U.S. DOT Grant $10M for Duluth Intermodal Project

MarineLink.com
Thursday, September 05, 2013

The U.S. Department of Transportation (DOT) today announced a $10 million TIGER grant for the Duluth Intermodal project, one of 52 transportation projects in 37 states that will receive a total of approximately $474 million from DOT’s Transportation Investment Generating Economic Recovery (TIGER) 2013 discretionary grant program. Acting Maritime Administrator Paul “Chip” Jaenichen visited the Port of Duluth-Superior today to tour the project site and meet with local officials for the TIGER announcement.

“These TIGER projects are the best argument you can make for investment in our transportation infrastructure,” said U.S. Transportation Secretary Anthony Foxx. “Together, they answer President Obama’s call for a stronger transportation system for future generations by repairing existing roads and bridges, connecting people to new jobs and opportunities, and contributing to our nation’s economic growth.”

The TIGER funds will be used to rehabilitate, rebuild and expand a 28-acre general cargo dock at the Port of Duluth-Superior, connecting water, road, and rail infrastructure to increase freight capacity and efficiency. The Duluth Intermodal project will improve freight mobility by refurbishing a dock that is not structurally sound in order to support heavy cargo moved through the Great Lakes. The funding provided today demonstrates the Obama Administration’s commitment to increasing and improving the movement of freight, reducing costs, and increasing economic competitiveness in the Great Lakes region.

“This federal investment in local infrastructure is a win-win for the port and the entire Great Lakes region," said Acting Administrator Jaenichen. “By improving and, more importantly, increasing freight flows and intermodal reliability in the region, this project will produce value for generations, connecting this region, its industry, and its people to new jobs and opportunities as we continue the economic revitalization that keeps the U.S. competitive in world markets.”

The highly competitive TIGER program offers one of the only federal funding possibilities for large, multi-modal projects that often are not suitable for other federal funding sources. These federal funds leverage money from private sector partners, states, local governments, metropolitan planning organizations and transit agencies. The 2013 TIGER round alone supports $1.8 billion in overall project investments.

TIGER has enjoyed overwhelming demand since its creation, a trend continued by TIGER 2013. Applications for this most recent round of grants totaled more than $9 billion, far exceeding the $474 million set aside for the program. In all, the Department received 585 applications from all 50 states, the District of Columbia, Puerto Rico and Guam.

The projects funded through this round of TIGER illustrate the President’s goals of creating “Ladders of Opportunity” that connect people to jobs, repairing and replacing aging infrastructure with a “Fix it First” approach and contributing to America’s economic growth. This award will be used to build out a fully functional intermodal facility that will provide regional industry greater import and export capacity, expanding their access to more markets.

On March 26, 2013, the President signed the FY 2013 Appropriations Act, which after sequestration provided approximately $474 million for Department of Transportation national infrastructure investments. Like the first four rounds, TIGER 2013 grants are for capital investments in infrastructure and are awarded on a competitive basis based on the published selection criteria. This is the fifth round of TIGER funding.

Under all five rounds combined, the TIGER program has provided more than $3.6 billion to 270 projects in all 50 states, the District of Columbia and Puerto Rico. Demand for the program outweighed available funds, and during all five rounds, the Department of Transportation received more than 5,200 applications requesting more than $114.2 billion for transportation projects across the country.

dot.gov/tiger
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

Finance

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Government Update

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

MARAD Publishes US ATB, ITB Database

The U.S. Maritime Administration (MARAD) released what it is calling a first-of-its-kind public database that chronicles U.S.-flagged, privately owned domestic

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2060 sec (5 req/sec)