KEY TAKEAWAYS: Louisiana International Terminal Holdings LLC formed by Ports America and TiL. Terminal aims to handle largest Gulf of Mexico vessels and expand exports. Project expected to generate $33.3M annual tax revenue and 4,339 local jobs. Joint venture ensures unified management for dev elopment and operations with Port NOLA.   Louisiana International Terminal Holdings LLC, a new joint venture between Ports America and Terminal Investment Limited (TiL), has been formally incorporated to manage operations of the upcoming Louisiana International Terminal (LIT) in St. Bernard Parish. The announcement was made in coordination with the Port of New Orleans (Port NOLA). The Louisiana International Terminal is a next-generation container facility designed to accommodate the largest vessels calling the Gulf of Mexico. The project aims to enhance cargo capacity, improve supply chain efficiency, and expand market access for U.S. exporters. Beth Branch, president and CEO of Port NOLA, described the project as a “defining moment for the future of Louisiana’s role in international commerce.” She emphasized that the terminal represents a nationally significant investment that will strengthen supply chains, expand export capacity, and maintain the state’s competitiveness in global trade. Louisiana International Terminal Holdings LLC will operate the terminal in coordination with Port NOLA, which is responsible for designing and constructing the facility to meet global standards. The joint venture provides a unified management structure to support both development and future operations. An economic impact study by Greater New Orleans Inc. (GNO Inc.) projects substantial benefits for St. Bernard Parish and the broader region. Once fully operational, the terminal is expected to generate approximately $33.3 million in new annual tax revenue—an increase of roughly 64% over current parish collections. It is also expected to support 4,339 additional local jobs, boosting employment in the parish by about 37%. Beyond the parish, the terminal is anticipated to create thousands of jobs across Louisiana and the U.S., reinforcing its role as a critical piece of national infrastructure. Port NOLA, a multimodal deep-water port located on the Mississippi River near the Gulf of Mexico, provides integrated logistics solutions connecting river, rail, and road. Its network includes 14,500 miles of waterways, six Class I railroads, and interstate roadways, supporting regional economic growth and global trade. An analysis of the Louisiana International Terminal’s economic and fiscal impact is available here. ...read more read less