~BOM director sketches port potential, roadblocks to Port Authority~

Published: Wednesday, November 21, 2012 at 10:02 AM.

Holt’s team is close to a deal to sell or lease the Port of Wilmington (Delaware) that it has been working on for two years and had recently completed a deal to run rail line through to the Port of Los Angeles, a $2 billion venture, that took some six years.

“This is probably not going to happen overnight,” Holt said. “We have a sense of what can work and can’t work. I am not a stranger to long lead times and patience.”  

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