Railroaders place to shoot the shit.

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Opinion: The seeds of job growth: The Heartland Corridor


500 - Internal Server Error

Status: Offline
Posts: 36511
Date:
Opinion: The seeds of job growth: The Heartland Corridor
Permalink  
 


Opinion: The seeds of job growth: The Heartland Corridor

(The following column by U.S. Rep. Nick Rahall (D-WV) appeared on the Williamson Daily News website on January 23, 2010. He represents West Virginias 3rd District.)

WILLIAMSON, W.Va. The Norfolk Southern rail line that traverses southern West Virginia will soon see its tracks laden with double-stacked cargo containers increasing shipping and freight jobs opportunities here with the development of a multi-modal port that merges highway, rail and river on the bank of the Big Sandy in Wayne County. All of this is thanks to a southern West Virginia home grown enterprise and a small study undertaken to identify the efficiency of commodities flowing through our regional economy. From that seed a multi-million dollar project blossomed for increasing tunnels size and port development.

The American transportation system is one of our Nations greatest assets. It is vital to our existence, a vehicle for achieving the American dream, and a broad boulevard that leads us beyond our competition in the 21st Century.

Here at home in West Virginia, our economic success begins with transportation investment producing more advantageous avenues for business and industry to keep and expand jobs.

How do we best grow a national system of transportation? It begins with the seeds of research, training and education. Hatching ideas from universities is time honored here in our country. Higher education is the goose that lays the golden egg for so many aspects of our economy.

Building upon this notion, we have created a national network of University Transportation Centers (UTCs). One of the strong accomplishments of University Transportation Centers is the practical research they put to work putting our country to work. Recently, I was honored to receive the Award for Lifetime Achievement in Transportation Research and Education from the Council of University Transportation Centers (CUTC). The council serves as a clearinghouse and coordinating arm of our UTCs across the country. Our own, Bob Plymale, state senator and Rahall Transportation Institute director, serves as president of this national council, devoting his time, expertise, and a West Virginia lets get the job done spirit to the councils mission.

UTCs connect some of our nations best and brightest minds in the field of transportation research, technology transfer and education, and work with local governments to address public needs. The academic institutions, government agencies, industry partners and organizations involved are modern day pioneers who are forging pathways to opportunity for the American people.

While each university center may have a unique mission, together they address our countrys needs for moving goods and services using highways, railways, waterways and much more. Supporting our jobs and industry today and to grow tomorrows opportunities, we know depends on our ability and efficiency in connecting people and places.

To foster job growth, attract industry and find funding resources, we must continue to focus on our three Cs Connect, Create, and Communicate. We must create and connect ideas with research and results. One of the best examples of this is the Rahall Transportation Institute at Marshall University.

Over 10 years ago, I was a key architect of the Transportation Equity Act for the 21st Century, known as TEA 21. In that bill through a $12 million federal grant, I established the Rahall Transportation Institute (RTI) a consortium of southern West Virginia colleges and universities which has included: Bluefield State College; Marshall University; Marshall University Community and Technical College; Mountain State University; Southern West Virginia Community and Technical College; and, West Virginia University Institute of Technology. In the 2005 Transportation Act, RTI was awarded $16 million in federal investment I secured under the bill. RTI was responsible for the Heartland Corridors study I referenced earlier. Its mission for Appalachia is clear in its motto, building jobs through transportation.

When we come together and pooling our minds, our experience, our muscle, and yes our money we, resourceful and inspired West Virginians can tackle age-old challenges and craft creative solutions that will help our region gain and hold a competitive edge for years to come.



__________________

© Equal Opportunity Annoyer

Troll The Anti-Fast Freight Freddie

 

 

 

 



Force Majeure

Status: Offline
Posts: 23406
Date:
Permalink  
 



__________________

 I think LAMCo is done with the neo-nazi CSX rejects -- Pipes FC 8/5/23



Upgraded Condition

Status: Offline
Posts: 15628
Date:
Permalink  
 

Ships are lining up now, jockeying for docking position. Don't let Snippy's cynicism fool you. Deep harbor and canal to Crewe is rumored, TU.

__________________

Chilean Night Skies

Uke


Cured

Status: Offline
Posts: 26926
Date:
Permalink  
 

Norfolk Southern Executives: Seeing Improvement In Most Core Markets
Dow Jones

Norfolk Southern Corp. (NSC) executives said Wednesday that business conditions are improving in most of the railroad's core markets, albeit slowly.

"We remain optimistic that we will see gradual but visible recovery" in most freight segments this year, Executive Vice President Donald Seale told analysts on a post-earnings conference call.

The comments echoed similar views from Union Pacific Corp. (UNP), Burlington Northern Santa Fe Corp. (BNI) and CSX Corp. (CSX), all which posted declines in overall fourth-quarter freight volume but said trends appeared to be improving.

Norfolk Southern, the last of the top four U.S. railroads to report fourth- quarter results, said its quarterly volume slipped 9% overall from the year-ago period. But the figure marked Norfolk Southern's best quarterly performance of 2009, as well as a substantial improvement from a 20% decline in the third quarter.

"We expect to maintain the volume momentum from the fourth quarter as we head through the year," Seale said.

He stopped short of providing an overall volume forecast for 2010. But the company said it expects all of its business segments either to be up or flat, aside from the international intermodal sector.

The railroad said it expects its volume of automobile-related shipments to be flat to up slightly in 2010, despite Toyota Motor Corp.'s (TM) decision Tuesday to halt sales of eight popular models.

Norfolk Southern counts Toyota as a major customer, but Seale called the auto maker's decision "a short-term phenomenon" that won't have a material impact on the first quarter or full year.

Meanwhile, the railroad said it raised core prices an average 4% in the fourth quarter, and 6% for the full year. It declined to reveal its precise plans for 2010 pricing, expect to say it expects an increase "above the rate of rail inflation."

-By Bob Sechler, Dow Jones Newswires; 512-394-0285; bob.sechler@dowjones.com



__________________

Hmm. That address doesnt look right.
It looks like the link pointing here was faulty.

Gah. Your tab just crashed.

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Chatbox
Please log in to join the chat!