Economic Development Futures Journal

Tuesday, October 11, 2005

counter statistics

Indy Lands International Logistics Project

A new Indianapolis logistics firm is developing ties to a Mexican port to try to steal business away from the clogged port of Long Beach, Calif., as well as from Chicago, the inland jumping-off point for much of the cargo.

Transpoint LLC, a startup that received $2.3 million in government incentives in August, was represented Monday as Mayor Bart Peterson hosted a delegation of Mexican businessmen and government officials from the port city of Lazaro Cardenas.

Several studies have shown the airport, railroads and interstate highways converging in Indianapolis make the area a good place for transportation, distribution and logistics activity.

Eventually the project will create 250 jobs in the Indy area.

Read more here.

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