Release Date: 16 October 2006
Release ID: 1104
BNSF Railway Company (BNSF) today announced that it has reached an agreement with The Allen Group to develop a new Logistics Park near Gardner, Kansas. The Allen Group is one of the leading industrial development companies in the nation and will help BNSF develop what will become the third logistics park on BNSF's network.
"We believe The Allen Group has the development skills and experience to help a new BNSF Logistics Park put the Kansas City region on the international map," said Vann Cunningham, BNSF's assistant vice president of economic development.
BNSF and The Allen Group will now begin working together to develop a 1,000-acre Logistics Park near Gardner. BNSF has already purchased nearly 800 acres of the undeveloped property, and has options to purchase the remaining acreage.
BNSF expects to complete design plans for the intermodal facility in the coming months and has begun the permitting and review process with local, state and federal agencies in order to begin construction in 2007. The intermodal facility is expected to begin operating in late 2008.
A Logistics Park is a freight development concept pioneered by BNSF in which distribution centers and warehouses are developed immediately adjacent to an intermodal hub center. It is considered a leading edge supply chain concept because it helps significantly shorten local truck trips between the intermodal hub center and the distribution facilities.
The first two logistics parks in the country were developed by BNSF in partnership with third-party developers near Fort Worth, Texas, and Chicago and have helped create thousands of new jobs and several billion dollars in economic development.
A subsidiary of Burlington Northern Santa Fe Corporation (NYSE:BNI), BNSF Railway Company operates one of the largest railroad networks in North America, with about 32,000-route-miles in 28 states and two Canadian provinces. The railway is among the world’s top transporters of intermodal traffic, moves more grain than any other North American railroad, transports the components of many of the products we depend on daily, and hauls enough low-sulphur coal to generate about ten percent of the electricity produced in the United States. BNSF Railway is an industry leader in Web-enabling a variety of customer transactions at www.bnsf.com.
© The Adora Group Limited 2017 - Publishers of Freightnet