The port authority said the grant was the result of a proposal submitted earlier this year in response to a competitive funding opportunity offered by the Commerce Department. “The award is not part of any federal stimulus program,” the port authority said.
The port will contribute $1.7 million in matching funds to the project.
The 14-mile single-track Blount Island rail system is more than 40 years old. The line, which is owned by port authority, allows CSX to provide cargo moves to and from the terminal. More than 30 percent of Blount Island’s cargo moves by rail.
Together the federal grant and the port’s matching funds will pay for the replacement of more than 19,000 linear feet (3.5 miles) of rail line and more than 12,000 timber ties. Fifteen new turnouts will also be built.
“The new portions of the rail line will follow the same footprint as the existing line,” the port authority said.
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