AI's Impact on Logistics: Separating Hype from Reality
Artificial intelligence (AI) holds the potential to reshape the very foundation of how logistics operations are conducted. But amidst the
NextDecade Corp pushes forward with its massive LNG export terminal project at the Port of Brownsville, aiming to transform South Texas's trade dynamics.
Energy producer NextDecade Corp. has announced the advancement of its $18.4 billion liquefied natural gas (LNG) export terminal project at the Port of Brownsville, Texas. The terminal, Rio Grande LNG, is set to be one of the largest LNG exporters worldwide, designed to process 5.4 million metric tons of LNG per annum per compressor unit. The first phase will utilize three units, financed by nearly $6 billion from international partners including TotalEnergies and Global Infrastructure Partners.
Although an exact completion date was not disclosed, the project aims to transform South Texas's trade dynamics and supply the world with reliable, lower-carbon intensive LNG.
Source: FreightWaves
Keep up with the freight broker world in 5 minutes. The fastest & most entertaining way to digest freight broker news.