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Drayage Brokersin Minneapolis, MN

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Because a drayage load can mean a few different things, confusion among carriers is common. Many carriers link drayage with going into a port, but that isn't always true. While all drayage loads typically originate from a port of entry, there are often several legs of a drayage journey before a container turns up at its final stop. Legs of a drayage load may include:

Why Are Drayage Companies in Minneapolis, MN So Important?

You may be thinking, what's so important about drayage? It's such a small step in the container storage transport process. In reality, it's an integral piece needed in the logistics industry and a crucial part of U.S. supply chain management.

To truly understand the importance of drayage, let's use flowers as an example. Most cut flower shipments enter the market from areas in South America until they end up at Dutch auction houses. Once there, wholesalers purchase flowers in bulk and send those products to retail outlets worldwide. Because flowers are perishable, they typically need to be refrigerated and are often shipped in reefer containers. These refrigerated vessels must maintain a certain temp to prevent loss.

Drayage companies like RelyEx allow flower shippers to send their products from Argentinian ports to airports in the Netherlands with peace of mind because their products are protected. The only way to accomplish this feat is with the help of swift, meticulous port drayage services. Drayage companies allow flower shippers to send their products from Argentinian ports to airports in the Netherlands with peace of mind, because their products are protected. The only way to accomplish this feat is with the help of swift, meticulous port drayage services.

If port drayage is compromised, it can cause delays and even fines. You know the packages you get delivered to your front door from apps like Amazon? Without drayage and drayage brokers, one or two-day shipping times wouldn't even be possible.

As a multi-billion-dollar industry in the U.S. alone, it seems like drayage shipping issues shouldn't exist. But the fact is inefficiencies and congestion are still major problems at ports. Whether it's a lack of carriers, absent chassis, or overburdened terminals, delays lead to missed deadlines, lost revenue, and worse.

But anytime challenges exist, so too do innovative solutions.

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RelyEx Solves Problems

At RelyEx, we like to consider ourselves problem solvers. The nature of the container drayage industry presents new challenges every day, but we're firm believers that there's a solution to every hurdle we encounter. And while some drayage businesses implement a reactive approach, RelyEx customers choose us for our proactive mindset. We take pride in solving your company's drayage challenges to help you avoid frustrating fees, missed expectations, and delayed shipments. We strive to make every transaction successful and streamlined by partnering with shippers who prioritize transparent, prompt, and accurate communication.

 Ocean Container Drayage Minneapolis, MN

RelyEx Has a Unique Vantage Point

RelyEx approaches your business from the customer's perspective - a unique approach that helps us provide high-quality, effective drayage services. We've been in the customers' shoes, know their pain points, and because of that, provide first-hand solutions to stressful supply chain issues. With over 30 years of collective knowledge, our team excels in:

  • Inventory Management
  • Logistics
  • Purchasing
  • Finance

Our varied, high-level drayage shipping experience helps us achieve our overarching goal: expertly managing your freight movement needs. That way, you can direct your time and focus on growing the core aspects of your business while we handle the heavy lifting. Throw in proactive planning to avoid bottleneck situations and strong communication for transparent customer relations, and you can see why so many companies trust RelyEx.

 Warehousing Minneapolis, MN

RelyEx Nurtures Strong Carrier Relationships

When it comes to shipping logistics, it only takes one mistake by a mediocre worker to disrupt your business. That's why, at RelyEx, we pride ourselves on forming and nurturing relationships with carriers who match our standards of care. Our founding partner started his career transporting freight for companies as an on-demand carrier. He uses that knowledge to maximize the resources of our carriers so that our customer's expectations aren't just met - they're exceeded.

Based in the port city of Minneapolis, RelyEx has a keen understanding of the challenges of managing the inbound and outbound flow of containers. Our team of container drayage experts provides your business with unique solutions to nuanced shipping problems, minimizing demurrage and ensuring the successful delivery of your freight.

