On June 21, 2012, the U.S. Department of Transportation awarded a $10 million Transportation Investment Generating Economic Recovery (TIGER) grant to the port for phase I construction of the) rail yard. When complete the rail yard will include an 8,000-foot unit train siding and a four ladder track interchange yard totaling 15,400 track feet, enough space for over 335 railcars, the Texas Gulf port said.
The construction contract documents for phase I of the rail yard are nearly complete, and the project is scheduled to be advertised for bidding later this month, the port said.
The total estimated cost for this phase of the rail yard is estimated to be $18 million. The port authority will provide $8 million in funding for the project and expects to recover about half of this amount from a surcharge fee that will be assessed to rail providers.
“The expansion of the port’s rail capabilities is an important logistics project critical to the port’s strategic diversification efforts,” said Mike Carrell, Port Corpus Christi commission chairman, in a statement. “The Nueces Rail Yard will support the growth of movement of goods capabilities in and out of the port.”
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