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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

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To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. In addition, Brunswick County is one of the localities that receive economic development support from the Tobacco Region Revitalization Commission. Overall rail traffic was up 4.5

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. It is anticipated that the Draft EIR will be brought before the Planning Commission for certification in March 2013.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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Major maritime shipping hubs including Los Angeles/Long Beach, Seattle/Tacoma and Oakland are ready to service the huge post-Panamax containers. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.

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