Current:Home > MarketsGeorgia Ports Authority approves building a $127M rail terminal northeast of Atlanta -Insightful Finance Hub
Georgia Ports Authority approves building a $127M rail terminal northeast of Atlanta
View
Date:2025-04-14 16:00:13
SAVANNAH, Ga. (AP) — The Georgia Ports Authority will spend $127 million building a new inland terminal for moving cargo by train between Savannah’s busy seaport and Gainesville northeast of Atlanta.
The state authority’s governing board voted Tuesday to approve the funding, which includes a $46.8 million federal grant. Known as the Blue Ridge Connector, the terminal will link northeast Georgia to the Port of Savannah by rail across roughly 250 miles (402 kilometers), giving shippers an alternative to moving cargo by truck through Atlanta.
“Every container moved by rail will avoid a 600-mile roundtrip by truck between Savannah and the Gainesville area,” Georgia Ports Authority CEO Griff Lynch said in a news release. “That’s a massive benefit to cargo owners seeking to reduce their carbon footprint.”
It will be the third inland terminal operated by the state authority, which also has them in Murray County south of Chattanooga, Tennessee, and in rural Bainbridge in southwest Georgia. The new facility is expected to open in 2026.
The Port of Savannah is the fourth-busiest U.S. seaport for cargo shipped in containers, large metal boxes used to transport retail goods from consumer electronics to frozen chickens. Savannah handled 5.4 million container units of imports and exports in the fiscal year that ended June 30.
veryGood! (8562)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- In between shoveling, we asked folks from hot spots about their first time seeing snow
- A probe into a Guyana dormitory fire that killed 20 children finds a series of failures
- JetBlue and Spirit Airlines say they will appeal a judge’s ruling that blocked their merger
- This was the average Social Security benefit in 2004, and here's what it is now
- Professor's deep dive into sobering planetary changes goes viral. Here's what he found.
- The Ravens are ready to give Dalvin Cook a shot, but there’s no telling what to expect
- Grand jury seated Friday to consider criminal charges against officers in Uvalde school shooting
- Louvre will undergo expansion and restoration project, Macron says
- David Oyelowo talks MLK, Role Play, and how to impress an old crush
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- North Korea stresses alignment with Russia against US and says Putin could visit at an early date
- Amid tough reelection fight, San Francisco mayor declines to veto resolution she criticized on Gaza
- David Oyelowo talks MLK, Role Play, and how to impress an old crush
- Former longtime South Carolina congressman John Spratt dies at 82
- You Won’t Believe J.Crew’s Valentine’s Day Jewelry Deals, up to 60% off Select Styles
- Over 500,000 Home Design beds recalled over risk of breaking, collapsing during use
- Get 86% off Peter Thomas Roth, Tarte, It Cosmetics, Bareminerals, and More From QVC’s Master Beauty Class
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Sports Illustrated Swimsuit Issue, created to combat winter, became a cultural phenomenon
Pawn Stars Cast Member Rick Harrison's Son Adam Harrison Dead at 39
Ukraine’s Yastremska into fourth round at Australian Open
The Daily Money: Spending more on holiday travel?
Luis Vasquez, known as musician The Soft Moon, dies at 44
Kyte Baby company under fire for denying mom's request to work from preemie son's hospital
A probe into a Guyana dormitory fire that killed 20 children finds a series of failures