The Oregon International Port of Coos Bay has approved a $25 million federal grant agreement to advance planning for the Pacific Coast Intermodal Port, planned as the first fully ship-to-rail intermodal terminal on the West Coast. The Infrastructure for Rebuilding America grant will be matched by $25 million from NorthPoint Development, the port's private partner, to fund environmental review, permitting, and preliminary engineering. The terminal, part of an estimated $2.3 billion project, aims to handle up to 2 million TEUs by connecting the port's Coos Bay Rail Line to Union Pacific and the national rail network in Eugene, Oregon. Other funding includes $100 million from the Oregon Legislature, a $29.75 million Consolidated Rail Infrastructure and Safety Improvements grant, and $11.25 million from the U.S. Maritime Administration's Port Infrastructure Development Program.
Union Pacific CorporationThe terminal will connect to Union Pacific's rail network, potentially increasing freight volume.
NorthPoint Development is the private partner matching the grant and funding the project.