The N.C. Department of Transportation’s Rail Division is investing $1.8 million as part of 50-50 matching grant funding to improve rail infrastructure on three short line railroads. This grant funding is in addition to $10.2 million in grants to 12 short line railroads, announced in December 2023 under the same program.
The state’s $1.8 million share for the rail projects is provided through the NCDOT’s Freight Rail & Rail Crossing Safety Improvement program. It will match equal investments from several railroad companies.
“We value our continued partnership with the short line railroads of North Carolina,” said Jason Orthner, NCDOT Rail Director, in a press release. “These projects improve the safe and efficient transit of freight, while safeguarding the viability of our statewide freight rail network.”
The projects will improve three railroad bridges and 18 miles of railroad track improvements in North Carolina, supporting the increase of freight rail traffic on the statewide railroad network, and reducing highway traffic congestion by diverting freight to rail.
Each of the rail improvement projects will be paid for with 50-50 matching funds from the state and private railroad companies.
Within GFBJ’s coverage area, Aberdeen Carolina and Western Railway is being awarded $762,148 in funding for track and bridge upgrades, and construction of rail sidings and transloading infrastructure along the Piedmont and Sandhills divisions (Mecklenburg, Montgomery, Moore and Stanly counties).
The Freight Rail and Rail Crossing Safety Improvement Program was established in 2013 by the N.C. General Assembly.
Poster courtesy of Haymount Truck StopCookout season is officially in full swing, and if you’re tired of grilling your own, the Haymount Truck Stop has an exciting option for the whole family! The Truck Stop’s inaugural burger competition is happenin
Adiós. Au revoir. Auf Wiedersehen.No, I am not leaving the Greater Fayetteville Business Journal, but I am going on a long overdue vacation!Hello dear readers, this is my roundabout way of announcing to the community that starting on July 4, any and
In a city where traditional lending channels can overlook aspiring business owners from underserved communities, the Tulsa Initiative is changing the narrative around access to capital. The Fayetteville-based nonprofit has worked to expand its missio