The Governing Board of the Alameda Corridor Transportation Authority (ACTA) has appointed Kevin Scott as the new Chief Financial Officer.
Alameda Corridor Transportation Authority
There are reports that the Alameda Corridor, the heavily used, 20-mile-long, grade-separated railroad intermodal corridor connecting the Port of Los Angeles and Port of Long Beach with the BNSF and Union Pacific main lines, has been seeing year-over-year maritime container volume drops, with a resulting decrease in rail traffic. The Alameda Corridor Transportation Authority (ACTA) oversees the corridor, which was built through a public/private partnership (PPP) and opened in 2002. One outlook is that perhaps “if current trends continue, ACTA will experience significant cash flow deficits beginning in 2024 … growing in size out toward 2038.”