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Alameda Corridor Transportation Authority
ACTA provides an effective & reliable rail corridor linking the two largest U.S. Ports to the transcontinental railroad. | The Alameda Corridor was...
Alameda Corridor Transportation Authority
ACTA provides an effective & reliable rail corridor linking the two largest U.S. Ports to the transcontinental railroad. | The Alameda Corridor was financed, built, and is operated by the Alameda Corridor Transportation Authority (ACTA). The project is a series of bridges, underpasses, overpasses and street improvements that separate freight trains from street traffic and passenger trains, facilitating a more efficient transportation network. The project’s centerpiece is the Mid-Corridor Trench, which carries freight trains in an open trench that is 10 miles long, 33 feet deep and 50 feet wide between State Route 91 in Carson and 25th Street in Los Angeles.
General information
Firm type
Pension Fund
Year founded
1981
Location
Region
North America
Country
United States
City
Long Beach
Corporate office
Long Beach, CA, United States
Principals
Michael Leue
Chief Executive Officer
Graham Christie
Chief Operating Officer
Gene Seroka
Board Member (Port of Los Angeles representative)
Sector focus
Frequently asked questions
Who runs the Alameda Corridor Transportation Authority?
Michael Leue serves as CEO and Graham Christie as COO, per public filings. The Governing Board includes representatives from the cities of Los Angeles and Long Beach, the two ports, and L.A. Metro. Gene Seroka, Executive Director of the Port of Los Angeles, serves as a Board member representing the port.
What exactly does ACTA own and operate?
ACTA owns the Alameda Corridor, a 20-mile freight rail expressway connecting the Ports of Los Angeles and Long Beach to transcontinental rail yards near downtown Los Angeles. The centerpiece is the Mid-Corridor Trench, a 10-mile below-grade rail cut that eliminated 200 at-grade crossings. The authority also manages supporting rail infrastructure, signals, and ancillary real estate along the right-of-way.
How does ACTA generate revenue?
ACTA collects per-container fees from the two operating railroads, Union Pacific and BNSF Railway, for each loaded container that moves through the corridor. Additional revenue comes from trackage-rights charges. The original $2.4 billion construction cost was funded through revenue bonds backed by these fees, with the Ports of Los Angeles and Long Beach providing backup debt-service coverage through their net operating revenue.
How is ACTA governed and who are its key stakeholders?
The Governing Board includes representatives from the founding cities of Los Angeles and Long Beach, the Port of Los Angeles, the Port of Long Beach, the Los Angeles County Metropolitan Transportation Authority, and public appointees. This structure embeds both the freight users (the railroads, via their fee agreements) and the affected municipalities into day-to-day oversight.
Is ACTA considered a pension fund or traditional investment entity?
No. Despite being categorized as a pension fund in some databases, ACTA is a Joint Powers Authority and municipal-asset owner. It does not manage investment portfolios, allocate to fund commitments, or hold securities. Its entire balance sheet is a single infrastructure asset managed for throughput, not investment return.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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