Skip to content
Search AI Powered

Latest Stories

Intermodal freight groups cheer latest round of federal infrastructure funding

CAGTC notes that repairs are needed as U.S. freight activity is forecast to grow by 50% in tonnage between 2020 and 2050

intermodal Screen Shot 2024-01-25 at 3.05.14 PM.png

Intermodal transportation industry groups are cheering the latest round of infrastructure funding dispatched from Washington to repair the nation’s bridges, highways, and freight terminals.

The reaction comes as the U.S. Department of Transportation (USDOT) today awarded funding to 11 projects through the fiscal year 2023 and 2024 National Infrastructure Project Assistance (Mega) program and 28 projects through the fiscal year 2023 and 2024 Infrastructure for Rebuilding America (INFRA) program. 


Of those totals, members of the Coalition for America’s Gateways and Trade Corridors (CAGTC) received over 53% of the awarded funding in the Mega program, totaling a “staggering” $1.09 billion. They also nailed down $513.5 million from the INFRA program, CAGTC said.

CAGTC—which is a coalition of more than 60 public and private organizations dedicated to increasing federal investment in America’s intermodal freight infrastructure—noted that while the Mega program has broad eligibility, freight projects were the clear champions in this round. Created through the Biden Administration’s Bipartisan Infrastructure Law (BIL), the Mega grant program invests in very large, complex projects that are difficult to fund by other means and will generate national or regional economic, mobility, or safety benefits.

Likewise, DOT awarded $2.9 billion through this round of the INFRA program, which provides federal funding to advance multimodal freight and highway projects of national or regional significance. The INFRA program was established through the 2015 FAST Act and was continued in the BIL with increased funding.

“According to USDOT, U.S. freight activity will grow by 50 percent in tonnage between 2020 and 2050. Investments made through the Mega and INFRA programs will be critical for preparing the supply chain to meet these growing demands and securing the country’s global competitiveness moving into the future,” CAGTC Executive Director Elaine Nessle said in a release. “We congratulate our members who received awards and commend USDOT for recognizing the importance of freight projects through its award decisions.”

Additional support for the new funding came from the Intermodal Association of North America (IANA), which said that its member organizations had been the recipients of over $728 million for their projects.

Among the award recipients are several projects sponsored by or supported by members of CAGTC, including:

  • $283.37 million for the Port of Long Beach’s Pier B On-Dock Rail Support Facility (Mega)
  • $73.77 million for the Port of New Orleans’ Louisiana International Terminal Project (Mega)
  • $226.22 million for the Port of New Orleans’ Louisiana International Terminal Project (INFRA)
  • $130.5 million for the City of Stuart, Florida’s St. Lucie River Railroad Bridge Replacement Project (Mega)
  • $600 million for the Interstate Bridge Replacement (IBR) Program’s I-5 Bridge Replacement Project – the largest individual grant awarded among this year’s Mega recipients (Mega)
  • $180 million for the Florida Department of Transportation’s I-4 Truck Parking Facilities Project (INFRA)
  • $95 million for the Arizona Department of Transportation's Gila River Indian Community I-10 Project (INFRA)
  • $12.28 million for the Washington State Department of Transportation and California Department of Transportation’s I-5 Truck Parking Information Management System Project (INFRA)

 

 

 

 

The Latest

More Stories

Amazon delivery driver sorting packages in van
Photo courtesy of Amazon

“Smart” vans speed package delivery

Amazon package deliveries are about to get a little bit faster—thanks to specially outfitted delivery vans and the magic of AI.

Last month, the mega-retailer introduced its Vision-Assisted Package Retrieval (VAPR)solution, an AI (artificial intelligence)-powered system designed to cut the time it takes drivers to retrieve packages from the back of the van.

Keep ReadingShow less

Featured

Think twice, buy once

We are now into the home stretch of the holiday shopping season—the biggest retail bonanza of the year. By now, many shoppers have already made their purchases and are putting the final touches on their gifts. Some of us procrastinators have not even started. Isn’t that why online shopping was invented?

Here are some interesting facts about Americans’ holiday shopping patterns. The National Retail Federation estimates that consumer spending for the holidays will average $902 per person. Some $641 of that will be for gifts, with the remainder spent on food, decorations, and other holiday items.

Keep ReadingShow less
diagram of autonomous terminal tractor from embotech

Swiss self-driving car firm Embotech raises $27 million

Funds are continuing to flow to companies building self-driving cars, as the Swiss startup Embotech today said it had raised $27 million to expand autonomous driving solutions for logistics in Europe and beyond, including U.S. operations by the end of 2025.

The Zurich firm said it would use the new funding to help the company scale up its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe, and ultimately in the United States, Middle East, and Asia.

Keep ReadingShow less
inventory on racks at partners warehouse

Venture-backed Partners Warehouse acquires an east coast 3PL

The private equity-backed warehousing and transportation provider Partners Warehouse has acquired PSS Distribution Services, a third-party logistics (3PL) provider specializing in warehousing, distribution, and value-added services on the East Coast, the company said today.

The move expands Partners Warehouse’s reach from its current territories, which stretch from its Elwood, Illinois, headquarters to its two million square feet of warehousing and rail transloading facilities across eight locations in Illinois, California, and Dallas.

Keep ReadingShow less
Association of Equipment Manufacturers' (AEM) national Manufacturing Express tour
Photo courtesy of the Association of Equipment Manufacturers (AEM)

Online game tests manufacturing know-how

Think you know a lot about manufacturing? Your hard-won knowledge might be about to pay off in the form of a brand-new pickup truck. No, you don’t have to physically assemble the vehicle. But you could win a Ford F-150 by playing an industry-themed online game.

Dubbed the Manufacturing Challenge, the game was launched during the Association of Equipment Manufacturers' (AEM) national Manufacturing Express tour this summer. It challenges participants to test their knowledge by answering a series of trivia questions related to the equipment manufacturing industry. Do well enough, and your name will be entered to win the grand prize.

Keep ReadingShow less