Maritime Administration awards grant to Tenn-Tom
NORTHEAST MISSISSIPPI — Sen. Thad Cochran (R-Miss.) is welcoming the award of a $1.76-million grant to support a Tennessee-Tombigbee Waterway Development Authority project to increase the container barge capacity between the Port of Itawamba and the Port of Mobile.
The funding was announced tby the Maritime Administration, an agency within the U.S. Department of Transportation, as part of its America’s Marine Highway Program. The grant will be utilized for a Tennessee-Tombigbee Freight Project involving the purchase and modification of nine barges for a new container transportation service from the Port of Itawamba.
The Tennessee-Tombigbee Freight Project is among the Marine Highway Projects selected for development by the U.S. Department of Transportation in August. This initiative, as part of Marine Corridor 65, promotes new container-on-barge service to function as a new route between manufacturing centers near Port of Itawamba container terminals on the Gulf Coast.
Also in August, the Tennessee-Tombigbee Waterway Development Authority signed a two-year memorandum of understanding with the Panama Canal Authority that pledges cooperative efforts to promote the Tombigbee inland waterway as an international trade route.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Two new casinos like the odds on Mississippi Gulf Coast
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- College Board names Glenn Boyce as higher education chief
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- THE SPIN CYCLE — Key results from Pew’s social media survey