134 | Business World Magazine |
June 2013
for the shipping of cargo along the Gulf In-
tracoastal Waterway, but also enables ship-
ping by rail. Someday the Port hopes to have
companies such as Caterpillar shipping con-
tainers directly to Victoria by barge.
Trucks can only carry so much over the
road, whereas barge containers can accom-
modate a larger load. In this case, goods
could, say, arrive in Houston and be de-
livered by barge to the Port of Victoria for
less than what it would cost to ship over the
road. The EDC helped push for legislative
allowance for the port to have heavy permit-
ting, which allows for the shipping of goods
without having to make changes to roads or
jump time-consuming regulatory hurdles to
get good from Point A to Point B. The EDC
also helped secure Free Port Tax Exemption,
a benefit that allows companies to have a tax
break on inventory which comes in and then
Caterpillar Groundbreaking
Port of Victoria at Night
