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Port of Long Beach Approves Pier B On-dock Rail Facility, Allowing Faster and Greener Ship to Rail Cargo Movement

On January 22, the Port of Long Beach Board of Harbor Commissioners approved construction of an on-dock rail facility that will allow the faster movement of cargo with lower environmental impacts, port officials said in a press release. The new Pier B on-dock facility will allow more containers to be placed directly on trains at … Continue Reading

Port of Long Beach Issues RFQ for Gerald Desmond Bridge Project

On Wednesday, the California Transportation Commission (CTC) approved the $950 million Gerald Desmond Bridge Replacement Project for one of 10 state project slots available under California’s Design-Build Demonstration Program.  The CTC’s approval authorizes the Port of Long Beach and the California Department of Transportation (Caltrans) to deliver the project using the best-value design-build method contemplated … Continue Reading

A Look At 2009’s Major US P3 Transactions

“It was the best of times, it was the worst of times…”  Dickens could have been describing 2009, as the P3 market continued to look strong, notwithstanding the economic downturn. Last year three significant P3 deals reached financial close in the United States: in March the I-595 in Florida, in October the Port of Miami Tunnel … Continue Reading

Florida Department of Transportation Closes $900 million Port of Miami Tunnel Project PPP

The Florida Department of Transportation (FDOT), announced at a press conference in Miami today that it has reached financial close on the Port of Miami Tunnel Project.  FDOT, in partnership with Miami-Dade County and the City of Miami, entered into an agreement with MAT Concessionaire, LLC (MAT) which includes Meridiam Infrastructure Finance, S.a.r.l. and Bouygues Travaux … Continue Reading
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