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Moneymen weave new port-rail vision – May 27, 2008
Author: Bit
Date: 05-28-2008 - 10:55
Another article on Goldman Sachs
Goldman Sachs represents almost every other port on the West Coast, Holt said. “We’re involved in every possible space in this sector.” He predicted the rail restoral and port development could reach the minimum needed for service within three-to-four years from the time investments were made.
Wilson expressed skepticism. “NCRA said that their environmental review would take five years alone.”
“Then it wouldn’t even be funded until an environmental review was done,” Holt said, but added that other parts of the equation could be figured out simultaneously.
As far as number of containers shipped, Holt said he didn’t think it “unfeasible” to reach the industry standard of a half-million within several years. “It’s a viable phase,” he said
Goldman Sachs represents almost every other port on the West Coast, Holt said. “We’re involved in every possible space in this sector.” He predicted the rail restoral and port development could reach the minimum needed for service within three-to-four years from the time investments were made.
Wilson expressed skepticism. “NCRA said that their environmental review would take five years alone.”
“Then it wouldn’t even be funded until an environmental review was done,” Holt said, but added that other parts of the equation could be figured out simultaneously.
As far as number of containers shipped, Holt said he didn’t think it “unfeasible” to reach the industry standard of a half-million within several years. “It’s a viable phase,” he said
