More than $2.6 million awarded from Linking Iowa’s Freight Transportation System Program
Ames, Iowa – Feb. 9, 2016 – The Iowa Transportation Commission approved more than $2.6 million in grant funding for six transportation infrastructure-related development projects under the Linking Iowa’s Freight Transportation System (LIFTS) program.
The LIFTS program enhances economic development by providing funding to address freight transportation needs in Iowa and assist projects that contribute to an effective and efficient multimodal freight transportation system.
The multimodal freight transportation system leverages the advantages of more than one type of transportation for cost-effective shipping. The proposed developments will assist in planning for a port facility on the Mississippi River and provide more efficient transportation of products using rail, water, and truck at multiple locations in Iowa.
Following is the list of LIFTS projects approved by the Commission.
Project |
Grant |
Port of Muscatine |
$80,000 |
Standard Distribution Co. |
$584,000 |
Hall Towing Inc. |
$479,000 |
Iowa Traction Railway Propane Terminal |
$544,000 |
Council Bluffs Transload Facility |
$500,000 |
Eastern Iowa Logistics Park |
$500,000 |
Total funding |
$2,687,000 |
#
For more information, contact: Laura Hutzell at 515-239-1066 or [email protected]