Transportation Consultants Inc. Begins Second Phase of Port of New Orleans Expansion
"This project is about investing in our port industry in New Orleans," said TCI Founder and CEO Jack Jensen. "The $13.6 million [total] investment will keep TCI and its 120 jobs in New Orleans for a long time to come. Without the Port of New Orleans, the New Orleans Public Belt Railroad, Entergy, the Mayor, and Governor [Bobby] Jindal's commitment to this project, we could not collectively increase international container traffic at the Port."
Louisiana Economic Development has extended $500,000 from the Enterprise Zone Program and $400,000 from the Economic Development Loan Program. Those funds will help TCI construct a rail spur that connects to the New Orleans Public Belt Railroad.
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