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Customers choose RelyEx because:

  • We are a reliable drayage logistics partner that manages your freight from beginning to end
  • We have a rare industry vantage point with 30+ years of client-side experience
  • We foster and fortify the strongest vendor relations
  • We take a proactive approach to problem-solving, not a reactive approach
Let us know how we can help.
phone-number843-885-3082
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Your Drayage Shipments Managed from Start to Finish

Some drayage brokers don't care how customers feel about their service as long as they sign a contract and get paid. As a solutions-oriented team, RelyEx takes the opposite approach. We're motivated by the opportunity to overachieve for our customers and to provide them with the best logistics experience possible. With professional experience as carriers and shippers ourselves, we know the roadblocks and challenges you're facing. We excel at mapping out the best plans of action to solve those problems. But that's just the start.

Our tracking experts monitor and manage every aspect of your drayage shipment from booking to delivery, 24/7. Once booked, we look for the availability of your containers hourly once they're at port. When they arrive, our team acts quickly to access your storage containers when they're available.

Plus, RelyEx ensures your company's requirements are met by the carrier during loading and delivery and provide necessary documentation as fast as possible. With real-time tracking updates and access to our customer service professionals, your team has complete visibility throughout the shipping process.

We Source Top-Notch Operators at the Best Prices

Over the years, RelyEx has built a strong network of drayage carriers, transloading locations, and container storage spaces to provide you with the best possible options to match your drayage service needs. We know that searching for quality service presents an added layer of complexity and stress to our customers. That's why we work hard to take that off your plate by connecting you with our reliable shipping partners.

With a background moving freight as an on-demand carrier, our founding partner understands how to maximize the resources and equipment of our carriers to match your needs.

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We Make Transparent, Timely Communication a Priority

Like other industries, the global logistics space is complex. Mistakes will be made, and problems will happen. With those truths in mind, RelyEx has built its reputation as problem solvers. Unlike other drayage companies, we don't shy away from this industry's complexities because we take pride in solving problems. Even better, we aim to do what's needed to avoid those problems altogether.

As your logistics partner, we will provide your company with accurate, transparent, and prompt communication. If there are unexpected issues, we'll notify you immediately and will provide several options to remedy the problem. We even offer custom reporting for large clients who need at-the-moment updates and quick access to shipment documentation.

We Have Robust Project Management Experience

Why let the unpredictability of your industry dictate your success? With a background working in manufacturing, our founders are familiar with the demands of managing production schedules and sales orders. That experience makes it abundantly clear to us that every business and industry is different. If you struggle with seasonal surges or other factors, our team supports your business with a mapped-out plan and schedule, so you stay ahead of the game.

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Paperwork Errors

Typically, shippers need four specific documents to clear shipments through customs: A Bill of Lading (or BOL), a commercial invoice, a packing list, and an arrival notice. Seasoned drayage brokers like RelyEx are used to preparing these documents, but new shippers tend to miss this step due to inexperience.

Payment Delays

If a shipper only pays for part of their shipment, a vessel operator may refuse to release their freight until their bill is fully paid. Payment delays lead to cargo detention at the port of entry, which triggers demurrage charges.

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Documents Received Too Late

Paperwork is needed when you're shipping goods with a drayage company. When documents like the Certificate of Origin or Bill of Lading arrive at their destination late, you can expect demurrage fees. RelyEx avoids this situation entirely by being proactive when submitting paperwork.

Additional causes for demurrage fees can include:

  • Damaged Container Storage
  • Custom Released Containers
  • Storage Containers Are Too Heavy

Free Consultation

RelyEx:

The Supply Chain Partner You Can Count On

At RelyEx, we know first-hand how stressful supply chain problems can be for business owners. Though drayage shipping might seem minor on the surface, it affects every stage of your shipping process. And when inevitable hurdles manifest, RelyEx propels you over the proverbial roadblocks with a proactive mindset and a passion for challenging projects. We believe that all problems have a solution, and our unique vantage point allows us to provide first-hand solutions to customers in a wide array of industries.

