Ground broken for new intermodal rail facility
by For the MBJ
Published: May 2,2011
ROSSVILLE, Tenn. — Norfolk Southern CEO Wick Moorman and Tennessee Gov. Bill Haslam recently joined state and local dignitaries and business and community leaders at the groundbreaking for the new Memphis Regional Intermodal Facility in Rossville, Tenn.
The $105-million facility is part of the multi-state $2.5-billion Crescent Corridor initiative to establish an efficient, high-capacity intermodal freight rail route between the South and the Northeast on Norfolk Southern’s rail network.
The new facility will be built on 380 acres in Fayette County, Tenn., and is expected to open in late 2012.
The groundbreaking was the second of four new Crescent Corridor intermodal terminals to be constructed or improved over the next two years.
“The Memphis intermodal facility will be an anchor of Norfolk Southern’s Crescent Corridor rail route connecting the Northeast and Southeast with high-speed, reliable, truck-competitive intermodal services,” said Wick Moorman, Norfolk Southern’s CEO. “We greatly appreciate the continued support of Mississippi Gov. Haley Barbour, Mississippi DOT and the Marshall County Industrial Development Authority for their awareness of the benefits that the project will have for the surrounding region.”
The Crescent Corridor is a program of independent projects and improvements geared toward creating a high-capacity, 2,500 mile intermodal route from New Jersey to Louisiana that touches 26 percent of the nation’s population and 30 percent of the nation’s manufacturing output. It provides the shortest intermodal double-stack route between the South and the Northeast.
Source: Norfolk Southern
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- JACKSON JILTED —Southwest Airlines pulling up stakes and leaving Mississippi
- Eye clinic operator faces Medicaid fraud charges
- Mega-load move could cause traffic issues
- NEW ORLEANS SAINTS MOVING — Mississippi company has the task of moving the football team
- M&F branches to close as Renasant wraps up merger
- Gaming Commission gives nod to Coast city's first casino
- New owners plan cautious change for Highland Village
- Hood issues opinion on open-carry gun law
- Aldermen review adult business ordinance, call public hearing
- New boutique hotel to replace Oxford’s Downtown Inn