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The U.S. Department of Transportation (USDOT) recently chose CSX Transportation’s I-95 corridor as one of 14 finalists for a “Corridor of the Future” program.
A component of the USDOT’s transportation congestion reduction strategy formulated in May 2006, the program aims to identify key transportation corridors. The agency will select up to five Corridors of the Future in summer.
CSXT has established a long-term plan to address increasing passenger and freight traffic on the 1,200-mile I-95 corridor between Washington, D.C., and Miami. As part of its capital spending budgets of $1.5 billion in 2007, $1.6 billion in both 2008 and 2009, and $1.7 billion in 2010, the railroad will build and improve track and facilities along the route.
“We believe the corridor will serve as an example of how well-planned, comprehensive investment in rail infrastructure can support personal mobility and economic development, while improving safety and environmental practices,” said CSXT Executive Vice President and Chief Operating Officer Tony Ingram in a prepared statement.
5/31/2007
Rail News: Rail Industry Trends
USDOT selects CSXT's I-95 route as one of 14 transportation corridors of the future
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The U.S. Department of Transportation (USDOT) recently chose CSX Transportation’s I-95 corridor as one of 14 finalists for a “Corridor of the Future” program.
A component of the USDOT’s transportation congestion reduction strategy formulated in May 2006, the program aims to identify key transportation corridors. The agency will select up to five Corridors of the Future in summer.
CSXT has established a long-term plan to address increasing passenger and freight traffic on the 1,200-mile I-95 corridor between Washington, D.C., and Miami. As part of its capital spending budgets of $1.5 billion in 2007, $1.6 billion in both 2008 and 2009, and $1.7 billion in 2010, the railroad will build and improve track and facilities along the route.
“We believe the corridor will serve as an example of how well-planned, comprehensive investment in rail infrastructure can support personal mobility and economic development, while improving safety and environmental practices,” said CSXT Executive Vice President and Chief Operating Officer Tony Ingram in a prepared statement.
