# Port of New Orleans Secures More Funding Towards New Terminal - Truck. Rail. Import. Export.

> Louisiana legislators earmarked $230.5 million for the Port of New Orleans, with $150 million going to the proposed Louisiana International Terminal and $50 million to the St. Bernard Transportation Corridor. The terminal is expected to open around 2028 with 280,000 TEUs of capacity, though groundbreaking awaits federal permitting.

- Date: 2024-06-17 · published 2024-06-17T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/29953-port-of-new-orleans-secures-more-funding-towards-new-terminal-truck-rail-import
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

This is long-term infrastructure investment with no near-term effect on grain flows or prices, though it may eventually expand container and bulk export capacity from the Gulf.

## Sources

- commerceexpressinc.com: https://www.commerceexpressinc.com/portsfacilities-port-of-new-orleans-secures-more-funding-towards-new-terminal/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.