Target Markets

Coverage where the freight actually moves.

TRX IOS targets U.S. markets with large transportation infrastructure: ports, intermodal rail hubs, international land ports, and major air cargo operations.

Markets
27
Regions
5
Nationwide reach
U.S.
Headquarters
Boise, ID

·27 Markets, 5 Regions

5 markets East Coast Ports & Inland Gateways
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Baltimore

MD

Top U.S. port for autos, roll-on roll-off, and construction machinery. Howard Street Tunnel expansion enables double-stack rail for the first time. Tradepoint Atlantic has delivered 15M+ SF of modern logistics space. MPA has invested $1B+ in modernization.

Boston

MA

Largest metro economy in New England and one of the most land-constrained industrial markets in the country. Conley Terminal provides direct container service and Logan anchors the region’s air cargo. Years of industrial-to-lab-and-residential conversion keep shrinking yard supply around the urban core.

Newark

NJ

Epicenter of East Coast logistics. Port of NY/NJ is the busiest East Coast port (~9.5M TEUs). Industrial rents $14–$18+/SF NNN; IOS land trades at $1–3M+/acre. Over 3,000 drayage trucks operate in the port market. Arguably the most compelling IOS market in the country.

Norfolk/Richmond

VA

Third-largest East Coast container port (~3.7M TEUs) with the deepest channels on the East Coast at 55 feet. Norfolk Southern's Heartland Corridor provides direct double-stack service to Columbus and Chicago. Richmond's I-95/I-64 junction extends the market inland. Port has committed $1.4B+ through Vision 2065.

Savannah

GA

Largest single-terminal container facility in North America (~5.8–6.0M TEUs). Mason Mega Rail doubled on-dock rail capacity to 2M lifts/year, the largest near-dock rail facility on the continent. Hyundai's $7.6B EV plant is adding logistics demand. CBRE ranks Savannah among the top markets for both rent premium and momentum.

6 markets Gulf Coast & Cross-Border
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Houston

TX

#1 U.S. port by tonnage, 4M+ TEUs. Project 11 channel deepening to 51.5 feet underway. Industrial market of ~625M SF with significant petrochemical-driven flatbed, tanker, and specialized trucking demand. IOS land particularly scarce in core industrial areas.

I-4 Corridor

FL

The Lakeland–Plant City stretch between Tampa and Orlando, on Florida's primary east–west trucking route. Publix is headquartered in Lakeland, and grocery, e-commerce, and building-products distribution has clustered along the corridor, which serves both metros from a single position.

Miami

FL

Primary U.S. gateway to Latin America. PortMiami plus Port Everglades provide dual-port access with 2M+ combined TEUs. MIA handles ~80% of U.S./Latin America air freight. Industrial vacancy 2–3% with $13–15+/SF NNN rents. Severe supply constraints make IOS exceptionally scarce.

Orlando

FL

One of the fastest-growing large metros in the U.S., with consumption-driven freight demand from a visitor economy of 70M+ annually. MCO anchors a growing air-cargo submarket at the center of the I-4 corridor, and industrial land near the core is tightly zoned.

San Diego/Chula Vista

CA

Otay Mesa is the busiest commercial land port in California ($50B+ in border trade). Tijuana's 300,000+ maquiladora workforce drives constant northbound flow. Industrial vacancy 3.5–5.5% with Otay Mesa below 3%. New Otay Mesa East POE under development.

Tampa

FL

Largest Florida port by tonnage. I-4 corridor to Orlando is one of the hottest industrial corridors in the Southeast. Industrial vacancy 4–6%; Tampa Bay metro of 3.2M+ is among the fastest-growing in the country.

5 markets Major Inland Logistics Hubs
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Atlanta

GA

#1 inland logistics hub in the U.S. and largest Southeast distribution market. Primary inland distribution point for Savannah and Charleston ports. 60M+ SF of warehouse space along I-75/85/20. Every major national LTL and TL carrier maintains a terminal here.

Dallas (DFW)

TX

#1 or #2 nationally for industrial absorption most years since 2019. UP Dallas and BNSF Alliance intermodal facilities handle millions of lifts. IOS vacancy below 3%. DFW is short approximately 3,000 dedicated truck-parking spaces, the nation's #2 trucking market.

Chicago

IL

#1 intermodal hub in North America, handling ~25% of all U.S. intermodal traffic. Six Class I railroads converge here. CenterPoint Intermodal Center in Joliet/Elwood is one of the largest master-planned inland ports in the U.S. Massive drayage volume drives IOS demand throughout the I-80 corridor.

