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Rail News: Intermodal

New York, New Jersey port authority accelerates rail projects

The Port Authority of New York and New Jersey (PANYNJ) is stepping up rail projects at the Port Newark and Elizabeth-Port Authority Marine terminals. Last week, the authority announced it has authorized $141 million for the projects and will complete the work two years sooner than expected.

To be completed between 2007 and 2009, the projects include building a second lead track to ExpressRail Elizabeth and completing the facility’s on-dock, 18-track rail terminal; and constructing the ExpressRail Corbin Street rail support facility, which will integrate rail traffic from the three on-dock ExpressRail facilities.

“Rail volume at the port has grown an average of 17 percent a year over the last 10 years,” said PANYNJ Chairman Anthony Coscia in a prepared statement. “That growth will continue over the next five to 10 years, which is clear evidence that our investments in rail are needed now.”

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More News from 5/4/2005