Port Houston Awarded U.S. Department of Transportation Grant
HOUSTON--(BUSINESS WIRE)--Jan 9, 2020--
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced its latest round of grants for its America’s Marine Highway Program. Port Houston was one of nine U.S. ports awarded grant funding. Port Houston received a grant to fund the development of a business case study to explore options of building a container-on-barge facility. Continuously striving for innovation and a diverse business portfolio, Port Houston will use the $180,000 grant to create an Operational Plan to determine if building a container-on-barge facility, located near either one of its two container terminals, is a feasible option.
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An aerial shot of Port Houston’s busy Bayport container terminal. (Photo: Business Wire)
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the greater Port of Houston – the nation’s largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the nation. The Port of Houston supports the creation of 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of the state’s total gross domestic product – and more than $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
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KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MARITIME TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT OTHER TRANSPORT
SOURCE: Port Houston
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PUB: 01/09/2020 04:39 PM/DISC: 01/09/2020 04:39 PM