CSX Transportation – How Tomorrow Moves July 22, 2010
CSX connects the nation and the globe
The 23 State CSX Network…
21,000 route miles
5 million+ carloads
80,000+ freight cars
Serves 70 ocean, lake and river ports
CSX reinvests 18% of revenue each year into the network.
In Ohio Alone…
Nearly $200 million in compensation
1,900 railroad miles
3,100 at-grade public and private rail crossings
Nearly $100 million re-invested into the rail network.
. . . Gulfport Pascagoula Mobile . Port Manatee . . . . . Brunswick Savannah Charleston Wilmington Newport News
Short Line Railroads Extend the Economic Reach of Rail with easy access to CSX mainlines. And with our partners…
National Transportation Demands and Trends
Transportation demand is on the rise and congestion is getting worse Today Today 2020 Source: USDOT FHWA Freight Analysis Framework CSX Territory
CSX is working to meet these challenges
Increased need for supply chain flexibility
Shifting global supply chains
Globalization, Panama Canal expansion favor diversification to East Coast ports
Intermodal freight transport increasingly critical to meeting nation’s transportation needs
Combined efficiency of freight rail and flexibility of highway transportation
National Gateway: Critical to meeting future freight demands NW Ohio Transfer Yard Pittsburgh Chambersburg Columbus Charlotte
61 clearance projects in 6 states and the District of Columbia to achieve 21’0” clearance.
Construction work varies from minor modifications to complete reconstruction of bridges, tunnels and other infrastructure.
6 new/enhanced terminals along the National Gateway corridors utilizing the latest technology.
80% of Total Project Costs are Committed
BWI Current and Planned Double Stack Routes National Gateway Project Chicago New York Florida Boston St. Louis Memphis New Orleans Wilmington Hampton Roads Baltimore
National Gateway provides solutions to our nation’s challenges, over $10 billion in public benefits* *2009 TIGER Application and tax/wage information
Stimulates the economy
Creates over 50,000 jobs and provides economic development through terminal construction.
Positions U.S. to compete in a global economy
The National Gateway improves the efficiency of our transportation network and provides over $3.5 billion in shipper and logistics cost savings.
Reduces highway maintenance costs, congestion and improves safety
The National Gateway improves safety and highway congestion by maximizing the efficiency of freight rail and partnering with trucking companies to provide significant emissions benefits and converting 14.3 billion highway miles traveled to rail.
Lessens greenhouse gas emissions and helps improve air quality
The National Gateway will improve the flow of freight by rail, reducing fuel consumption by 2 billion gallons. This improved fuel efficiency saves over 20 million tons of CO2.
CSX: How Tomorrow Moves…Responsibly
Rail is sustainable
Rail has the lowest carbon footprint of all modes,
About 1/3 rd of truck
1 ton of freight moves 436 miles on one gallon of fuel
Rail is Safest land mode of transportation
Rail creates NO congestion of the State and Federal Highways
Rail is good for National Security (better control and supervision of shipments)
Rail creates value for shippers
Shippers and receivers want to use rail
CSX Transportation, Inc. is the largest railroad in the Eastern United States and serves over 70 U.S. ports
Carbon Calculator @ www.CSX.com Rail can eliminate 2/3rds of the CO 2 versus truck Corporate Responsibility: Shippers want to minimize the carbon footprint of their product
What Travels by Rail?
If it’s in your life, it’s been on our trains…
Coal and other Fuels
A great track record together : CSX and Economic Development Partners
On average over the past three years we have:
Won 129 new/expanded business
Created 6,000 new jobs
Created $4 billion in local investment
With household names like these:
CSX Partners for Local Economic Development
Rail Served Communities can create a rail advantage for economic development
All communities which have rail access will have:
Improved access directly into the CSXT high speed rail network
Access to the national rail network
Access to all major US markets and international ports
to global markets
Improved service due to CSXT access redesign
The cost advantage of rail service
A competitive advantage for site location
(Industrial companies requiring rail access for site selection has increase from 10-40% in the past 8 years – source: Deloitte Consulting )
Sustainable transportation is a major factor in demand for rail
and the rail industry is investing private capital to support a cleaner environment
Partner with CSXT to grow local companies, tax base, jobs
Together we make a great team!
Sustainable transportation for a Growing American Economy
A Public Private Partnership - Let’s Grow Together!