The signed agreement allows the Corps of Engineers to bid contracts for construction of a dredge disposal site, which is needed for maintenance dredging of the inner harbor’s main ship channel. Maintenance dredging will restore the inner harbor to a depth of 40 feet and is the first phase of the larger dredging project that will deepen the main channel to 51 feet. That project, which is primarily designed to benefit container ships calling at the Conley Terminal, is estimated to cost $310 million and was authorized by Congress in 2014.
The maintenance dredging is especially important for bulk terminals on Chelsea Creek and Mystic River to operate at the greatest possible efficiency. Those terminals handle products such as home heating oil, salt, Logan Airport jet fuel and roll-on/roll-off vehicles carrying automobiles. Massport and the state DOT will pay $5 million towards the disposal site, while the Army Corps will spend $12 million for design and construction.
According to the Army Corps’ economic analysis, every dollar invested in deepening will yield nearly $7 in economic return.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now