The board approved an additional $2.42 million for the agency’s Truck Replacement Program, which started in 2010. The funds will help pay for the replacement of about another 80 older trucks with 2007-or-older engines. Newer trucks are expected to reduce emissions by about 42 tons of particulate matter and 708 tons of nitrogen oxides over their operating lives.
”This program is a great example of the ways in which we can make our facilities more environmentally friendly at the same time we are increasing their economic development potential,” said Port Authority Chairman John Degnan in a statement.
The program extension, funded by a $2 million federal Congestion Mitigation and Air Quality grant, will cover up to 50 percent of the cost of a new truck, or up to a maximum of $25,000 per truck. To be eligible for the program, truckers must regularly call the port’s marine terminals and commit to serving the port for at least five years.
Since starting the program, the port authority said it has disbursed all of its federal grant money to replace 429 older trucks with newer models. The original $34.4 million program was a combined $8.6 million in federal grants, which covered 25 percent of the replacement truck costs, and $25.8 million in funds allocated by the port authority for low-interest loans, if needed, for the remaining 75 percent.
“Since its inception, the Truck Replacement Program has resulted in an estimated annual emission reduction of 356 tons of nitrogen oxide and 14 tons of fine particulate matter, which represent roughly 70 and 64 percent reductions respectively in both pollutants,” 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.
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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