When it comes to your business, don't settle for anything less than RelyEx. Contact our office today to learn more about how we make your shipping experience streamlined and stress-free.

phone-number843-885-3082

Latest News in Minneapolis, MN

​These MN Industries Hit Hardest In Tit-For-Tat U.S.-China Trade War

China recently raised duties on U.S. goods to 84 percent, and President Donald Trump hit back with a 125 percent tariff on Chinese imports.William Bornhoft, Patch Staff|Updated Fri, Apr 11, 2025 at 1:14 pm CTMINNEAPOLIS, MN — President Donald Trump’s escalating trade war puts about $3.6 billion in exports and 26,530 jobs on the line for Minnesota businesses and industries, according to the ...

China recently raised duties on U.S. goods to 84 percent, and President Donald Trump hit back with a 125 percent tariff on Chinese imports.

William Bornhoft, Patch Staff

|Updated Fri, Apr 11, 2025 at 1:14 pm CT

MINNEAPOLIS, MN — President Donald Trump’s escalating trade war puts about $3.6 billion in exports and 26,530 jobs on the line for Minnesota businesses and industries, according to the U.S.-China Business Council.

Trump pulled back on some tariffs Wednesday, leaving a 10 percent across-the-board tariff in place, but delaying more punitive taxes for 90 days with a lone exception. China increased its duties on U.S. goods to 84 percent in response to the tariffs, and Trump stuck back by raising the duty on imports from China to 125 percent.

The stock market quickly responded to the announcement, with stocks surging to one of their highest gains since World War II.

In 2023, U.S. exports to China amounted to $144.9 billion and supported almost 1 million jobs. The tariffs have divergent effects on states, even within industries. The hardest hit are those that produce soybeans, semiconductors, pharmaceutical preparations, and crude oil, the top U.S. exports to China.

China is Minnesota’s second-largest goods export market, accounting for $3.6 billion in exports in 2023, or 13 percent of the state’s global goods exports.

Find out what's happening in Minneapolisfor free with the latest updates from Patch.

Trade with China supports tens of thousands of Minnesota jobs, particularly through exports of oilseeds, medical instruments, and educational services.

Minnesota’s top 5 goods exported to China in 2023:

Other top exports from Minnesota to China include medical equipment, meat products, resins and synthetic fibers, industrial machinery, and plastic products.

Nationwide

Of the $144.9 billion in exports in 2023, $125 billion was for products grown, produced or manufactured domestically, and the remainder was for foreign goods re-exported to China, according to the U.S.-China Business Council report.

More than 931,000 U.S. jobs are supported by exports to China, outnumbering those supported by the next two Asian markets combined, the report said. Agriculture and livestock exports to China support more U.S. jobs than any other sector by a wide margin.

The report noted that U.S. exports to China dropped by 4.3 percent in 2023 due to stunted economic growth in China, Russia’s war in Ukraine, and strained U.S.-China relationships, as well as long-standing barriers such as tariffs. Soybeans, other oilseeds, and grains fell by $7 billion.

“Challenges in that sector worsen if other producers continue to become more competitive or if these products are targeted in a future tariff spat,” the report said.

Exports of semiconductors have also fallen by several billion dollars, or 52 percent since the peak in 2021. Oregon was among the hardest hit states by the national decline in this category.

The full 2024 report on U.S. exports to China is available online.

Ten Thousand Things 2025-2026 Season - Minneapolis, MN EPA (04.27.25) & (04.28.25)

Ten Thousand ThingsMinneapolis, MNDESCRIPTIONNotice: Audition Call Type: EPAAUDITION DATESunday, April 27, 202510:00 AM - 6:00 PM (C)BREAK: 2:30PM - 3:00PMANDMonday, April 28, 202510:00 AM - 3:00 PM (C)APPOINTMENTSPlease sign up for a 5-minute in-person audition slot here ...

Ten Thousand ThingsMinneapolis, MN

DESCRIPTION

Notice: Audition Call Type: EPA

AUDITION DATE

Sunday, April 27, 2025

10:00 AM - 6:00 PM (C)

BREAK: 2:30PM - 3:00PM

AND

Monday, April 28, 2025

10:00 AM - 3:00 PM (C)

APPOINTMENTS

Please sign up for a 5-minute in-person audition slot here https://calendly.com/caitlin-t...

