Tuesday, June 14, 2011
MUST READ!!! GROUNDBREAKING EXPOSÉ UNCOVERS BIG MONEY STL AIR CARGO FACILITY "FLEECING" AND A SECOND-CLASS KANSAS CITY CONNECTION!!!
Mike Webber has a great understanding of the Air Cargo biz and his recent reporting on the $400 million STL facility described as an "Aerotropolis Too Far," is simply a MUST READ!!!
Just like most development schemes . . . The economic promises and utility of this project are suspect.
But even more importantly for this town, his reporting and analysis reveals. . .
WHILE IT MIGHT BE A BOONDOGGLE, KANSAS CITY WAS COMPLETELY OVERLOOKED IN THIS IMPENDING MISSOURI AIR-CARGO FACILITY HOT MESS!!!
Webber's explanation is better:
"Given that Kansas City International Airport is roughly equivalent to St. Louis in cargo volumes (having led St. Louis until 2009), is further from Chicago in terms of offering a discrete alternative and has always been perceived by the air cargo industry as much more cargo-friendly, folks in the western half of the state should be infuriated at statewide tax dollars being directed at St. Louis . . . Not that Kansas City should be given another $400 million but rather this idea is a non-starter on both sides of the state."
Kansas City coming in second to STL is nothing new around here and part of the status quo in this town . . . Nevertheless, the article has been edited and published in a New York-based freight publication and according to Webber the report has not gained any interest from the KC Star or KC Business Journal.
Local politicos overlook this kind of IMPORTANT INVESTIGATIVE JOURNALISM at their own peril, and it's troubling that $400 million of taxpayer cash to support a competitor across the state doesn't arouse any concern from either our local legislators or local business media.