GETTING CARGO ON TRACK
Congressional PORTS Caucus February 9, 2017 GETTING CARGO ON TRACK
Total Cost: $600 million
2 A GLOBAL GATEWAY AND ECONOMIC ENGINE
Largest port on East Coast Total Cost: $600 million Moving more than $200 billion of cargo per year
Generating nearly $7.1 billion in annual tax revenues
3 ONE PORT, MANY TERMINALS
Total Cost: $600 million
4 THE IMPORTANCE OF ON-DOCK RAIL
Reduces road congestion Total Cost: $600 million Significant environmental benefits
Efficient movement of goods
ExpressRail Elizabeth
5 THE IMPORTANCE OF ON-DOCK RAIL
Total Cost: Miles per Ton/Gallon $600 million
Rail 450
Truck 59
0 100 200 300 400 500 Miles ExpressRail Port Jersey
Source: Inland Rivers and Terminals 6 INVESTING IN HIGH CAPACITY
ExpressRail Construction Capacity TotalCompleted Cost: Facility Cost (Lifts/year)$600 million Port Newark $145 million 250,000 2014 Elizabeth $195 million 800,000 2014 Staten Island $73 million 200,000 2014 Port Jersey $187 million 250,000 2018
Total Cost: $600 million Total Capacity:1,500,000 lifts/year
7 DRIVING SUSTAINABLE CARGO GROWTH
Port of New York and New Jersey Container Volume and Rail Share Total Cost: 4,000,000 20.0% 3,500,000 $600 million 18.0% 16.0% 3,000,000 14.0% 2,500,000 12.0% 2,000,000 10.0% 1,500,000 8.0% 6.0% 1,000,000
Container Volume 4.0%
500,000 2.0% Rail % ofTotal Volume 0 0.0% 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016
Container Volume Rail Lifts
8 ON-DOCK RAIL: CONNECTING THE PORT TO THE COUNTRY
Total Cost: $600 million
9 A PORT INVESTING IN SUCCESS
$365 Million: $1.3 TotalBillion: Cost: Proposed Funding for Waterside Bayonne Bridge “Raise$600 the Roadway”million Project Infrastructure 2017-2026 Port Authority Capital Plan $180 Million: Unfunded Waterside Infrastructure Needs
10 WHAT PORTS NEED: FUNDING TO IMPROVE MARITIME INFRASTRUCTURE
Berth 3 Rehabilitation: Before Berth 3 Rehabilitation:Total Cost:After $600 million
11 COME VISIT US
Molly Campbell, Director, Port Department [email protected]
Nicholas Raspanti, Port Department, Government Relations, [email protected] Laurie Michel, Washington Office, Government Relations, [email protected]
Our Website: http://www.panynj.gov Portfolio Blog: http://portfolio.panynj.gov Twitter: @PANYNJ, @PortNYNJ www.councilonportperformance.com
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