Albuquerque Metro to Become Nation's Next Major Global Logistics Hub
March 22, 2016
Albuquerque, NM— Today, Albuquerque Mayor Richard J. Berry along with public and private leaders from throughout the four-county Albuquerque MSA, announced the Metro’s intention to become the nation’s next major global transportation and logistics hubs. The announcement was made during a press conference organized by the City of Albuquerque and the Mid-Region Council of Governments (MRCOG) to introduce the consultants that were selected to implement the feasibility study for the initiative. The study, slated to be completed in six months, will be used by the Metro as a roadmap to strengthen and leverage the region’s policies, incentives and world-class infrastructure to become a significant transportation, warehousing, and value-added manufacturing hub.
“This regional initiative will become the single most impactful diversifier of our economy in the Metro’s history,” said Mayor Berry. “There’s not a city in the world that could pay for the assets that we currently have. We plan to leverage key trends in global logistics, along with our unique location alongside billions of dollars’ worth of road, rail, and air infrastructure, to grow local industry and to recruit manufacturers from all around the world.”
The feasibility study is being funded by the City of Albuquerque, Bernalillo County, Torrance County, Sandoval County, Valencia County, Burlington Northern Santa Fe Railroad (BNSF), and the McCune Foundation. Results from the study will identify gaps and targeted investment opportunities that will be strategically addressed to attract more private development of international trade related manufacturing and logistics. One key consideration the study addresses is Albuquerque’s location being equidistant between the ports of Los Angeles and Houston along the BNSF Transcontinental Line - one of the nation’s most important rail freight routes connecting East and West Coast deep-sea ports with the Chicago area.
“Albuquerque is not only well-positioned from a national perspective”, say Dewey Cave, Executive Director of the Mid-Region Council of Governments. “We must also consider that we sit at the intersection of two of the nation’s longest interstates, connecting Mexico to Canada and the East Coast to the West Coast, all just a four-hour drive from New Mexico’s rapidly growing commercial port-of-entry with Mexico. The possibilities are endless.”
After a competitive bid process that began in September of last year, MRCOG selected Cambridge Systematics to complete the feasibility study. Cambridge Systematics, with offices throughout the country, is recognized throughout the world as a leader in the field. The firm specializes in transportation and prides itself on working to pioneer the development and implementation of innovative policy and planning solutions, objective analysis, and technology applications to advance transportation services, now, and for future generations.
“We are pleased to have been selected for this critical feasibility study,” said Brad W. Wright, President and CEO of Cambridge Systematics. “The Albuquerque Metro’s and MRCOG’s clear vision of their essential role in the nation’s movement of goods, and their commitment to the economic vitality of the region, dovetail with our strengths and values and have formed the foundation of a highly productive, collaborative relationship. Over the next weeks, our experts will be in the field throughout the region. We look forward to engaging with key stakeholders and working with them to develop this roadmap.”
“BNSF Railway has a long history of working with the state of New Mexico, and the Albuquerque metro region”, says Steve Curtright, BNSF General Manager of Operations, Southwest Division. “BNSF is proud to partner with the Albuquerque metro region to support the creation of new rail-served industrial development here in New Mexico. We look forward to working together to continue to grow our local economy and promote job creation in the state.”
During the press conference Mayor Berry noted that the metro would not be waiting for the conclusion of the study to begin working on issues and opportunities that can be addressed immediately. He announced that, after receiving City Council approval the prior evening, the City of Albuquerque will be moving forward with an application to the Foreign Trade Zone Board to amend the City’s existing trade zone to allow for Alternative Site Framework. Under the City’s proposed Alternative Site Framework boundary, companies located anywhere in the four county metro plus Socorro, Santa Fe, and Los Alamos Counties will be able to apply to reap the benefits of the foreign trade zone at a fraction of the processing time and cost.
For more information about this initiative, please contract Randy Trask at [email protected]