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 � Edwards and Kelcey, Inc. Scott Parker – Assoc Vice President � Cambridge Systematics, Inc. David Hunt – Senior Associate
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
Short Haul Maps.ppt
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
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
…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
…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
PUBLIC ECONOMIC BENEFIT NJDOT RAIL BENEFIT ANALYSIS METHOD 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
PUBLIC ECONOMIC BENEFIT CS FRIC BENEFIT ANALYSIS METHOD 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
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
NEXT STEPS � Funding / Implementation of Rail Infrastructure Improvements � Operating Agreements between Raritan Central Railway and Track Owners � Coordination with Express Rail Operators
OPEN DISCUSSION Thank you for your time and interest. We would be happy to address any questions or comments. In addition, please feel free to contact us at any time with your questions, comments or suggestions. Eyal Shapira EyalShapira @ aol.com Scott Parker sparker @ ekmail.com David Hunt Dhunt @ camsys.com
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