On today’s show we are taking a look at the inland port.
North America is about to experience a labor disruption of epic proportions. If we look beyond the immediate, there is a lot going on in shipping behind the scenes that most people are largely unaware of.
But first we need to be aware of the impact that the disruption of the ports can have not just on imports that we are accustomed to enjoying. Much of the products we purchase in a retail store enter the US and Canada via shipping container. Most major retailers have been building inventory over the past six months in order to mitigate the risk of a work shutdown on October 1.
But on today’s show I’m looking beyond the strike. This is after all a real estate podcast. So we are going to focus on the real estate and logistics of shipping.
Many of you might remember the congestion at the port of Los Angeles and the port of Long Beach in California during the pandemic. The solution to this logistics problem is to move the port to a new location where there is more land available. Now the port of Long beach is not exactly small. It consists of 3200 acres. There are 10 piers and space for up to 80 ships at a time. It’s a huge port, but not large enough.
The new seaport is located miles from the ocean in the state of Utah. There are in fact five locations in the state of Utah that form the inland port. The largest is 16,000 acres.
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