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12/21/2004



Rail News: Rail Industry Trends

New York Container Terminal assumes operation of Staten Island intermodal facility



Last week, New York Container Terminal Inc. (NYCT) took over operations of the former Howland Hook intermodal terminal in Staten Island, N.Y. The port terminal operations company and Port Authority of New York and New Jersey are spending more than $300 million to transform the terminal into a port featuring a 38-acre on-dock rail facility designed to handle 250,000 containers annually and a warehouse.

NYCT will focus on completing a $180 million project linking Staten Island to railroads' New Jersey mainlines and the on-dock rail facility to begin providing warehousing and distribution services. The company also is developing plans for a 1,200-foot berth that would be located adjacent to the terminal and built within two years.

Shippers using the on-dock rail/warehouse facilities will be able to cut transportation costs by using rail to reach New York-area distribution instead of trucking freight to central-New Jersey distribution centers, NYCT officials believe.

"Both New York City and the state were built on maritime commerce," said NYCT President and Chief Executive Officer Jim Devine in a prepared statement. "NYCT will bring back a maritime tradition to New York — our terminal will be a model for American container-handling operations."


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