Louisiana Economic Development

Port NOLA Advances Planning, Development of St. Bernard Transportation Corridor

The Port of New Orleans (Port NOLA) and the Louisiana Department of Transportation and Development (LaDOTD) have signed a Cooperative Endeavor Agreement (CEA) to advance the planning and development of the St. Bernard Transportation Corridor, “a vital roadway project that will directly connect the future Louisiana International Terminal (LIT) in St. Bernard Parish to the interstate system.”

Hyundai Motor Group will invest $5.8 billion in a new manufacturing facility at RiverPlex MegaPark in Louisiana. Served by UP, it will be the company’s first North American steel facility to support its automotive manufacturing operations across the United States. (Map Courtesy of RiverPlex MegaPark)

Class I Briefs: UP, CN, NS

Hyundai Motor Group selects a Union Pacific (UP)-served site in Louisiana for its $5.8 billion steel manufacturing plant. Also, CN releases a Western Canadian grain report and will serve PlasCred’s planned recycling facility near Fort Saskatchewan, Alberta; and Norfolk Southern’s (NS) management team visits HOPE Atlanta.