Insights - August 2016 - (Page 2)

INTERMODAL ASSOCIATION OF NORTH AMERICA 11785 Beltsville Drive, Suite 1100 Calverton, MD 20705-4048 301-982-3400 * Fax: 301-982-4815 www.intermodal.org Intermodal Insights is published monthly by the Intermodal Association of North America for the benefit of its members. Intermodal Insights is a registered trademark of the Intermodal Association of North America. All rights reserved. Cover image © AdobeStock.com Send press releases and letters to the editor to insights@intermodal.org. Must be received by the 10th of the month to be considered for inclusion in the next issue. Perry Trunick, Editor Maggie Miller, Advertising Sales 301-982-3400, ext. 350 advertising@intermodal.org Joanne F. Casey, President & CEO Download the Intermodal Insights mobile app at the Google Play Store or in the App Store. Follow IANA for the latest association news and events LinkedIn - www.linkedin.com/company/ intermodal-association-of-north-america Twitter - @IntermodalEXPO 2 Intermodal Insights | August 2016 Federal Update DOT FASTLANE Grants Benefit Intermodal The first list of grants under the Fostering Advancements in Shipping and Transportation for the Long-Term Achievement of National Efficiencies program was released by the U.S. Department of Transportation. Of 212 applications requesting $9.8 billion, 18 projects were selected to receive a total of $759 million in fiscal year 2016. Funding for next year's program will increase to $850 million and then by $50 million increments for the remaining three years, reaching $1 billion in 2020. The grants provide up to 60 percent of eligible project costs. Virginia's Atlantic Gateway Project received the largest allocation - $165 million. The Atlantic Gateway Project is a $1.4 billion public-private effort to eliminate multimodal bottlenecks on the Interstate 95 corridor south of Washington, D.C. The Port of Savannah International Multimodal Connector was also granted $44 million. The project is expected to cost $126.7 million and will increase rail capacity and velocity at the Garden City Container Terminal. Other grants with intermodal components include the following: * The Cedar Rapids Logistics Park was awarded $25.7 million for the Iowa Department of Transportation's $46.5 million project to construct a full service intermodal facility. * The Port Authority of New York and New Jersey was tendered $10.7 million for the Cross Harbor Freight Program, which will improve the port's railcar float system, increase capacity at the 65th Street Yard, and double track a portion of the New York New Jersey Rail. Federal Update - continued on page 17 http://www.intermodal.org http://www.AdobeStock.com http://www.galaxytransport.com http://www.linkedin.com/company/intermodal-association-of-north-america http://www.linkedin.com/company/intermodal-association-of-north-america

Table of Contents for the Digital Edition of Insights - August 2016

Insights - August 2016
DOT FASTLANE Grants Benefi t Intermodal
FECR’s Hertwig to Receive Silver Kingpin Award
IANA Committee Meetings at EXPO
National Truck Driver Awareness Week Request
Nominees Sought for IANA Board
A Conversation with Former IANA chairman David Wedaman
Thom Albrecht Shares His Views on Intermodal Growth and M&A
Freight Reports
Port News
Sustainability News
People in the News
Speakers Announced for Intermodal EXPO 2016
Commerce Affirms Duty on Chinese Tires
In Brief
2016 Sponsors
Welcome New Members
Intermodal Calendar

Insights - August 2016

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