US tax reform proposals threaten viability of economic development initiatives: Eric Peterson

Economic development advocates, infrastructure developers, local elected officials, governors and members of state legislatures should be concerned and motivated to let their representatives in Congress know of their concern about proposals included in both the outlines of the House and Senate tax reform proposals as far as supporting efforts aimed to create jobs, rebuild infrastructure and promote the competitiveness of American industry.

By |2019-06-14T11:03:31-07:00November 13th, 2017|Blog, Uncategorized|
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GLDPartners Advances Partnership for US West Coast Port Manufacturing + Logistics Hub

GLDPartners has helped to craft a unique partnership agreement between the Port of Los Angeles (portoflosangeles.org) and the Mid-California International Trade District (MCITD, midcalitd.com). This an extremely unique project in the United States with a formal partnership linkage between the busiest seaport in North America and a major industrial manufacturing and logistics hub, both in California. Both parties felt that collaboration would benefit each individually and also the wider economy in the State, which represents the 6th largest economy in the world. This project reflects the Port's vision for a larger "Connecting California" strategy. The partnership engineers a structured intersection between industrial policy, real asset development, public/private investment, transport infrastructure, labor force development and global logistics connectivity.

By |2019-06-14T11:03:53-07:00October 26th, 2017|Blog, Uncategorized|
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TIGER FUNDING: $500M For National Infrastructure Investments – Deadline Oct 16

Another round of TIGER funding has been announced by the USDoT. Project applications are due by October 16th, 2017. Please contact us for more information about the program and views about the kinds of projects that DoT is seeking to fund. One of our senior partners would be pleased to chat with you about your project or project concept and offer advice. As described in the official announcement, eligible projects for TIGER Discretionary Grants are capital projects that include, but are not limited to: •road or bridge projects eligible under title 23, United States Code; •public transportation projects eligible under chapter 53 of title 49, United States Code; •passenger and freight rail transportation projects; •port infrastructure investments (including inland port infrastructure and land ports of entry); •intermodal projects This notice is substantially similar to the final notice published for the TIGER Discretionary Grants program in the Federal Register on February 26, 2016 (81 FR 9935) for FY 2016 funds. The selection criteria remain fundamentally the same as previous rounds of TIGER Discretionary Grants, but the description of each criterion was updated. The FY 2017 TIGER program will additionally give special consideration to projects which emphasize improved access to reliable, safe, and affordable transportation for communities in rural areas, such as projects that improve infrastructure conditions, address public health and safety, promote regional connectivity, or facilitate economic growth or competitiveness. For this round of TIGER Discretionary Grants, the maximum grant award is $25 million, and no more than $50 million can be awarded to a single State, as specified in the FY 2017 Appropriations Act.

By |2019-06-14T11:03:53-07:00September 6th, 2017|Blog, Uncategorized|
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GLDPartners: Study Underway for Utah Inland Port – Utah Public Radio

GLDPartners is working on the Utah Inland Port Feasibility and Delivery Analysis. Governor Herbert has created an exploratory committee to research the feasibility of an inland port for the state of Utah. Inland ports are designated sites with strong transportation infrastructure and distribution operations. Suzette Alles is the International Business Development Specialist for World Trade Center Utah. She said land-locked states such as Utah use inland ports much like traditional coastal ports, providing services, including customs clearance, to speed the process of inland international trade

By |2017-09-01T14:16:30-07:00September 1st, 2017|Blog, Uncategorized|
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TRADE AGREEMENTS: THEY MATTER A LOT

This article in American Shipper is about the impact of the new trade agreement between Canada and the European Union, and specifically on logistics connectivity between Europe and Montreal. Maersk Line will add a new service to its transatlantic network just as a free trade deal between Canada and Europe is initiated, the company said in a statement. The Danish ocean carrier will join service operator Hapag-Lloyd and slot purchaser CMA CGM on the JMCSA service from Mediterranean ports to Montreal on Sept. 30.

By |2019-06-14T11:03:54-07:00August 30th, 2017|Blog, Uncategorized|
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Silicon Valley Business Journal Exclusive: New 2,000 Acre Silicon Valley AutoTech Complex in California

Jody Meacham of the Silicon Valley Business Journal has written this week about a project that GLDPartners is working on in California. Their lead story: Exclusive: Merced County is developing a 2,000-acre auto tech center for Silicon Valley's self-driving cars tells the story about how we're working with Merced County on the development of a large-scale multimodal manufacturing and logistics hub, the Mid-California International Trade District. This complex is slated to be a $1B project that will house 8M square feet of tech-industrial development and about 10,000 jobs.

By |2019-06-14T11:03:55-07:00August 2nd, 2017|Blog, Uncategorized|
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Electronics Supply Chains in the US Are About to Get a Big Boost.

The Wall Street Journal is reporting that Taiwan’s Foxconn, Samsung Electronics Company and LG Electronics are all poised to make big investments in the United States. Foxconn Technology Group is preparing to decide on one of seven states where it plans to spend some $10 billion to expand its contract manufacturing operations, a move that will draw in Foxconn’s huge network of suppliers and parts distribution.

By |2017-07-20T21:13:36-07:00July 12th, 2017|Blog, Uncategorized|
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USDoT Launches INFRA Grant Program: GLDPartners Invites Project Reviews

More federal grant funds to support transportation infrastructure were announced in late June. This represents the Trump Administration's follow-on to the project funding program that has been known as FASTLANE previously under the Obama Administration. The newly named program will be called INFRA and will focus on projects in which the local sponsor is significantly invested and where the project is positioned to proceed rapidly to construction. USDoT is interested to participate in projects that are of national or regional economic significance. INFRA funds can be used for a range of purposes, including: reconstruction, rehabilitation, property acquisition, environmental mitigation, construction contingencies, equipment acquisition, and operational improvements. Ultimately funded at $1.5B, this is a modest investment in terms of overall national infrastructure, but does represent some serious funding for specific projects. Representing new emphasis, the DoT is increasingly interested projects that include private investment. Some portion of the funding (25%) is set-aside for projects in rural areas. Applications for funding must be received within 120 days following publication, which was June 29, 2017.

By |2019-06-14T11:03:56-07:00July 1st, 2017|Blog, Uncategorized|
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Need for Greater Commitment to US Strategic Infrastructure Investment: HMT

The Harbor Maintenance Trust Fund Reform Act of 2017 has been introduced in both the US House and Senate to restructure how the Harbor Maintenance Tax Trust Fund monies are spent, with a stronger emphasis on port harbor maintenance needs. Generating over $1.6B every year, diverting monies from the Fund has long been a major issue for seaports as their business activity generates tremendous resources that were intended to be spent on supporting ongoing harbor maintenance needs.

By |2019-06-14T11:03:56-07:00July 1st, 2017|Blog, Uncategorized|
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