THE PORT AUTHORITY OF NY & NJ

Press Release Article


PORT AUTHORITY BOARD APPROVES MAJOR REDEVELOPMENT OF GREENVILLE YARD TO IMPROVE CARGO MOVEMENT IN THE PORT

Date: Sep 17, 2014
Press Release Number: 190-2014

Plans for New Ship-To-Rail Facility and Upgraded Cross-Hudson Barge Service will Reduce Truck Traffic on Local Roads, Improve the Environment

The Port Authority Board of Commissioners today approved a major redevelopment of Greenville Yard that will include a new ExpressRail facility – the fourth of its type to be built by the agency – that 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 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.

The total program cost is approximately $356 million, of which the Port Authority will contribute approximately $320 million and 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 within the Port of New York and New Jersey.

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, offering ocean carriers and their customers a more efficient and environmentally friendly option for goods movement. The facility will have an initial capacity of at least 125,000 cargo container lifts a year, and is expected to be operational on or about July 2016.

In addition, the program calls for a significant upgrade to the NY-NJ Rail operation, which is owned by the Port Authority and operates the last cross-harbor car float system on the Hudson River. Under the system, freight is loaded on rail cars and the cars are moved by marine rail barge (carfloat) 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 program, when completed, will provide significant environmental benefits, including reductions to vehicle travel time, fuel consumption and a reduction in air emissions. As a result of the projects, 1.6 million metric tons of carbon monoxide emissions will be avoided over a 30 year period, 142 million gallons of diesel fuel will be saved and 17.1 million truck trips on local roads will be avoided.

Certain off-site improvements to the freight rail network in northern New Jersey also will be made to ensure it is equipped to handle the additional rail activity that will be generated by the redeveloped Greenville Yard. In addition, Global Terminal will contribute approximately $15 million for the procurement and installation of rail-mounted gantry cranes at the ExpressRail facility. Once construction is completed, Global will be responsible for the operation and maintenance of the facility.

"Striking a balance in freight transportation is critical if we are to continue the efficient, environmentally sustainable movement of people and goods throughout the region," said Port Authority Chairman John Degnan. "This investment will yield major benefits by providing new rail and barge options to meet the growing freight traffic in this busy metropolitan area."

"The investment that we're making in the Greenville Yards project demonstrates the Port Authority's commitment to a cleaner, more efficient movement of freight while improving the competitiveness of our port business," said Port Authority Vice Chairman Scott Rechler. "This project will reduce the number of trucks on our highways and curb harmful emissions while maximizing the use of our waterways and freight rail system to reduce traffic congestion and to improve the quality of life for those who live and work in the region."

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 car floats, 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.

CONTACT:
Port Authority of New York and New Jersey
212-435-7777

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.