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Starwood Urban, an affiliate of the the big real estate investor Starwood Capital, has bought the building at 430 West 14th Street, and the New York State Common Retirement Fund pension fund invested $115 million last fall in the old Port Authority inland terminal at 111 Eighth Avenue between 15th and 16th Streets.
A few miles to the west, a $2.50 ride on the Metrolink tram line from downtown leads at a seductively sedate pace to an area that, until the 1990's, was distinguished by the bleakness of the Salford Docks -- the final, inland terminal of the Manchester Ship Canal, once an artery of empire.
No large impact is to be expected in light of the small market area of the new inland terminal.
The port is connected by road and rail to an inland terminal located at Padang Besar near the border of Malaysia-Thailand.
Padang Besar inland terminal is also connected by road and rail to South Thailand which is the location of the proposed Kra Canal.
The market areas of each inland terminal are then highlighted on maps, which help to see how large the market area of each intermodal terminal is.
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In particular, directly transporting containers from inland terminals to other inland terminals (direct repositioning) results in cost savings of up to 15% for dry containers and up to 17% for reefer containers.
The model is tailored for the repositioning of these containers in the representative setting of a network of off-dock empty depots, ocean terminals, and inland terminals.
Therefore, there is an increasing interest in seaports that are more socially inclusive, addressing the storage of containers of hazardous goods to safe inland terminals.
While rail transport is growing for medium-distance journeys, the first and last miles are travelled by road, marking a change of transport mode in inland terminals (ITs).
An appropriate design of inland terminals for containers with dangerous goods (ITDGs) may contribute to the achievement of a sustainable development and the minimization of risks, avoiding disasters such as Tianjin.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com