The Northwest Seaport Alliance Managing Members have adopted a lease for Terminal 10 in Seattle with Ray-Mont Logistics Lease to support agricultural trade.
Terminal 10 is a 13.19-acre site on the west side of Harbor Island in Seattle, of which 8.1 acres will be utilised as a containerised transloading facility for agricultural products.
Back in 2020, the NWSA initially explored new uses for Terminal 10 that optimised the railyard at the facility and supported cargo movement.
After issuing a request for proposal (RFP), Ray-Mont Logistics was selected as the prime partner to fully utilise the assets of the Terminal and grow maritime industrial business.
“Our goal at the NWSA is to ensure that our assets provide jobs and business activity for our region,” said NWSA Co-Chair, Ryan Calkins.
“Ray-Mont’s proposed use of Terminal 10 represents an opportunity to optimise its rail capacity and proximity to Terminals 18 and 5 to expand export transloading and increase economic activity in our gateway.”
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Ray-Mont Logistics is one of the largest freight forwarders of export marine containers in Canada. This lease will increase its footprint in the North Harbor, according to the companies’ latest statement.
These two adjacent properties will allow Ray-Mont to significantly expand the harbour’s trans-loading capabilities while utilising the on-dock rail asset.
“Ray-Mont Logistics is glad to partner with The Northwest Seaport Alliance to transform Terminal 10 into a key agricultural export transloading terminal that enables smaller shippers to access a variety of international markets,” added Charles Raymond, President & CEO of Ray-Mont Logistics.
“Terminal 10 provides distinct assets that will enable Ray-Mont to expand our footprint in the US and bring our innovative IT systems and supply chain solutions to Seattle.”
Terminal 10 is currently in use for truck, chassis, and single container storage. At the beginning of the lease, Ray-Mont said it will be offering subleases to current trucking company tenants to support continued parking opportunities while Ray-Mont prepares the Terminal for future uses.
Some TEU volumes showed improvements compared to July figures, with laden imports up 15 per cent and laden exports up 19 per cent.
