The Port of Virginia needs to complete a rail yard expansion at its Norfolk International Terminals, and will receive a federal grant of just over $20 million through the U.S. DOT’s Port Infrastructure Development program to do so.
The grant will enable the Port Authority to build two new rail sections, each containing four tracks. This will add 10,700 feet of track, and add an area for staging and transferring containers.
The funds “will support an important expansion at the port that will increase the port’s competitiveness and efficiency and allow it to continue to serve manufacturers and farmers in Virginia and across the country,” Sens. Tim Kaine and Mark Warner noted in a statement.
Warner added that “[This expansion] is critical for the Port of Virginia to ensure it can keep pace with the forecasted rail growth and maintain its expected level of service to the Midwest, Ohio Valley, and other inland markets. Without this investment, the Port’s export capacity would be constrained, limiting U.S. manufacturers and farmers’ access to the global market.”