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Rail News: Intermodal
8/1/2012
Rail News: Intermodal
PANYNJ's ExpressRail posted cargo gain in first half
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The Port Authority of New York and New Jersey’s (PANYNJ) ExpressRail terminals posted a record 10 percent cargo gain during the first half of 2012. Port terminals in Elizabeth and Newark, N.J., and Staten Island, N.Y., handled a total of 228,298 containers.
The New York Container Terminal at Howland Hook in Staten Island reported the biggest increase in rail cargo, which climbed 45 percent compared with the same six-month period in 2011.
The overall volume increase validates the $600 million the authority spent to build the ExpressRail system, PANYNJ officials said in a prepared statement. The authority built an 18-track facility that straddles the APM and Maher terminals at the Elizabeth-Port Authority Marine Terminals, and constructed a second lead track that allows trains to simultaneously move in and out of the ExpressRail Elizabeth facility.
“The investments we have made in rail and other critical port infrastructure demonstrate our commitment to facilitating global commerce and ensuring that our ports are ready to handle cargo volumes from around the world,” said Vice Chairman Scott Rechler.
The New York Container Terminal at Howland Hook in Staten Island reported the biggest increase in rail cargo, which climbed 45 percent compared with the same six-month period in 2011.
The overall volume increase validates the $600 million the authority spent to build the ExpressRail system, PANYNJ officials said in a prepared statement. The authority built an 18-track facility that straddles the APM and Maher terminals at the Elizabeth-Port Authority Marine Terminals, and constructed a second lead track that allows trains to simultaneously move in and out of the ExpressRail Elizabeth facility.
“The investments we have made in rail and other critical port infrastructure demonstrate our commitment to facilitating global commerce and ensuring that our ports are ready to handle cargo volumes from around the world,” said Vice Chairman Scott Rechler.
