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Rail News: Intermodal

Mississippi DOT to award $30M in multimodal program grants

Grenada Railroad's freight-growth project qualified for a $1.2 million grant from the Mississippi DOT.
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The Mississippi Department of Transportation (MDOT) will award $30 million in grants to fund transportation infrastructure projects across the state.

The funding will go to regional and municipal airports, ports and railroads through the state's strategic multimodal investments fund, which was established in 2023. The purpose of the fund is to increase capacity for the movement of freight and increase economic activity while supporting long-term economic growth in the state, MDOT officials said in a news release.

Five railroads, six ports and nine airports will receive the grants.

The rail-related recipients and their grant amounts are: the Rosedale-Bolivar County Port's Great River Railroad restoration, phase 1, $2.6 million; Itawamba Mississippian Railway's siding track, $2.2 million; Grenada Railroad LLC's freight-growth project, $1.2 million; Ripley & New Albany Railroad Co.'s infrastructure and capacity improvement project, $1.1 million; and Mississippi Southern Railroad's south Louisville track improvement program, $420,107. The Mississippi Southern is owned by Watco.

The winning port projects and their grant amounts are: the Mississippi State Port Authority's Gulfport intermodal expansion and enhancement project, $2.6 million; the Yellow Creek Port's barge berth expansion, $2.5 million; the Port of Greenville's e-crane purchase, $2.2 million; the Rosedale-Bolivar County Port's multimodal expansion project, phase 1, $2.1 million; the Lowndes County Port's east bank rail project, $1.5 million; and the Port of Aberdeen's dredging project, $704,700.





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More News from 4/12/2024