Audition form to fill out prior to arrival or for a virtual submission. Includes headshot and resume upload: https://docs.google.com/forms/...

CONTRACT

SPT

$789 weekly minimum (SPT 8)

SEEKING

Equity actors for roles in Ten Thousand Things 2025-2026 Season (see breakdown).

We would be delighted for actors of all abilities, disabilities, ethnicities, cultures, and gender identities to audition with particular encouragement to global majority and gender-expansive artists. TTT employs diverse, inclusive, and gender imaginative casting for all roles as culturally appropriate to the telling of the story. The genders of the characters and the genders of the artist do not need to match, though for story-telling, the gender of the characters may need to be explicitly legible to the audience.

PREPARATION

Required: Verse monologue, no more than two minutes. Additional if actor desires: we would be happy to also hear a contemporary monologue and/or short song of your choice, a cappella or self-accompanied, as long as it fits within the five minutes. *No accompanist is on site. A capella singing reflects the minimal instrumentation used under performance conditions.

LOCATION

Bottling House Theater

79 13th Ave NE

Minneapolis, MN 55413-1070

Free parking in the lot west of the building. Studio on 2nd floor; elevator accessible.

PERSONNEL

See breakdown for production-specific personnel.

EXPECTED TO ATTEND:

Caitlin Lowans, Artistic Director, director of Two Gents and Most Happy Fella

Anna Schloerb, Interim Production Manager, Ten Thousand Things

Joy Dolo, director Men on Boats

OTHER DATES

See breakdown for production-specific dates.

OTHER

www.tenthousandthings.org

If you are unable to attend the in-person audition video submissions will be accepted. To submit a virtual submission please fill out the form at the following link: Audition form to fill out prior to arrival or for a virtual submission. Includes headshot and resume upload: https://docs.google.com/forms/...

An Equity Monitor will not be provided. The producer will run all aspects of this audition.

Equity’s contracts prohibit discrimination. Equity is committed to diversity and encourages all its employers to engage in a policy of equal employment opportunity designed to promote a positive model of inclusion. As such, Equity encourages performers of all ethnicities, gender identities, and ages, as well as performers with disabilities, to attend every audition.

Always bring your Equity Membership card to auditions.

BREAKDOWN

TEN THOUSAND THINGS 2025 - 2026 SEASON

TWO GENTLEMEN OF VERONA

by William Shakespeare

First rehearsal, Monday, August 25, 2025

First community performance: Wednesday, September 24, 2025

First public performance: Thursday, October 9, 2025

Closing: Sunday, November 2, 2025

NOTE: This production plays with the ending to achieve a celebration of friendship and the power of admitting when you've changed. Actors with experience in heightened text, physical comedy, rapid and magical switching of characters, and general silliness are encouraged to audition.

SEEKING:

Julia/ Sir Thurio/ Outlaw (F, 20s-40s): strong-willed, adventurous. In love with the idea of love.

Silvia/ Sir Thurio/ Panthino/Outlaw (F, 20s-40s): is her own north star.

Valentine/ Sir Eglamour (M, 20s-40s): Eager to see the world. Changes his mind but admits when he's wrong.

Proteus/Outlaw (M, 20s-40s): Clever, Always tries to get what he wants. Loves his friend but only to a point. Will sing a love song.

Duke/ Lucetta/ Speed/ Launce/ Host/ Outlaw/ Sir Thurio (any gender, any age) Doubles two clowns, two fathers, a maid, a pompous suitor, and others. Ideally a fantastic physical comedian who loves to utilize voice and physicality to create razor-sharply delineated characters.

MEN ON BOATS

by Jacklyn Backhaus

First rehearsal Monday, January 5, 2026

First community performance: Wednesday, February 4, 2026

First public performance: Thursday, February 19, 2026

Closing: Sunday, March 15, 2026

NOTE: While all named characters historically were cis men, the theatre's artistic vision for this production is a re-imagining of MEN ON BOATS that looks to explore and explode ideas of masculinity. Women, non-binary/gender expansive, and Native actors are encouraged to audition for all roles.

