Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

TCI Tank Logistics Expands Port of New Orleans, Louisiana, Transloading Operations

09/11/2024
Full-service logistics provider TCI Tank Logistics, a full-service logistics provider plans to expand its intermodal operations at the Port of New Orleans, Louisiana. The $2 million project is expected to create 40 jobs over the next ten years in Orleans Parish.

The investment will include the addition of 1,200 linear feet of new rail at the company’s existing facility on 4001 France Road that will tie into the New Orleans Public Belt and service customers. The expansion is scheduled for completion in April 2025.

“TCI Tank Logistics is proud to announce our next expansion in Louisiana,” TCI Tank Logistics Founder and Owner Jack C. Jensen, Jr. said. “This strategic growth aligns with our commitment to innovation and growth, and we are excited about the new opportunities it presents. TCI Tank Logistics’ investment is a result of a strong business climate, unmatched port and rail infrastructure, and the support of our public partners, such as LED, the Port of New Orleans and the New Orleans Public Belt.”

To support the project Louisiana Economic Development (LED) offered TCI Tank Logistics an incentives package that includes a $200,000 reimbursable grant from the Economic Development Award Program for infrastructure needs, subject to approval by the Louisiana Economic Development Corporation board. The company is also expected to participate in the Enterprise Zone program.

“Six deep draft ports, six Class 1 railroads, seven primary airports and six interstate highways – there is no better place than Louisiana for transportation and logistics companies looking to expand their business,” LED Secretary Susan B. Bourgeois noted. “TCI Tank Logistics has seen firsthand the competitive business advantages of Louisiana’s infrastructure, and I thank them for their reinvestment in Louisiana that will benefit industry across the state and supply chains worldwide.”

TCI Tank Logistics specializes in the transportation of bulk liquids for a wide range of industries such as energy, consumer products and agriculture. Services include inventory systems, tank and railcar heating and transloading.

“It is encouraging to see TCI Tank Logistics’ expansion and commitment to enhancing our local intermodal infrastructure,” President and CEO of Greater New Orleans, Inc. Michael Hecht added. “The addition of this new rail line which connects to the NOLA Public Belt and Port NOLA underscores the vital role that international trade plays in our regional economy. This investment will not only strengthen our workforce but also bolster our competitiveness as a global trade hub, highlighting the powerful partnerships that drive growth in southeast Louisiana.”

Exclusive Research