Ray-Mont Logistics’ footprint in the North Harbor is about to grow, thanks to a new lease with the Northwest Seaport Alliance.
NWSA managing members on Oct. 4 adopted a lease with one of the biggest containerized transloading terminal operators in Canada for Terminal 10, a 13.19-acre property on the west portion of Harbor Island in Seattle. About 8.1 acres of the site will be used for a containerized transloading facility for mainly agricultural products.
Ray-Mont Logistics specializes in the exports of agricultural goods, resins, forest products and other emerging commodities, according to NWSA.
“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,” Ray-Mont Logistics President and CEO Charles Raymond said. “Terminal 10 provides distinct assets that will enable Ray-Mont to expand our footprint in the United States and bring our innovative IT systems and supply chain solutions to Seattle.”
The deal was nearly two years in the making for the Seaport Alliance, which began looking into new options for Terminal 10 in November 2020. The NWSA said that it wanted a business that would maximize the railyard at the facility and support cargo movement in the region.
“Ray-Mont’s proposed use of Terminal 10 represents an opportunity to optimize its rail capacity and proximity to Terminals 18 and 5 to expand export transloading and increase economic activity in our gateway,” NWSA Co-Chair Ryan Calkins said.
Currently, Terminal 10 is being used to store truck, chassis and single containers. While the company prepares the site, Ray-Mont is expected to initially offer subleases to trucking firm tenants for parking, the alliance said.