Corpus port prepares for $48M expansionCorpus port prepares for $48M expansionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=82522013-02-13T12:10:00Z2013-02-13T00:00:00Z

CORPUS CHRISTI - The Corpus Christi Port Authority locked in funding agreements for about $48 million in rail yard improvements. Construction could begin in 18 to 24 months, according to Frank Brogan port managing director.

Expanded rail capacity should help relieve a cargo bottleneck at what federal transportation authorities said was one of the nation’s key export zones.

Port officials have said they move about 40,000 cars a year on rail built to handle about 12,000. Volumes are projected to increase with shipments tied to Eagle Ford Shale oil and gas drilling. Rail car traffic is expected to increase 4 percent per year, according to port projections.

For the first phase of construction, the U.S. Department of Transportation granted $10 million and the port will spend $3.7 million. BNSF, Kansas City Southern, Union Pacific and Corpus Christi Terminal railways will spend $4.1 million through per-car surcharges.

Phase 1 includes 1.5 miles of track capable of storing a 110-car train, 2.8 miles of track split among four parallel tracks for storing an extra 252 rail cars, a service road and a 750-foot service track.

Phase 2 provides an additional 7.6 miles of track with $22 million from the Texas Department of Transportation and $6 million from the port, according to project budget estimates.

Corpus Christi Caller-Times
Corpus Christi
Infrastructure & Transportation
http://www.caller.com/news/2013/feb/12/port-of-corpus-christi-prepares-for-48m-rail/Read more at {Source}

 Search NewsTalk Texas