CSX announces National Gateway progress
CSX Transportation has announced that it has work completed or construction underway at one-third of the clearance projects included in the National Gateway, keeping the major American infrastructure initiative on track for completion by 2015.
The National Gateway is a public-private partnership that will create a double-stack freight rail corridor between Mid- Atlantic sea ports and the Midwest. The improvement projects are designed to increase the vertical clearances at 61 locations on CSX rail lines in the region to accommodate intermodal trains carrying double-stack intermodal containers.
CSX recently announced that it will invest an additional $160m to complete the National Gateway. The investment brings CSX’s planned private investment in the infrastructure project to approximately $575m over several years. One of the nation’s largest transportation projects, the National Gateway will create a more efficient intermodal network and expand double-stack capabilities, which will increase the amount of freight that can be transported on a single train. CSX is targeting a 2015 completion date for the project to coincide with the expansion of the Panama Canal, which is expected to bring more traffic through East Coast ports.
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