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The Port of Memphis The Importance of Inland Ports Presented to WCI October 2, 2013
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The Port of Memphis The Importance of Inland Ports

Feb 10, 2016

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The Port of Memphis The Importance of Inland Ports. Presented to WCI October 2, 2013. Location. Jurisdictional Boundary: River Mile 725 to 740 68 Water Fronted Facilities 90% of the Industries are located on Presidents Island No locks or dams from Memphis to Gulf Ice Free. - PowerPoint PPT Presentation
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Page 1: The Port of Memphis  The Importance of Inland Ports

The Port of Memphis The Importance of Inland Ports

Presented to WCIOctober 2, 2013

Page 2: The Port of Memphis  The Importance of Inland Ports

• Jurisdictional Boundary: River Mile 725 to 740

• 68 Water Fronted Facilities

• 90% of the Industries are located on Presidents Island

• No locks or dams from Memphis to Gulf

• Ice Free

Location

IntermodalGatewayMemphis

Page 3: The Port of Memphis  The Importance of Inland Ports

Presidents Island Project History

Page 4: The Port of Memphis  The Importance of Inland Ports

• 1796 map identified it as Grand Island

• 1802 river guide refers to it as President’s Island

• 1865 – served as camp for about 1,500 freed slaves

• After the Civil War, Nathan Bedford Forrest established a penal farm to raise corn and cotton. The county paid 25¢ per prisoner per day

Page 5: The Port of Memphis  The Importance of Inland Ports

Presidents Island Concept - 1949

Page 6: The Port of Memphis  The Importance of Inland Ports

Presidents Island Today

Page 7: The Port of Memphis  The Importance of Inland Ports

• 4th largest Inland Port in the United States• 173 industrial locations in the port• 3,000 to 4,000 employees• 54 facilities with harbor capabilities• 30,000 annual rail car movements• Employee base from Arkansas, Mississippi, Missouri and

Tennessee• 53 acre public facility• 7.1 Billion Annual Economic Impact• 16,765 jobs supported within Shelby County by port related

operations.

Presidents Island Today

Page 8: The Port of Memphis  The Importance of Inland Ports
Page 9: The Port of Memphis  The Importance of Inland Ports
Page 10: The Port of Memphis  The Importance of Inland Ports

Presidents Island Tomorrow - Option 1

Project Notes

• $38 Million dollar project• Detailed engineering

complete• Lacks room for expansion

New

Existing

Page 11: The Port of Memphis  The Importance of Inland Ports

Presidents Island Tomorrow - Option 2

Project Notes

• $52 Million dollar project• 500 acres for industrial

development• Funding under consideration• Extensive expansion

potential• Design engineering

underway

Page 12: The Port of Memphis  The Importance of Inland Ports

Presidents Island Vision

Project Notes

• 1,500 acres of new industrial space

• Site 90% owned by City and County

• 3 miles of new harbor capacity

Page 13: The Port of Memphis  The Importance of Inland Ports

Who’s Involved• US Department of Commerce • State of Tennessee• City of Memphis• Shelby County• Memphis and Shelby County

Port Commission• Economic Development

Growth Engine (EDGE)• Cargill Inc.• CN Railroad

Page 14: The Port of Memphis  The Importance of Inland Ports

Short-term Economic Impact• Next 3-5 years:o Construction jobs = 600

(direct), 256 (indirect)

o Increased rail capacity = 224 unit trains per year

o 50% growth in rail traffic to Presidents Island

Page 16: The Port of Memphis  The Importance of Inland Ports

Questions?

Contact: Randy RichardsonEDGE - Vice President

Port Commission - Executive Director

[email protected]