The Port of Oakland on Friday announced in a release that it, along with its partners, plans to invest $600m in facilities and infrastructure.
Maritime Director of the California Bay Area port, John Driscoll, is quoted telling a maritime audience that the port will increase trade volume by expanding containerized cargo.
He said the port would be teaming up with private developers and public agencies to realise the goal of modernizing to improve logistics and eliminate bottlenecks that impede cargo flow.
Among the planned improvements are a $50m expansion of the port’s second biggest marine terminal, a $90m refrigerated warehouse for beef and pork exports and a $244m project to separate railroad tracks from major Port roadways.
