Port Authority Buys Land For Intermodal Facility
MOBILE, Ala. — The Alabama Port Authority recently purchased 272 acres in Montgomery at a cost of $2 million to construct an inland container intermodal transfer facility that will extend intermodal rail service at the port, Business Alabama reported. The facility will be serviced by CSX Transportation Intermodal, which will contribute up to $12.5 million toward infrastructure improvements there. Phase I of the facility, estimated at $54 million, could take up to two years to construct. It will connect inland Alabama shippers to the seaport’s intermodal container transfer facility in Mobile. When completed, the project is to generate 2,618 direct and indirect jobs, $340 million in business revenues and more than $14.2 million in state and local taxes. “This project will provide our shippers cost-competitive transportation services to and from one of the nation’s fastest-[growing] containerized cargo gateways,” said John Driscoll, director and CEO of the authority.
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