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!

With New Intermodal Container Ramp, ADM Opens Doors To Economic Growth In Central Ill.

Archer Daniels Midland Company (NYSE: ADM) yesterday opened an intermodal container freight shipping and receiving facility that will enable businesses to tap into the company’s deep transportation and logistics expertise and provide a platform for economic growth in central Illinois.

The intermodal ramp, located on 250 acres of land at ADM’s Decatur processing complex, offers direct access to three Class I railroads and close proximity to four interstate highways and a major U.S. highway. For importers and exporters, this unique interchange offers ready access to coastal and export markets. And for all customers, the location provides proximity to 95 million customers within a day’s drive. The facility itself has two high-capacity cranes that can handle 50,000 containers per year, with room to grow to 150,000.

Intermodal containers can be loaded with virtually any type of product and are transported by truck, railcar and ship. Their flexibility and standard size have made them popular worldwide; there are an estimated 17 million intermodal containers in the world today, and the American Association of Railroads reports that between 2010 and 2012, U.S. intermodal container freight volumes increased nearly 10 percent.

“ADM’s new intermodal facility will offer businesses of every type the ability to access markets anywhere, at any time, and do so quickly and cost-effectively,” said Scott Fredericksen, president, ADM Transportation. “Our deep logistics experience, vast global transportation network and commitment to outstanding service can offer businesses in and around Central Illinois an unprecedented level of access and reach.”

“ADM is one of the key reasons Illinois is the largest exporting state in the Midwest, and this new facility will help even more businesses get their goods to domestic and foreign markets more easily and cost effectively,” Illinois Governor Pat Quinn said. “Expanding markets for Illinois products creates jobs here at home and drives our economy forward.”

1 of 2

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!
DOW 17,051.73 -48.45 -0.28%
S&P 500 1,973.63 -4.59 -0.23%
NASDAQ 4,424.7040 -7.4420 -0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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