A recent survey by the American Association of Port Authorities (AAPA) found members identified a need in excess of $20 billion during the next decade for multimodal port and rail access, but cited “funding/financing options” as the biggest hurdle.
The Mississippi Department of Environmental Quality (MDEQ) has been awarded a $574,000 grant to fund planning, surveying and permitting for a 4,300-foot rail connection in Jackson County.
Kansas City Southern (KCS) has announced a new weekly intermodal service between the Port of New Orleans (Port NOLA) and Wylie, Texas, beginning in May.
The U.S. Department of Transportation is retiring the Transportation Investment Generating Economic Recovery (TIGER) grant program name and will award the $1.5 billion available in discretionary grant funding as Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants.
The South Carolina Ports Authority (SCPA) opened its second inland port, Inland Port Dillon, on April 16. SCPA says the facility was constructed to handle strong growth for the port’s intermodal rail cargo volumes and deepen its reach into markets through the Carolinas to the Northeast and Midwest.
The government of Canada is committing CA$18.4 million (US$14.6 million) to the Port of Montréal for a rail project that will enhance trade corridors and help move commercial goods to market.
Watco Companies, LLC, the owner and operator of Greens Port Industrial Park (Greens Port), located on the Houston Ship Channel, has acquired the assets of Industrial Terminals, L.P.
BNSF Railway Company (BNSF) has announced a 2018 capital expenditure program for California valued at about $230 million.
The Georgia Ports Authority (GPA) broke ground on the $126.7 million Mason Mega Rail Terminal on March 26.
The Port of New Orleans has given its blessing, and more, for a plan to redevelop a defunct city shipyard into an intermodal terminal.