Monday, July 20, 2009

Crescent Corridor a maturing concept

Norfolk Southern Caps Rail Yard Plans With Few Objections

Memphis Daily News - TN, USA

Phil Bredesen, Norfolk Southern CEO Wick Moorman and landowner William Adair (from left) at last week's event to announce the site selection....

...The facility will be able to accommodate more than 327,000 containers and trailers annually, and up to 2,177 parked containers and trailers on chasses...

...It will serve as a key component of the railroad’s Crescent Corridor, a 2,500-mile, $2.5 billion public-private rail network linking the southeastern and northeastern U.S. and designed to take 1 million long-haul trucks off the road...

...Construction should begin on the Memphis Regional Intermodal Terminal once a few hurdles are cleared, including rezoning of the land to industrial plus the requisite site plans and building permits. Also, the railroad and the state will need to build an overpass on Tenn. 57 under which the rail spur into the intermodal yard can pass. “This is a great site for us,” Moorman told The Daily News. “The Crescent Corridor is a concept that’s matured over the past six or seven years...

http://www.memphisdailynews.com/editorial/Article.aspx?id=43721

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