railroad investment projects create jobs, stimulate economy

RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
$550 Billion In Private Investment Helps Keep America Competitive
Unlike trucks, barges, and airlines in the U.S., freight railroads do not strain the public purse. Privately owned railroads have spent $550 billion
since 1980 building, maintaining and growing their 140,000-mile rail network. That amount equals 40 cents of every revenue dollar. Even during
the economic downturn, America’s freight railroads spent approximately $25 billion annually to build and maintain the most efficient rail system in
the world. In 2014, that investment is expected to increase to an estimated $26 billion, helping to keep America competitive.
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
Chicago Region Environmental and Transportation Efficiency Program (CREATE)
Located in the nation’s busiest rail gateway, the CREATE project is designed to improve the efficiency and reliability of freight rail service through
Chicago, Ill. while reducing local traffic and passenger rail delays. A partnership between Illinois, Chicago, Metra, Amtrak, U.S. DOT, and six
railroads, CREATE includes construction of 31 new overpasses or underpasses; enhanced grade crossing safety; and extensive upgrades to
tracks, switches and signal systems.
PROJECT SUMMARY
Railroads: BNSF Railway, Can. Pacific,
Can. National, CSX, Norfolk Southern,
Union Pacific, Metra, Amtrak
COMPLETION
Projected 2030
ESTIMATED COST
Appx. $3 billion
PUBLIC BENEFITS
• 2,700 jobs created by 2030
• $1.1 billion in air quality improvements
• $595 million in safety benefits
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
Crescent Corridor
A partnership between Norfolk Southern (NS) and 13 states, the Crescent Corridor is a 2,500 mile rail infrastructure project stretching from the
Gulf Coast to the East Coast. By straightening curves, adding signals, and building new track and rail terminals, the project will enable NS to
handle increased traffic more efficiently and take more than one million trucks a year off our nation’s congested highways.
PROJECT SUMMARY
Railroad: Norfolk Southern
COMPLETION
2020
ESTIMATED COST
$2.5 billion
PUBLIC BENEFITS
• 47,000 jobs created by 2020
• 170 million gallons of fuel saved, annually
• 1.3 million trucks taken off highways, annually
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
National Gateway
When complete, CSX’s National Gateway will be a state-of-the-art rail corridor connecting Mid Atlantic seaports and consumption centers to
consumers and manufacturing centers in the Midwest. A partnership between CSX, six states and the District of Columbia, this project will create
jobs, help ease the burden on our nation’s highways, reduce highway maintenance costs and CO2 emissions, and allow businesses to ship
goods in a more efficient way.
PROJECT SUMMARY
Railroad: CSX
COMPLETION
2015
ESTIMATED COST
$842 million
PUBLIC BENEFITS
• 10,000 jobs created during construction
• 50,000 jobs created over 30 years
• 2 billion gallons of fuel saved over 30 years
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
Canadian Pacific’s 2011 North Dakota Investment Plan
In response to a rapidly growing ethanol industry and increased grain production, Canadian Pacific recently announced plans to invest $100
million in rail infrastructure in North Dakota. The plan includes capacity expansion projects, rail replacement and maintenance work, grade
crossing upgrades, and snow fence installation. CP also plans to grow its workforce in North Dakota by 18 percent, hiring 70 new employees to
expand its train crew base in 2011.
PROJECT SUMMARY
Railroad: Canadian Pacific
COMPLETION
2012
ESTIMATED COST
$100 million
PUBLIC BENEFITS
• 70 permanent jobs created
• Stimulates Midwestern economy through
enhanced rail efficiency
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
Santa Teresa Rail Facility
Union Pacific Railroad (UP) and the State of New Mexico recently announced a partnership to construct a state-of-the-art rail facility in the southern part of the state. The facility will create 3,000 jobs during the construction phase from 2011 to 2015. In addition, it will provide southern New
Mexico, for the first time ever, with a key inland port, positioning the Santa Teresa area as a strategic focal point for goods movement in the
southwestern U.S.
PROJECT SUMMARY
Railroad: Union Pacific
COMPLETION
2015
ESTIMATED COST
$400 million
PUBLIC BENEFITS
• 3,000 jobs created during construction
• 600 permanent jobs created
• $500 million in economic development for the state
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RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY
Select a Map ...
All Projects
Chicago Region Environmental and
Transportation Efficiency Program
(CREATE)
Cressent Corridor
National Gateway
North Dakota Investment Plan
Santa Teresa Rail Racility
Transcon Corridor
Transcon Corridor
Spanning 4,647 route miles and traversing 13 states, BNSF Railway’s Transcon Corridor connects the ports and markets in California and the
Southwest to the Midwest, Texas and the Southeast. BNSF has invested more than $1.8 billion in the corridor to expand capacity and reduce
congestion and emissions.
PROJECT SUMMARY
Railroad: BNSF Railway
COMPLETION
TBD
ESTIMATED COST
$1.8 billion
PUBLIC BENEFITS
• 9 million trucks taken off highways, annually
• 1 billion gallons of fuel saved, annually
• 11 million tons of greenhouse gases eliminated, annually
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