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Joint Meeting of NYMTC and NJTPA
March 8, 2006
AN ALTERNATIVE TO TRUCKS AN ALTERNATIVE TO TRUCKS
Presented by: In association with:
The Raritan Express Corridor Joint Meeting of NYMTC and NJTPA - - PowerPoint PPT Presentation
The Raritan Express Corridor Joint Meeting of NYMTC and NJTPA - - PowerPoint PPT Presentation
AN ALTERNATIVE TO AN ALTERNATIVE TO TRUCKS TRUCKS The Raritan Express Corridor Joint Meeting of NYMTC and NJTPA March 8, 2006 Presented by: In association with: INTRODUCTIONS Raritan Central Railway, LLC Eyal Shapira President
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SHORT HAUL RAIL FREIGHT
THE BIG PICTURE
Utilize Existing Rail ROW and Infrastructure Handle Trips Otherwise Made By Truck Serve Dense Warehouse and Distribution Centers Support and Encourage:
- Creation of Freight Villages
- Development of Brownfield Sites
- Development of Inland Port Facilities
Stimulate Economic Growth
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Short Haul Maps.ppt
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INDUSTRIAL CENTERS
EXISTING INDUSTRIAL CENTERS Raritan Center and Heller Industrial Parks
- NJ Turnpike Interchange 10, Middlesex County
Forsgate Center International Trade Zone
- NJ Turnpike Interchange 8-A, Middlesex County
FUTURE INDUSTRIAL CENTERS Tremley Point
- NJ Turnpike Interchange 12, Union County
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IF WE BUILD IT…
Infrastructure Improvements
Reinstall Missing Section of the Raritan Industrial Track Rehabilitation of the Raritan Industrial Track Direct Connection Between Express Rail Terminal and the Chemical Coast Line to the south Additional Main on Chemical Coast Line Operating Agreements with Conrail
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…WHO WILL COME?
Existing Industries Expansion Potential
TNT Logistics – Regional and Global Supply Chain and Freight Forwarding Operations, Raritan Center The Home Depot – Warehouse/Distribution Activities, Cranbury South African Pulp and Paper, Inc (SAPPI) – Paper Product Manufacturing, Cranbury
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…WHO WILL COME?
Potentially Attracted Industries
Plastics Manufacturing – Basell – Polyethylene and Polyolefin Production Building Products – BlueLinx Corp. – Building Product Import, Export and Distribution Food Grade Distribution – Confidential Company, Mid-Western United States – Overseas Import/Export of Canned Goods
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PUBLIC ECONOMIC BENEFIT
Jobs Annual Wages Public Benefits 750 $36,113 $17,500,000 750 $36,113 $27,100,000 750 $36,113 $27,100,000 750 $36,113 $27,100,000 750 $36,113 $27,100,000
TOTAL $125,900,000
5-Year Planning horizon - First year benefits discounted by daily truck jobs lost Annual Wages obtained from U.S. Bureau of Labor 2004 Warehousing & Storage (NAICS 493) - $36,113 General Freight Trucking-Local (NAICS 484110) - $47,730
NJDOT RAIL BENEFIT ANALYSIS METHOD
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PUBLIC ECONOMIC BENEFIT
Category Public Benefits Direct Jobs $224,000,000 Property Tax $12,400,000 Highway Maintenance $6,400,000 Highway Safety $7,000,000 Air Quality Improvement $700,000 Shipper Logistics Savings $4,600,000
TOTAL $255,100,000
750 New Direct Jobs / 10-Year Planning Horizon Property Tax - 1,500,000 S.F. New Warehouse Space Highway Maintenance, Safety, Air Quality
- Removal of 104,000 Annual (400 Daily) Truck Trips
- Based on 60 NJ Roadway Miles From Allentown, PA
Shipper Logistics Savings - 400 Units Per Day
- Savings of $0.08 Per Truck Mile for 78 Miles
- Additional Cost of $0.045 Per Rail Mile for 20 Miles
CS FRIC BENEFIT ANALYSIS METHOD
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KEY PLAYERS
Public Agencies
Port Authority of New York/New Jersey NJ Department of Transportation NJ Transit County/Municipal Planning Departments
Industries / Rail Operators
Port Operators Conrail / CSX / Norfolk Southern
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NEXT STEPS
Funding / Implementation of Rail Infrastructure Improvements Operating Agreements between Raritan Central Railway and Track Owners Coordination with Express Rail Operators
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