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Union Pacific announced plans to invest
more than $90 million in Southwest Bexar County to develop a new
state-of-the-art intermodal terminal. The 300-acre rail port
will serve as an economic development and job growth catalyst
for the area. The new terminal will ship and receive containers
and trailers with household goods and other items supporting
retailers and distribution centers, as well as auto parts for
the new Toyota plant in San Antonio.
“Union Pacific is pleased to make a
significant investment in Bexar County as we expect intermodal
volumes to experience significant growth in the area,” said John
Kaiser, vice president and general manager of Union Pacific’s
intermodal business.
The railroad’s intermodal volume has been
experiencing substantial growth in recent years, which is a
reflection of the many consumer goods, electronics, toys and
clothing that are being shipped from Asia via intermodal
services.
“This is a major investment in Bexar
County,” said Bexar County Judge Nelson Wolff. “The terminal
will further solidify the county’s position as an international
hub for trade and commerce.”
The new terminal will support future growth by processing more
than 100,000 trailers and containers per year. Intermodal trains
are an environmentally friendly option of transporting consumer
goods compared to long haul trucks. Trains are three times more
fuel-efficient and produce one-third less emissions than trucks
without the wear and tear on taxpayer financed roads and
highways...
...Continued
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