Lambert airport commission approves cargo facility
The commission gave its support to a 20-year lease with two 10-year extension options with Bi-National Gateway Terminal LLC for 49 acres on the northern part of Lambert St. Louis airport.
May 8, 2015
By Denice Cabel
A newly-launched logistics venture, which will create an international gateway at Lambert St. Louis International Airport, aims to focus on trade between Mexico and the US.
Bi-National Gateway Terminal has taken a 20-year lease on a 49-acre site on the edge of one of the airport’s four runways, where it will construct a major cargo handling facility. On completion, the new terminal will serve multimodal cargo needs and be equipped to handle perishables, live animals, high value shipments, express and general cargo with an initial focus on Mexico and Latin America.
The trade relationship between the US and Mexico is constantly expanding and the aim of the new facility is to provide a solution to the traditional delays and congestion experienced by importers and exporters.
Ricardo Nicolopulos, founder and president of Bi-National Cargo Terminal, said: “Mexico is the third largest trade partner with the USA, and we aim to improve the flow of cargo moving between these two major markets. Ultimately, we intend to provide a link between the Americas and all major world markets.
“In addition to developing the new terminal facilities, we are working closely with the Mexican authorities to introduce fast–track pre-clearance and security functions for exports from the USA.