Memphis

TN

Ultimate multimodal hub. #1 cargo airport in North America (FedEx World Hub). Five Class I railroads, more than any other North American city. #4 inland port on the Mississippi. Tennessee tax environment. FedEx ecosystem alone drives enormous IOS demand.

Nashville

TN

Convergence of I-24, I-40, and I-65, within a day's drive of most of the eastern U.S. population. CSX's Radnor Yard is one of the railroad's principal classification facilities. Tennessee's tax environment and one of the nation's fastest-growing metros keep pulling carriers and distributors in.

2 markets Mid-Atlantic & Southeast Corridors
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Carolinas

NC/SC

Two of the fastest-growing states in the country, tied to the Southeast and Mid-Atlantic by I-85, I-77, and I-95. Reshored manufacturing — batteries, pharmaceuticals, semiconductors — is layering industrial freight demand onto already strong population growth.

Lehigh Valley / Central PA

PA

One of the fastest-growing eastern logistics corridors. 80 miles from the Port of NY/NJ; within one day of ~40% of U.S. population. NS intermodal in Bethlehem; 40M+ SF of warehouse delivered 2015–2024, with the I-81 distribution belt around Harrisburg extending the same reach west. Industrial NNN rents roughly doubled since 2018.

9 markets Western U.S. Ports & Inland Hubs
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Denver

CO

Primary inland logistics hub for the Rocky Mountain region. BNSF Logistics Park Colorado and UP intermodal in Commerce City. DIA is the #3 busiest U.S. airport. 30–40M SF added 2020–2025; NNN rents up 40–50% since 2019.

Inland Empire

CA

Primary inland distribution for LA/Long Beach, the largest port complex in the Western Hemisphere (~9.9M TEUs, ~40% of U.S. containerized imports). 600M+ SF industrial inventory. Identified by FHWA Jason's Law as one of the most underserved truck parking areas nationally.

Kent (Seattle-Tacoma)

WA

Northwest Seaport Alliance is the #4 North American container gateway (~3.5–4M TEUs). Kent Valley is the largest contiguous industrial district in the PNW (~75–80M SF) and essentially built out, giving operators of existing yard parcels a structural advantage.

Phoenix

AZ

~350 miles from LA/Long Beach; primary overflow distribution point. Knight-Swift HQ. 350M+ SF industrial inventory. TSMC's $40B+ fab under construction. CBRE ranks Phoenix among the highest-momentum IOS markets in the country.

Boise

ID

Strategic I-84 position connecting Portland and Seattle ports to the interior West. Micron's $15B CHIPS Act–backed fab expansion will drive ~17,000 direct and construction jobs. Industrial vacancy 2–4% historically; one of the most compelling emerging IOS markets in the West.

Las Vegas

NV

~270 miles from LA/Long Beach, among the closest major metros to the busiest U.S. port. I-15 is one of the heaviest western freight corridors. Nevada tax environment. 40M+ annual visitors drive hospitality logistics demand.

Reno/Sparks

NV

Anchored by Tahoe Reno Industrial Center, the largest industrial park in the Western Hemisphere (~107,000 acres). Within one day of 50M+ consumers across seven western states. Tesla Gigafactory, Walmart, PetSmart, and Switch are on-site. Nevada's no-income-tax advantage over California.

Salt Lake City

UT

"Crossroads of the West" at I-15/I-80. Utah Inland Port (~16,000 acres) is one of the largest inland port projects in the U.S. 200M+ SF industrial inventory. Utah GDP growth consistently outpaces national average.

San Antonio

TX

I-35/I-10 crossroads and a natural staging point for cross-border freight moving north from the Rio Grande. Toyota plant drives supplier logistics; H-E-B regional distribution. IOS land more available and affordable than DFW or Houston.

·All 27 Markets

East Coast Ports & Inland Gateways

  • Baltimore MD
  • Boston MA
  • Newark NJ
  • Norfolk/Richmond VA
  • Savannah GA

Gulf Coast & Cross-Border

  • Houston TX
  • I-4 Corridor FL
  • Miami FL
  • Orlando FL
  • San Diego/Chula Vista CA
  • Tampa FL

Major Inland Logistics Hubs

  • Atlanta GA
  • Dallas (DFW) TX
  • Chicago IL
  • Memphis TN
  • Nashville TN

Mid-Atlantic & Southeast Corridors

  • Carolinas NC/SC
  • Lehigh Valley / Central PA PA

Western U.S. Ports & Inland Hubs

  • Denver CO
  • Inland Empire CA
  • Kent (Seattle-Tacoma) WA
  • Phoenix AZ
  • Boise ID
  • Las Vegas NV
  • Reno/Sparks NV
  • Salt Lake City UT
  • San Antonio TX