Railway Track & Structures - June 2008 - (Page 8)

I N D U S T R Y T O D AY CSX has already committed $300 million of its own funds to the National Gateway, and will work with several states and the federal government to secure additional funding. The National Gateway incorporates two primary parts. First, CSX would build or expand several high-capacity intermodal terminals. At the same time, CSX would work together with state and federal government agencies to create double-stack clearances beneath public overpasses along the railroad. Currently many overpasses only accommodate single-stack trains. The National Gateway was launched at the offices of Pacer International, a CSX customer, in Dublin, Ohio, with Governor Ted Strickland. The governor has pledged to work with state and federal officials to support the initiative, which calls for two new intermodal terminals in Wood County and Columbus at a cost of $130 million to CSX. The National Gateway will enhance three existing rail corridors that run through Maryland, Virginia, North Carolina, Pennsylvania, Ohio and West Virginia. Those corridors include: • The I-70/I-76 Corridor between Washington, D.C. and northwest Ohio via Pittsburgh; • The I-95 Corridor between North Carolina and Baltimore via Washington, D.C.; and • The Carolina Corridor between Wilmington and Charlotte, N.C. lines, including trackage rights, in Connecticut, Massachusetts, New Hampshire, New York and Vermont. NS has agreed to transfer cash and other property valued at $140 million to the joint venture, $87.5 million of which is expected to be invested within a three-year period in capital improvements on the Patriot Corridor, such as terminal expansions and track and signal upgrades. The companies also anticipate the construction of new intermodal and automotive terminals in the Albany area. The parties will seek approval for the transaction with the U.S. Surface Transportation Board. NS, Pan Am expand New York/New England capacity Pan Am Railways and Norfolk Southern have agreed to create an improved rail route between Albany, N.Y., and the Greater Boston, Mass., area called the Patriot Corridor. Investments in the Patriot Corridor are expected to improve track quality and customer service, boost train speed and reliability and increase capacity on the route. PAR and NS each will have a 50 percent interest in the newly-formed railroad company, called Pan Am Southern. PAR has agreed to transfer to the joint venture its 155-mile main line track that runs between Mechanicville (Albany), N.Y., and Ayer, Mass., along with 281 miles of secondary and branch CTA three-track work to be completed by yearend Chicago Transit Authority is accelerating construction work to realign the tracks at the Belmont and Fullerton Brown Line stations, allowing the agency to restore the southbound track to service by the end of 2008, six months earlier than previously announced. Southbound Brown, Red and 8 Railway Track & Structures June 2008 www.rtands.com http://www.rtands.com

Table of Contents Feed for the Digital Edition of Railway Track & Structures - June 2008

Railway Track & Structures - June 2008 Contents On Track Industry Today Supplier News AREMA News NRC News TTCI R&D Grade Crossings Provide Interface Between Railroads, Public Grade-Crossing Equipment & Materials Guide Fastener Suppliers Getting a Grip Grinding Plays Part in Rail Maintenance Big Picture Products and Literature People Calendar Sales Representatives Website Directory Advertisers Index Professional Directory Classified Advertising Chicago Perspective

Railway Track & Structures - June 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.