On the agenda for the Western Arkansas Intermodal Authority next week is approval of a memorandum of understanding with the Port of New Orleans to “establish an alliance of cooperation” with the inland intermodal port being developed on the Arkansas River at Van Buren.
The intermodal group, a division of the Western Arkansas Planning and Develoment District, will meet at 11:30 a.m. Wednesday at the Van Buren Library, 1409 Main St.
Also on the agenda in the intermodal project update from WAIA Executive Director Mat Pitsch is information on “opportunity zones” and Union Pacific’s “site solutions tool.” Union Pacific issued a letter of interest on the intermodal project last month when another “MOU” was signed with Ports of America.
A draft of the Port of New Orleans “MOU” was provided to board members this week.
The three-page “MOU” with the Board of Commissioners of the Port of New Orleans notes an alliance “would help increase the present level of economic growth by increasing revenues to the Port of New Orleans and optimizing freight network in the Western Arkansas Region.”
The agreement also lines out joint “marketing activities, data interchange, market studies, modernization and improvements, training and technological interchange.”