CSX Plans $100 Million Intermodal Rail Terminal In Quebec, Canada
Michael J. Ward, CSX’s Chairman, President and Chief Executive Officer, said the new $100 million project will enable shippers in the region to capitalize on the economic and environmental benefits of intermodal rail, expand on the north-south trade opportunities offered by NAFTA, and connect to new markets. The project is expected to create about 600 jobs during construction and lead to the creation of more than 300 permanent jobs when completed. Construction is expected to start in this spring, with the facility starting operations by 2015.
“We believe this new terminal will provide immediate and long-term benefits to Quebec and to Salaberry-de-Valleyfield,” said Ward. “The terminal will provide an anchor for the development of new business, helping boost the economy and create jobs while helping the environment and reducing congestion on the highways. Trains serving the terminal will connect through the Northwest Ohio intermodal hub, offering quick and efficient access to markets across the United States.” It is estimated the new facility will handle up to 100,000 containers per year, using modern, rubber-tire gantry cranes to transfer containers between trains and trucks.
As part of the project, the province of Quebec and Salaberry-de-Valleyfield will make improvements to the road network in the immediate vicinity of the terminal. In addition Quebec Ministry of Transportation is supporting the project through a $6 million grant for the reduction of greenhouse emissions. The project is subject to regulatory approval from the Canadian Transportation Agency.
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