This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Port Of Quincy Intermodal Terminal & Cold Train Highlighted In New Washington Apple Industry Economic Impact Study





WENATCHEE, Wash., Nov. 13, 2012 /PRNewswire/ -- The Washington Apple Commission has recently released an economic impact study on the effect that the state's apple industry has on the state and region. According to the study, Washington's apple industry is a major contributor of income, employment and tax revenues to the state's economy. For example, the apple industry boosted the Washington economy by an estimated $7.02 billion in direct, indirect and induced economic activity in 2010-2011.

One of the notable aspects of the study is regarding freight mobility and transportation, and discusses "The apple industry's need for an efficient transportation system..." and that "Apple packers have operations at some public port facilities which help generate port revenue and support the critical mass of business activity that ports need to prosper."

The study highlights the Port of Quincy as a key freight mobility location at which several apple packers operate facilities. In particular, the study states that "The Port of Quincy operates an intermodal terminal that ships apples and other refrigerated and frozen products to the Midwest with the ' Cold Train ' service. This service started in 2010 and features specially designed containers that can be trans-loaded from trucks to rail and back to trucks for efficient transport and delivery. The shipping volume is expanding rapidly and rail deliveries are being extended to eastern U.S. markets. Service is provided six days per week. About 70 percent of the east bound cargo is fresh Washington apples, with remainder being other fresh and processed fruits and vegetables."

Stated Curt Morris, Chair of the Port of Quincy, "We are very pleased that the Port of Quincy Intermodal Terminal has become an important shipping and distribution hub for Washington State apples, and that the Cold Train is being recognized as an important freight mobility option to ship Washington State apples to the Midwest and East Coast."

For more information, contact Curt Morris at businessdevelopment@portofquincy.org or 509-214-7696 or Pat Boss at publicaffairs@portofquincy.org or 509-214-7696.

About the Port of Quincy

Located in the center of Washington State, the Port of Quincy is ranked as one of the top low-cost rural locations in the United States for business and economic development with a full array of infrastructure including an abundant supply of irrigation water and low-cost hydropower electricity, a key cross-country rail mainline (from Seattle to Chicago), a modern rail intermodal terminal, a major interstate freeway (I-90), a new and larger capacity water treatment system, an ample supply of natural gas, high-capacity bandwidth dark fiber, a skilled workforce, approved foreign trade zone status, relatively inexpensive industrial and commercial properties, nearby commercial air service, and a central location in the heart of Washington State's most productive irrigated agricultural region. The Port of Quincy has premier sites for food processing and food manufacturing companies, fresh produce packing companies, warehousing and distribution companies, high-tech companies and data centers, etc. At the Port of Quincy, major fresh produce and food processing companies such as ConAgra Foods, National Frozen Foods, NORPAC, Amway-Nutrilite, Oneonta, Stemilt, CMI, Double Diamond, Jones Produce, Columbia Colstor, etc. find themselves next to technology companies like Yahoo!, Dell, Chinasoft, Intuit, Microsoft, Sabey and Vantage.

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Port of Quincy

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,924.96 +120.16 0.67%
S&P 500 2,074.51 +3.86 0.19%
NASDAQ 4,774.3040 +8.9240 0.19%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs