The Freightway

This article originally ran in the St. Louis Business Journal on December 28, 2021 St. Louis is undervalued as an industrial real estate market, a segment that’s trending up and with favorable capitalization rates. That’s what Alfredo Gutierrez, president and founder of Houston-based industrial investor SparrowHawk Real Estate Strategies, has been saying for years. Gutierrez recently spoke with the Business Journal […]

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Bi-State Development EVP of Multi Modal Enterprises Mary Lamie’s commentary originally ran in the Edwardsville Intelligencer on December 21, 2001 The new federal infrastructure bill recently signed into law paves the way for historic investment in our nation’s core infrastructure priorities – including roads and bridges, rail, transit, ports, airports, as well as the electric grid, water systems and broadband. The […]

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This story originally ran in the Waterways Journal on December 22, 2001 Sal Litrico, CEO of American Patriot Container Transport LLC (APCT), made a long-awaited announcement December 17 at a press event in Herculaneum, Mo. Litrico, whose company is developing the patented new vessels that will carry containerized cargo along the Mississippi, Illinois and Missouri rivers, revealed that APCT has […]

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This story originally ran on KTVI Fox2Now on December 16, 2001 A St. Louis-based company is relocating its Canadian-based fruit and nut manufacturing facility to Hazelwood. 8th Avenue Food & Provision will be bringing more than 300 new jobs to the St. Louis area. 8th Avenue Food & Provisions, Inc. made the announcement Thursday that the 250,000-square-foot Hazelwood plant will […]

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“Regional Tech Triangle” plan secures $500,000 planning grant; in running for up to $100 million A proposal by a broad, bi-state regional coalition, including Greater St. Louis, Inc., to develop a new “Regional Tech Triangle” has been named a finalist in the U.S. Economic Development Administration’s “Build Back Better Regional Challenge,” part of the federal government’s plan to boost economic […]

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This article originally ran in the Waterways Journal on December 3, 2021. A group of farmer-funded and farmer-led organizations—including the United Soybean Board, the Soy Transportation Coalition, the Illinois Soybean Association, the Iowa Soybean Association, the Iowa Corn Promotion Board, the Minnesota Soybean Research and Promotion Council and the Missouri Soybean Merchandising Council—have partnered and offered $1 million to help […]

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This article originally ran in the St. Louis Business Journal on December 10, 2021. Amazon will open a new facility in the Metro East, one of two tenants that signed leases to fill 500,000 square feet in a warehouse within 45 days, in the latest sign of St. Louis’ red-hot industrial market. The Seattle-based e-commerce giant confirmed to the Business Journal that it […]

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This article originally ran in the St. Louis Business Journal on December 2, 2021. An Israeli publicly traded company with its North American headquarters in St. Louis opened an $18 million production facility Thursday focused on producing “alternative protein,” or plant-based substitutes that look and taste like meat. Israel Chemicals Ltd., more commonly known as ICL (NYSE: ICL), is a […]

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This article and video originally ran by FOX 2 on November 15, 2021. FOX 2 has learned a solution to the supply chain shortage may lie, in part, on the Mississippi River. There’s a new plan to send shipping containers from the Panama Canal, through the Gulf of Mexico, and into a port in Jefferson County about 30 miles south […]

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This article and video originally ran FOX 2 on November 15, 2021. It’s the story of a sleeping giant starting to wake up again. Air cargo business is soaring at St. Louis-Lambert International Airport, fueled by shoppers’ demands for more packages, more quickly, and a realization by shipping companies that St. Louis is a good place to get it done. […]

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This article originally ran in the October 2021 edition of the Illinois Business Journal. A Mascoutah field is quickly giving way to ground-level clearance for one of the U.S. Navy’s newest ventures. All eyes will be on in the skies in three years when The Boeing Company completes a $200 million investment to build a state-of-the-art facility to produce the […]

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Photo Credit: Walsh Construction and Trey Cambern Photography This article originally ran in the October 2021 edition of the Illinois Business Journal. Viewed from above, the reconstruction of the Merchants Bridge is an awesome spectacle of steel and concrete construction. Seen from the Mississippi River, it’s a riveting reminder of just how significant the rail project is to American commerce. […]

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This article originally ran in the October 2021 edition of the Illinois Business Journal. Union Pacific Railroad and a Metro East economic development group are pursuing efforts to fill railroad jobs open now and in coming years. Leadership Council of Southwestern Illinois has been awarded a grant to send that message to students from the middle school on up in […]

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This article originally ran in the Supply Chain Management Review on November 11, 2021. It does take a leap of imagination (and a leap of faith) and will require investments from some large global shippers as early adopters. However, there is already some support for the idea, as some large importers have begun to use multiple container ports around North […]

The post A River Runs Through It: Is an inland waterway our future? appeared first on St. Louis Regional Freightway.

This article originally ran in the St. Louis Business Journal on November 11, 2021. A Boston industrial real estate investment firm has purchased two more industrial warehouses in the St. Louis region for $75.1 million. Plymouth Industrial REIT (NYSE: PLYM) bought 1.1 million square feet of industrial space in the Gateway Commerce Center in the Metro East in October, said […]

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This article originally ran in the St. Louis Post-Dispatch on November 11, 2021. In October, Alfredo Gutierrez closed on a deal that he had never seen in his 30 years in commercial real estate. The founder of SparrowHawk, a Houston-based investor of industrial properties, worked out a bargain where a tenant agreed to move out of his company’s Sauget warehouse months early […]

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This article originally ran in the St. Louis Business Journal on November 2, 2021. The largest independent metal coil coater in North America, based in St. Louis with 13 factories nationwide, is expanding its Granite City manufacturing site by 53,000 square feet to meet the higher demand for steel. Town and Country-based Precoat Metals, which coats and paints a range of […]

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This article originally ran in the St. Louis Post-Dispatch on November 4, 2021. Snarled global supply chains are putting stress on companies large and small. Automakers have curtailed production because they can’t get electronic components. Industrial giant Emerson said Wednesday that logistics and labor constraints reduced its fourth-quarter revenue by $175 million. Shortages began in 2020 as a COVID-19 story: As […]

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This article originally ran in the St. Louis Business Journal on November 3, 2021. The St. Louis region’s industrial submarket was already on the upswing before the pandemic accelerated demand from the e-commerce sector, which has been a huge driver of the current industrial growth. With a record low vacancy rate of 3.8%, the region has 5.9 million square feet of […]

The post As St. Louis’ industrial market breaks records, it’s not expected to slow down. Here’s why. appeared first on St. Louis Regional Freightway.

This article originally ran in the St. Louis Business Journal on November 4, 2021. The developer of a new $65 million industrial park in Maryland Heights has three warehouses under construction simultaneously to meet the growing demand for industrial space in St. Louis. NorthPoint Development unveiled the future Riverport Trade Center at a groundbreaking ceremony Thursday with leadership of the […]

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