Real Assets
The U.S. Department of Transportation has awarded a $25 million grant to help fund the Port of Coos Bay's proposed project to build an intermodal terminal on Oregon's southwestern coast, Oregon state and federal officials announced this week. Issued through the USDOT's Nationally Significant Multimodal Freight and Highway Projects program (INFRA), the grant dollars will be used to advance environmental review, permitting, and preliminary engineering and design for the intermodal terminal component of the larger Pacific Coast Intermodal Port project, including the rail yard, container yard, wharf and berths.

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