Public-Private Partnership Would Create Jobs, Reduce Fuel Consumption and CO2
Emissions, and Alleviate Highway Congestion
CHAMBERSBURG, Pa., Dec. 5 /PRNewswire/ -- At a National Gateway coalition
event hosted by CSX Chairman and CEO Michael Ward, Pennsylvania Governor
Edward G. Rendell today announced his support for the National Gateway's goal
of creating a state-of-the-art, double-stack transportation corridor
connecting manufacturing centers in the Midwest with deepwater ports on the
The event was held at a CSX Intermodal Terminal in Chambersburg,
Pennsylvania, that serves as a key transportation link connecting shippers
with both truck and rail service.
"This terminal is a prime example of the kind of economic growth that
comes from investing in our infrastructure," said Governor Rendell. "I will
do my part as Governor, but states cannot address these needs alone. I look
forward to a national partnership so we can design and implement strategies
for smarter, environmentally-friendly, more cost-effective infrastructure
investment such as through groundbreaking public-private partnerships."
The National Gateway is a public-private partnership that includes CSX,
large and small business interests, logistics companies, state and local
governments, and economic development agencies.
"The challenge of meeting our nation's surface transportation needs is too
big for any single industry -- never mind any single company -- to accomplish
independently," said Michael Ward, chief executive officer for CSX. "The
partnership you see here today exemplifies the future of our nation's
A 2007 study commissioned by the Association of American Railroads
estimated that investments of $148 billion will be required over the next 27
years to meet the projected growth in demand for rail freight transportation.
The National Gateway plan envisions another new intermodal terminal in the
greater Pittsburgh area in the future.
In addition to stimulating Pennsylvania's economy, overall, the National
Gateway will lower CO2 emissions by over 4 million tons, save businesses over
$2 billion in shipping costs, reduce fuel consumption by nearly 500 million
gallons, and reduce congestion on the highways by moving 2 million intermodal
containers by rail, rather than over-the-road.
CSX Corporation, a National Gateway sponsor based in Jacksonville, Fla.,
is one of the nation's leading transportation companies, providing rail,
intermodal and rail-to-truck transload services. The company's transportation
network spans approximately 21,000 miles, with service to 23 eastern states
and the District of Columbia, and connects to more than 70 ocean, river and
lake ports. More information about CSX Corporation and its subsidiaries is
available at the company's web site, www.csx.com .
SOURCE CSX Corporation
Robert Sullivan of CSX Corporation, +1-877-835-5279
Web site: http://www.csx.com