SEEKING:

John Wesley Powell – one-armed leader of the expedition

William Dunn – hunter and trapper

John Colton Sumner – former soldier, current explorer

Old Shady – Powell’s older brother, Civil War veteran

Bradley – lieutenant, spilling over with youthful energy

O.G. Howland / Tsauwiat – printer and hunter / a Ute leader

Seneca Howland / The Bishop – O.G.’s quiet little brother / married to Tsauwiat

Frank Goodman / Mr. Asa – British, so excited / a desert settler

Hall – mapmaker, old soul

Hawkins – the cook

MOST HAPPY FELLA

by Frank Loesser (musical)

First Rehearsal, Monday, March 30, 2026

First community performance: Wednesday, April 29, 2026

First public performance: Thursday, May 14, 2026

Closing: Sunday, June 7, 2026

SEEKING:

Tony: (M, 55-70s) A grape farmer who immigrated to the US. Warm and genuine but also insecure at times.

Rosabella (F, late 20s-30s) Lost in love and work, she needs to experience and explore her dreams

Cleo & others (F, late 20s-40s) Nonplussed, self-confident, funny. A true friend with a strong personality and a clever mind.

Joe & others (M, late 20s-30s) foreman of the vineyard. Unable to settle down. Hardworking. Avoids hard conversation

Marie & others (F, 40s-50s) Tony's strong-willed younger sister who will fight to protect her brother at all costs.

Herman & others (M, 30s-40s) Likable happy-go-lucky ranch hand. He is easy-going, the "good guy," and not easily rattled.

TRACK #7 (M, 20s-50s) Possesses strong musical abilities and able to take on many different physical and vocal characters

SALARY

SPT $789 weekly minimum (SPT 8)

UNION

AEA

Earth Day is every day for Minneapolis’ environmental justice activists

Air pollution and poor water and soil quality are ongoing issues that non-white and lower-income Minneapolitans disproportionately face.While Earth Day is just one day in the year, Minneapolis’s environmental justice activists say it is still worth celebrating.The first national ...

Air pollution and poor water and soil quality are ongoing issues that non-white and lower-income Minneapolitans disproportionately face.

While Earth Day is just one day in the year, Minneapolis’s environmental justice activists say it is still worth celebrating.

The first national Earth Day celebration on April 22, 1970 was introduced by Wisconsin Sen. Gaylord Nelson and meant to teach Americans about the environment and eventually led to the creation of the U.S. Environmental Protection Agency.

Celebrating the once-groundbreaking national holiday is now a choice for many Americans with privilege from environmental harms, Mike Harley, the executive director of the Twin Cities’ Environmental Initiative, said.

“It’s another opportunity for us to spread the word, to engage people, to help put opportunities for action in front of people and to elevate issues that sometimes slip to second-, third- or fourth-tier concerns for many Americans not living on the front lines of environmental harm,” Harley said.

The Environmental Initiative is running an Earth Day fundraiser for environmental justice organizations.

Air pollution, poor water quality and food insecurity are among the prominent environmental injustices residents, particularly non-white residents, face in Minnesota and Minneapolis, according to the Minnesota Center for Environmental Advocacy. These issues can hurt residents’ short- and long-term health.

In Minneapolis, these areas with the worst environmental injustices are known as the two green zones, where diverse neighborhoods face some of the worst pollution in the city.

Leslee Jackson, a board member for North Minneapolis’ Green Zone, said fighting for environmental justice in her community is a lifelong commitment throughout her education and career.

“The people and their wellbeing and their health, everything is connected and without one, you can’t have the other,” Jackson, who grew up in North and South Minneapolis, said. “So, giving back to the earth as a steward on this land to educate others, I’m happy to do that in this place.”

Green Zones in North and South Minneapolis are typically lower-income, primarily non-white areas that are disproportionately hurt by environmental issues like poor air, water or soil quality.

