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11/30/2009
Rail News: Rail Industry Trends
Stimulus dollars to help fund rail spur rehab on Long Island
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Sen. Charles Schumer (D-N.Y.) and Rep. Tim Bishop (D-N.Y.) recently announced New York Gov. David Patterson has certified the use of $4.8 million in stimulus funds to rehabilitate a Calverton, N.Y., rail spur at a Long Island industrial park.
New York & Atlantic Railway Co. will serve the industrial park and work with the town of Riverhead to attract businesses to the area.
The project calls for reactivating a spur that was constructed by the Grumman Corp., which shut down operations at the Naval Weapons Industrial Reserve Plant in the late 1990s. Currently, rail moves less than 2 percent of all freight on Long Island.
New York & Atlantic Railway Co. will serve the industrial park and work with the town of Riverhead to attract businesses to the area.
The project calls for reactivating a spur that was constructed by the Grumman Corp., which shut down operations at the Naval Weapons Industrial Reserve Plant in the late 1990s. Currently, rail moves less than 2 percent of all freight on Long Island.
