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Double-Stacked Train Project Wins $98M Grant |
Материал из категории News of logistics (in English) |
24.12.2010 09:15 |
Метки (тэги, tags): The U.S. Department of Transportation and the Ohio Rail Development Commission have reached an agreement releasing $98 million from the American Recovery and Reinvestment Act (ARRA) to the National Gateway project. Work can now begin on improvements that will allow double-stacked trains to move freely from northwest “This Recovery Act money will help move goods more efficiently among the four states and strengthen the economy up and down the east coast,” says DOT Secretary Ray LaHood. “Moving more goods by rail means less congestion on our highways and reduced fuel emissions.” The National Gateway Initiative will allow trains to carry double-stacked containers, which it is hoped will increase freight capacity and make the corridors a cost-effective option for major ports and shippers. This new project is also expected to help reduce greenhouse gas emissions and fuel usage, shorten transport times and expand access to rail services. Stretching from northwest The National Gateway is expected to cost $842 million and is being funded through a public-private partnership. The public funds committed to the project are matched by more than $400 million in private funding. The momentum behind the National Gateway continues to build as construction of the intermodal terminal in northwest
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