Natalie Rademacher, a spokesperson for the Minneapolis American Indian Center, said food insecurity and air pollution are two environmental issues that Indigenous residents have historically been harmed by.

“A lot of people in boarding schools were pushed onto reservations and were cut off from a lot of these traditional foods that our ancestors ate, like wild rice and bison, walleye, things like that,” Rademacher, who is Ojibwe, said. “Being cut off from these healthy foods and our ways of life led to a lot more processed foods.”

The Center, located in the South Minneapolis Green Zone, provides opportunities for Indigenous residents to live healthier lives, Rademacher said. It has a cafe that offers healthy, traditional indigenous foods and exercise programs to the local community.

Jackson said she wants to see more city funding go toward fighting food insecurity for Green Zone residents.

Jayda Pounds, the city’s sustainability program coordinator who works with the Green Zone boards, said the program aims to create and support specific resources and events, like free trees and watering services, to reduce the environmental harm for residents.

Pounds said that continuing education on things like how to grow food in urban areas is crucial for improving the quality of life for Minneapolis residents.

“We know that we need to continue the education, the push for making sure that our resident voices are heard and that the work doesn’t end just because (Earth Day) is over,” Pounds said.

For University of Minnesota students, simple habits like proper recycling and turning off unused lights can build a commitment to sustainability, according to Tim Ekblad, the director of the sustainability committee for the University’s College of Science and Engineering student board.

Ekblad, a third-year student studying environmental engineering, said the sustainability committee exists to encourage students to practice sustainability year-round.

“It’s important because it shows people a different way of thinking that they most likely would not be thinking about if the committee wasn’t there,” Ekblad said.

Earth Day offers the chance to celebrate environmental justice workers and bring people together for a common cause to spark a stronger commitment to the environment, Jackson said.

“It is an important day,” Jackson said. “But every day is Earth Day when you do this work.”

Easter Weekend Forecast: Weather To Expect In MN

For Minnesotans craving warmth after a chilly stretch, it's a weekend forecast worth celebrating.​ William Bornhoft, Patch Staff|Updated Wed, Apr 16, 2025 at 9:35 am CTMINNEAPOLIS, MN — After a soggy end to the workweek, the Twin Cities can look forward to a warm and mostly sunny Easter weekend.The weather will be perfect for egg hunts, family walks, and soaking up some long-awaited spring sunshine....

For Minnesotans craving warmth after a chilly stretch, it's a weekend forecast worth celebrating.​

William Bornhoft, Patch Staff

|Updated Wed, Apr 16, 2025 at 9:35 am CT

MINNEAPOLIS, MN — After a soggy end to the workweek, the Twin Cities can look forward to a warm and mostly sunny Easter weekend.

The weather will be perfect for egg hunts, family walks, and soaking up some long-awaited spring sunshine.

Saturday will bring highs in the mid-50s with clear skies, and Easter Sunday could reach the upper 50s before a slight chance of showers moves in late, according to the National Weather Service.

For Minnesotans craving warmth after a chilly stretch, it’s a weekend forecast worth celebrating.

Here's the full NWS forecast from the Minneapolis-St. Paul Airport:

Find out what's happening in Minneapolisfor free with the latest updates from Patch.

Today: Increasing clouds, with a high near 61. Southeast wind 10 to 15 mph.

Tonight: Partly cloudy, with a low around 46. Southeast wind 10 to 15 mph.

Thursday: A chance of showers and thunderstorms, then showers and possibly a thunderstorm after 3pm. High near 67. South southeast wind 10 to 15 mph. Chance of precipitation is 80%. New rainfall amounts between a quarter and half of an inch possible.

Thursday Night: Showers and thunderstorms before 1am, then a chance of showers. Low around 45. Southeast wind 10 to 15 mph becoming north northwest after midnight. Chance of precipitation is 90%. New rainfall amounts between a quarter and half of an inch possible.

Friday: A 40 percent chance of showers. Mostly cloudy, with a high near 52. North northwest wind around 15 mph, with gusts as high as 25 mph.

