Posts Tagged ‘auctions’

Sale of W.Va. Intermodal Terminal Launched

March 13, 2020

The expected sale of an underused West Virginia intermodal facility has begun.

The Heartland Intermodal Gateway terminal at Pritchard is being auctioned by the West Virginia Port Authority.

The facility opened in 2015 on 76 acres donated by Norfolk Southern but failed to generate enough business to entice NS to continuing serving it.

West Virginia officials had hoped that the $32 million terminal would duplicate the success of similar facilities in Front Royal, Virginia, and Greer, South Carolina.

Instead the Heartland terminal lost a half million dollars a year.

The sale is being done through sealed bids through April 2. There is no set minimum bid.

The facility is expected to appeal to a limited number of potential buyers with experience operating an intermodal or railroad facility.

The site’s equipment will be sold separately.