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Rail News: Intermodal
Port of Indiana obtains federal dollars for expansion
The Port of Indiana-Burns Harbor will receive a $9.85 million FASTLANE small project grant toward the port's nearly $20 million expansion, port officials announced yesterday.
U.S. Transportation Secretary Elaine Chao confirmed the port received congressional approval for the grant, according to a Ports of Indiana press release.
The grant is part of the Fostering Advancements in Shipping and Transportation for the Long-Term Achievement of National Efficiencies (FASTLANE) program, now known as the Infrastructure for Rebuilding America program.
The grant will be used to fund a $19.7 million expansion aimed at increasing the port's cargo handling capacity and multimodal capabilities.
The expansion will include the construction of a 2.3-acre cargo terminal with multimodal connections for handling cargo transfers between ships, barges, rail cars and trucks. In addition, 4.4 miles will be added to the port's existing 14-mile rail network. Two new yards will create storage for 165 rail cars, accommodate a 90-car unit train and provide rail-car switching within the port.
"This new investment will not only improve the region's economic vitality, but also the international competitiveness of our entire state," said Indiana Gov. Eric Holcomb.
Contact Progressive Railroading editorial staff.