MassDOT made grants of $1.1 million to expand access to rail freight, create jobs, and make Massachusetts’ economy stronger through grants to major infrastructure improvements in Lawrence and Spencer.

This is reported by the railway transport news portal Railway Supply.

MassDOT awards $1.1M to strengthen freight-rail growth

MassDOT revives Spencer auto rail hub

East Brookfield & Spencer Railroad was given $700,000 to add sort-out capacity of tracks to its New England Automotive Gateway. The facility currently handles 26,000 rail cars a year.

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Since vehicle logistics require speed, the new track provides improved reliability and efficiency. The project further contributes 10 new jobs that have priorities to fit into regional economic development and workforce development of the state.

MassDOT approves Lawrence industrial rail expansion

Lawrence acquired funding of $408,474 to rebuild an industrial spur lead. The rehaul enables 42 extra cars annually as well as creation of six new jobs.

Local officials predict that the venture will bring in businesses, solidify industrial development, and enhance longhaul freight capacidad. So investment generates immediate returns as well as wider economic potential.

IRAP’s contribution to freight infrastructure

It is provided through the Industrial Rail Access Program (IRAP), a Joint Public-Private Venture. At least 40% cost-sharing is required from recipients to promote mutual responsibility.

This model fosters cooperation, makes rails more efficient, and cuts truck traffic. And through a combination of state and private investment, projects have sustainable results that reward companies and communities.

Source: www.progressiverailroading.com

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Whom is MassDOT funding from these grants?

MassDOT provided a grant of $1.1 million to freight-rail work in Lawrence and Spencer to build additional track capacity, bolster logistics, and generate new jobs.

What is IRAP funding?

Industrial Rail Access Program necessitates that it will reimburse a minimum of 40% of project expenditures so that it becomes a competitive and cooperative investment vehicle.

Will freight-rail investment ease highway congestion?

Yes. By moving freight from highways to trains, MassDOT-funded projects reduce road congestion, reduce Costs to taxpayers, and promote sustainable development.

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