The Port of Albany was seeking to improve its business strategy and operations, to strengthen its role as an inland container terminal, bulk terminal, and industrial node in the Northeast region of the United States. For such proposes, Nathan assisted the Port of Albany to undertake a Market Assessment and Development Strategy to help the port achieve its goals.
Nathan’s role in the project included review of data for regional port cargo, shipping, and transportation statistics, and industrial market trends. The team interviewed stakeholders such as the terminal operator, carriers, port authority, prospective shippers, and industrial representatives to identify strengths, weaknesses, opportunities, and threats to the port’s strategy.
Nathan carried out a demand forecast under varying scenarios for specific high-potential commodities based on historic cargo volume data and made recommendations for the growth strategy in terms of service offerings and industrial uses for adjacent land.