The Greenville Yard will support the adjacent Global Marine Terminal. This will allow the terminal to ship and receive containerized cargo by rail, a capability that it lacks today. The facility will have an initial capacity of at least 125,000 cargo container lifts a year, and it is expected to be operational on or about July 2016.
The total cost of the program is approximately $356 million, of which the Port Authority will contribute approximately $320 million; approximately $36 million will be contributed by third-party stakeholders. Of the $320 million in Port Authority funding, approximately $234 million will be reimbursed through a combination of federally earmarked funds, grants and the Port Authority’s Cargo Facility Charge. Under the board’s action, the project is conditioned on the continued availability of the Cargo Facility Charge, which is used to pay for the costs of certain road, rail and common infrastructure improvements. The charge is being challenged at the Federal Maritime Commission.
There are similar ExpressRail facilities for container terminals in Newark and Elizabeth, N.J., and on Staten Island, N.Y.
The board also approved a series of improvements to the cross-harbor car float system operated by NY-NJ Rail that moves freight more efficiently by both water and rail (as opposed to truck) between New Jersey and markets east of the Hudson River, including New York City and Long Island.
Cargo coming on and off the Global Terminal today is transported to and from its final destination primarily by truck. The new facility will allow for transloading of containerized cargo from ship to rail, which the port authority said offers ocean carriers and their customers “a more efficient and environmentally-friendly option for goods movement.”
In addition, the program also calls for an upgrade to the NY-NJ Rail operation, which is owned by the Port Authority and operates the last cross-harbor barge or “carfloat” system on the Hudson River. Under the system, freight is loaded on rail cars and the cars are moved by marine rail barge from Greenville to rail yards at 51st Street and 65th Street in Brooklyn, N.Y. Cargo delivered to Brooklyn is either delivered to local customers or handed over to another railroad to reach its final destination.
The new ExpressRail Port Jersey includes the construction of approximately 10,000 feet of working track, 32,000 feet of support track, and switches and infrastructure to support rail-mounted gantry cranes at the facility.
The upgrades to the New York-New Jersey carfloat system include construction of up to two new transfer bridges at Greenville, and related lead and support tracks; the purchase of two larger carfloats, each with the capability of transporting 18 rail cars; and the purchase of up to four new, ultra low-emission locomotives to replace existing ones that have outlived their useful lives.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now