CSX pledges $160M for tunnel expansion Posted 05.19.2011
The Washington Business Journal (DC)
A century-old train tunnel in the District will be upgraded, after railroad company CSX pledged $160 million on Wednesday to help ease a major bottleneck that currently limits cargo passing through the Washington region, the Washington Examiner reported.
The money means that the freight shipper can start a long-sought process to expand the Virginia Avenue Tunnel that runs from Second Street to 11th Street just below the Capitol in Southeast. The project will widen and increase the height of the tunnel so trains can carry a double-stacked load of shipping containers, according to the Examiner.
CSX invests another $160 million into National Gateway project Logistics Management Posted 05.19.2011
By Jeff Berman
Class I railroad carrier CSX announced this week that it will make a $160 million investment over the next several years to help complete an ambitious railroad infrastructure project, the National Gateway.
The National Gateway is a roughly $850 million public-private partnership (PPP) infrastructure initiative designed to provide a highly efficient freight transportation link between the Mid-Atlantic ports and the Midwest. It was first unveiled by CSX in May 2008.
“Through the ...
CSX Commits Funding to National Gateway, Virginia Avenue Tunnel Expansion Project Posted 05.19.2011
The Hill is Home (Online)
By Kyra Deblaker-Gebhard
CSX announced on Wednesday that the company now has the funds and the federal partner needed to begin the Virginia Avenue tunnel expansion project. CSX will contribute $160 million over the next several years to complete the National Gateway project, with the majority of the investment being used to expand the 107-year-old Virginia Avenue tunnel in Southeast. The company also announced its federal partner in the project ...
CSX to spend $160M on N.E. infrastructure Posted 05.19.2011
The Jacksonville Business Journal (FL)
By Mark Szakonyi
CSX Corp. announced Wednesday that it plans to spend $160 million over the next several years to complete a project that will better connect the mid-Atlantic ports and the Midwest.
The Jacksonville-based railway said in a news release that the majority of the money will be spent to expand and improve the century-old Virginia Avenue Tunnel in Washington, D.C., and create double-stack train clearances in Maryland ...