Seaport and nearly 20
miles of waterfront including Jack London Square, and a publicly
owned utility. The Port of Oakland is Everyone's Port!
Connect with the Port of Oakland and Oakland International
Airport through Facebook and Twitter, or with the Port on LinkedIn,
YouTube, and at www.portofoakland.com/.
About CMA CGM
Led by Rodolphe Saadé, the CMA CGM
Group, a global player of sea, land, air, and logistics solutions,
serves more than 420 ports around the world across five continents,
with a fleet of around 620 vessels. In 2023, it carried a total of
21.8 million TEU (twenty-foot equivalent unit) containers. With its
subsidiary CEVA Logistics, a global logistics provider that
delivered 522,000 tonnes of air cargo and more than 22 million
tonnes of inland freight cargo, and its CMA CGM AIR CARGO division,
the CMA CGM Group is constantly innovating to offer its customers a
comprehensive, increasingly efficient range of new maritime,
overland and air shipping and logistics solutions.
Firmly committed to the energy transition in shipping and a
pioneer in the use of alternative fuels, the CMA CGM Group has set
a Net Zero Carbon target for 2050.
Every year, the Group supports thousands of children through its
CMA CGM Foundation, with initiatives to promote education and equal
opportunity for all. The CMA CGM Foundation also responds to
humanitarian crises requiring urgent action by calling on the
Group's shipping and logistics expertise to deliver humanitarian
supplies around the world.
Present in 160 countries through its network of more than 400
offices and 750 warehouses, the Group employs 155,000 people
worldwide, of which around 6,000 in Marseille where its head office is
located.
www.cmacgm-group.com.
For more information, contact:
Lauren Crumrine | Vice President
Marketing
IRG/Port of Nevada
614-562-9252
lcrumrine@industrialrealtygroup.com
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SOURCE Industrial Realty Group, LLC