b'12American Journal ofTransportation ajot.comGlobal terminal operatorsTERMINAL OPERATORS, PORT DRAYAGE eye new investments & CHASSIS MANAGEMENT 2022By George Lauriat, AJOT OnOctober25 th Trade- well be a watershed moment PointAtlanticandTermi- forthetwentyorsoGTOs, nalInvestmentLtd.(TIL)which constitute a very small announced a joint partnershipclub with enormous clout in to build a 165-acre containercontainershipping.Unsur-terminalandon-dockrailprisingly, like the container-facility.Theproposedcon- shipoperators,GTOshave tainerterminalisthelatestexperienced a tumultuous yet ventureintheredevelop- enormously profitable stretch ment on the site of the formerduring the recovery from the steel mill on Sparrows PointCOVID-19pandemicover inBaltimore. Thenewcon- the last two years. tainer terminal is destined toButtherearesignsthe complementthemultimodalhistoricallyprofitablerunis logistics and industrial enter- coming to an end. The deterio-prisesthathaverisenfromrating economic and geopoliti-theashesonTradePointcal condition has dampened the Atlantics 3,300 acre site. container trade outlook. Freight It is not hyperbole to sayrates have already nose-dived.that the construction of a newTherearealreadysome containerterminalonthe(EYEcontinued on U.S. East Coast is a big deal.page 16)KerryDoyle,Tradepoint Atlantics managing director noting the importance of the deal said, This is one of the mostimportantandconse-quentialannouncementswe havemadesincesettingout with our initial plans to rede-veloptheformerSparrows Point Steel Mill. Doylesright.Anew containerterminallocated ontheMid-Atlanticcoast is a game-changer for Balti-more,TradePointandespe-ciallyTIL.Afootholdina strategiclocationlikeBalti-moreisasignificantmove fortheworldssixthlargest containerterminaloperator. TILcountsMediterranean Shipping Corporation (MSC) theworldslargestcon-tainershipoperatorandthe shipownerwiththelargest numberofnewvesselson orderas its anchor carrier-client. And since opening the doorsin2000theGeneva-basedterminaloperatorhas grown rapidly and now has a stake in over forty terminals aroundtheworld,generally in partnership with other ter-minal management entities.TheEastCoastmarket shareofcontainervolumes heading to the U.S. is forecast to rise with the shift in sourc-ing of Southeast Asia and the nations problematic relation-ship with China. And where thenewcontainercapacity will be added is problematic on the heavily populated U.S.Moving Day and NightEastern Seaboard.But this is not just about theEastCoast,theU.S.,or evenNorth America,globalThe Port of Long Beach believes that moving to 24/7 operations is essential for the terminaloperators(GTOs)future of the supply chain. Visionary leadership helps make us the Port of Choice.aresearchingfortheworld overtofindtherightloca-tions to add to their terminal portfolio. The GTOs are fore-casting a new wave of con-tainers heading their way and they are seeking new oppor-tunities for investment.w atershed forgto sInmanyrespects,this post-pandemicperiodcould'