(Source: Commercial Appeal, January 13, 2012)
MEMPHIS, Tenn. — The Memphis-Shelby County Port Commission voted unanimously to grant Canadian national a 10-year option to buy up to 800 acres in Frank C. Pidgeon Industrial Park in southwest Memphis.The logistics park would complement the Montreal-based railroad’s Memphis Intermodal Gateway, where containerized freight carried by CN and CSX trains is transferred to or from trucks. Economic development officials have estimated the logistics park could potentially support a $300 million development employing 5,000 people.
Full story: Commercial Appeal