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January 23, 2012

Saginaw Bay Area Contemplates Establishing a Port Authority

Community leaders in the Saginaw Bay area are contemplating establishing a Port Authority that would manage air, rail, and commercial shipping in the area and serve as a stimulus for local economic development. The only official Port Authority in the state is the Detroit/Wayne County Port Authority. The Port of Detroit is an international deep-water port that operates one of the largest Foreign Trade Zones in the country. It is hoped that the Port Authority structure could facilitate building similar economic development engines elsewhere in the state. A Port Authority could coordinate multiple modes of transportation, improving the efficiency and cost-effectiveness of moving commercial traffic through the region.

 

 

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