Friday Night: Mostly cloudy, with a low around 36. North northwest wind 10 to 15 mph.

Saturday: Mostly sunny, with a high near 54. Northwest wind 5 to 10 mph.

Saturday Night: Mostly clear, with a low around 36. North northwest wind around 5 mph becoming east after midnight.

Sunday: A 30 percent chance of showers after 1pm. Mostly sunny, with a high near 58. East wind 10 to 15 mph.

Sunday Night: A 40 percent chance of showers. Mostly cloudy, with a low around 39. East northeast wind around 10 mph.

Monday: A 30 percent chance of showers. Partly sunny, with a high near 57. East northeast wind around 10 mph becoming north in the afternoon.

Monday Night: A 20 percent chance of showers. Partly cloudy, with a low around 39. North northeast wind 5 to 10 mph becoming south southeast after midnight.

Tuesday: A 30 percent chance of showers. Mostly sunny, with a high near 63. South southeast wind 5 to 15 mph.

Xcel Energy, Minnesota Wild end 25-year naming rights deal for St. Paul arena

After a quarter-century, the Minnesota Wild will soon have a new naming rights sponsor for what's now called Xcel Energy Center. The Minneapolis power company signed a new partnership with the NHL team that doesn't include naming rights for the St. Paul arena.Xcel Energy Inc. (NYSE: XEL) and the Minnesota Wild are not renewing the naming rights agreement to the team's arena in downtown St. Paul, following a 25-year run.A new partner is expected to be announced before the start of next season, according to a Tuesday news release...

After a quarter-century, the Minnesota Wild will soon have a new naming rights sponsor for what's now called Xcel Energy Center. The Minneapolis power company signed a new partnership with the NHL team that doesn't include naming rights for the St. Paul arena.

Xcel Energy Inc. (NYSE: XEL) and the Minnesota Wild are not renewing the naming rights agreement to the team's arena in downtown St. Paul, following a 25-year run.

A new partner is expected to be announced before the start of next season, according to a Tuesday news release announcing the change.

The naming rights deal for "The X" was worth $3 million a year according to the Sports Business Journal. It was signed in 2000, just before the Wild's inaugural season and shortly after the Xcel Energy brand debuted following the merger of Northern States Power Co. and Denver-based New Century Energies.

A new naming rights deal could be worth significantly more per year than Xcel's deal. Lenovo last year signed a 10-year, $60 million naming rights deal to rename the former PNC Arena, the home of the NHL's Carolina Hurricanes and N.C. State University men's basketball.

“We are extremely thankful for our 25-year naming and team marketing rights partnership with Xcel Energy,” Minnesota Wild owner Craig Leipold, said in a statement. “Xcel Energy has been an incredible supporter of our team since our inaugural season, and we look forward to continuing to collaborate with them on a number of unique community initiatives as part of our new, long-term partnership.”

Despite the naming rights going away, the two parties are not completely separating. Instead the Wild are moving forward with Xcel as a "major community and business partner," according to the release. As part of the new partnership, Xcel will provide financial assistance to those facing barriers to enter the sport and make investments to improve local hockey rinks and facilities.

“Twenty-five years ago, the Minnesota Wild and Xcel Energy were new brands in the region. Today, these two brands have become embedded in our community and our culture,” said Xcel CEO Bob Frenzel. “This new chapter with the Wild extends our commitment to the region and will serve to expand access to the sport of hockey."

The news comes as St. Paul seeks $400 million to renovate the arena and two other downtown St. Paul venues. The figure represents half of the funding for the proposed $769 million project that would direct $569 million to the improvements at the Xcel Energy Center. The arena was built in 2000 for $173 million, and has not received any major renovations or upgrades since.

No decision on approving the funding has been made, but DFL state Sen. Sandy Pappas, chair of the Capital Investment Committee, told MPR in March that the timing for the request "isn't very good."

Minnesota is facing a smaller-than-expected surplus in the near term and a projected deficit after 2027 of as much as $6 billion unless the state adjusts its finances.

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