b'22American Journal ofTransportation ajot.comBGFP International secures $72 million to construct new cold storage facility in Jacksonville, FLBGFP International, a stra- lenders has been a focal point tegic partnership between BGof BGFP Internationals abil-Capital, Saoud Development,ity to arrange and close more andFreezPakLogistics,hascomplex capital stacks in tur-secured $72 million in fund- bulentdebtenvironments, ingfromValleyNationalsaidTylerHuffman,Vice Bank,theIsraelDiscountPresident of BG Capital. We BankofNewYork(IDB),are extremely grateful to our andNuveenGreenCapitalpartnersatValleyNational to develop a 275,000-square- Bank and Nuveen Green Cap-footcoldstoragefacilityinitalfortheirswiftexecution Jacksonville,Florida.Con- on this transaction. Durango, CO-based Instone USA provides chartered aircraft for livestock.structionisunderwayandThefacility,tobeleased(TEEMINGcontinued from page 18) animals by commercial airlines. expected to be completed inexclusively by FreezPak Logis- He said new regulations are setting higherThe globalization of markets has signifi-November 2024. tics, spans over 20 acres, andstandardsfortransportconditions,includingcantly increased the demand for animal trans-Thedebtexecutionwaswilloffer53,000newpalletstricter requirements for temperature-control,portation services. However, this also brings originated by Tyler Huffmanpositions with 212,000 squarespace allowances, and mandatory rest periods. complexities, such as navigating diverse regu-and Joseph Byrne of BG Cap- feetoffreezerspaceandaThe International Air Transport Associa- latory environments, ensuring biosecurity, and ital, which consists of Valley41,000-square-foot cooler dock,tion (IATA) Live Animals Regulations (LAR)managinglogisticalchallengesacrossbor-National Bank and IDB con- givingusersaccesstoblastis the worldwide standard for transporting liveders, Harding said. tributing as the senior lendersfreezing, cross-docking, trans-andNuveenGreenCapitalportation,repacking,overseas providing Commercial Prop- container plug-ins, and USDA(BUILDcontinued frombytheirrespectiveunionsvationforPrinciplePower erty-AssessedCleanEnergyinspections.Thefacilitywillpage 14) toprepareworkersfortheresponded:Wearehon-financing (CPACE). also include 34 loading docks,Atlantic Coast. typesofjobsrequiredtooredtobeselectedforthe Building constructive rela- 132trailerparkingstalls,90The conference also fea- build floating offshore windFLOWIN Phase 2 award. We tionships with a mix of tradi- containerplug-ins,and67turedastrongendorsementturbines. However, each rep- wereabletoextracthighly tionalandalternative-basedclear-height ceilings. of offshore wind from Chrisresentative and Hannan alsovaluablefeedbackfromthe Hannan,President,Stateemphasizedtheimportancesupply chain to better enable BuildingandConstructionofwindfarmdevelopersproject successes on the first TradesCouncil.HannannegotiatingProjectLaborwaveofU.S.WestCoast was followed by a panel thatAgreementsassuringunionprojects.Wearebuildinga included: recognitionforconstructionnew industrynot just a sin-Travis Alexander,Seniorandelectricalworkersingular project.Organizer,NorthernCalifor- wind farm projects. Christoffer Valstad, Senior niaCarpentersUnion,JeffVicePresident,Renewables Hunerlach,DistrictRepre- u.s. d ePartMento fe nergy USatAkerSolutions,said: sentative,OperatingEngi- a Ward At Aker Solutions, we have neers;MicahMitrosky,OnMay15th,theU.S.decadesoffabricationand InternationalRepresentative,Department of Energy (DOE)executionexpertisehaving InternationalBrotherhoodofannouncedthatitselecteddelivered large and complex ElectricalWorkers(IBEW);PrinciplePowerandAkerstructurestotheoffshore Treston Shull, Vice President /Solutionsaswinnersfortheindustrysincethe1980s Business Representative, Labor- second phase of the U.S. Float- TheFLOWINprizehas Rendering of the 275,000-square-foot cold storage facility in Jacksonville, FL ers International Union of Northing Offshore Wind Readinessprovideduswithaunique America(LiUNA)l,Vice(FLOWIN)Prize,advancingopportunity to explore ways (JOINScontinued fromLogistics Masterclass, a uniquePresident /Business Represen- plans for serial manufacturingtoserializefabrication, page 20) program that brings togethertative, LiUNA. of WindFloat foundations. drive further innovation and (AIA)overseesallfreightindustryexecutives,expertsThelaborleadersdis- SethPrice,VicePresi- reduce costs for floating off-and mail handling activities,and policymakers. cussed ongoing training effortsdent of Technology & Inno- shore wind.acting as the coordinator and facilitatoroftheairports cargo community and spear-heading new developments. LinaPalli,IATACEIV PharmaCoordinatorforthe AthensCargoCommunity, saidAtAIAwestrongly believeincollaborationand synergies. By joining Pharma.Aerowewillnotonlyjoin aninternationalnetworkof expertsandgainvaluable knowledge that we can trans-fer to our local partners, but we will also support Pharma.Pharma.Aero serves as a collaborative platform bring-ingtogetherLifeSciences and MedTech manufacturers, pharma-certified cargo com-munities,includingairports, airlinesandotherlogistics providerstodrivepositive changebyaddressingcur-rentchallengesandfuture trends in the transportation of healthcare products.Pharma.Aero is also co-founder and organizer of the annualInternationalPharma'