..WHILE VALPARAISO TO ADD LOGISTICS ZONE..

“It is no longer a question of if our nation’s transport infrastructure will start to fail, but when,” Mr Raymond said. Short-sea shipping services could move cargo from congested ports to ready ports with available capacity,such as ports in Wilmington and Philadelphia.

Six financial institutions have bid for a five-month contract to advise the Valparaiso Port Company (EPV) on the funding and implementation of its planned $26m logistics project. Known as ZEAL, the new 44ha area, which will be managed by EPV in partnership with several private sector operators, will encompass a 10ha truck park, 12.3ha of terminal handling and operational area, 14.3ha of operational back-up space, 5.5ha for cargo and transport services, and a 1.3ha administration and regulation area.