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Jan. 25, 2013 /PRNewswire/ -- CSX Corporation (CSX) and its transportation and intermodal terminals subsidiaries today announced an expansion of the company's intermodal presence in the greater
Montreal region and Quebec. CSX's intermodal terminals subsidiary will build a new 36-hectare (89-acre) intermodal rail terminal in the
City of Salaberry-de-Valleyfield in
Quebec, connecting the region with CSX Transportation's (CSXT) 34,000 kilometer (21,000-mile) rail network in
the United States.
Michael J. Ward, CSX's Chairman, President and Chief Executive Officer, made the announcement today in
Salaberry-de-Valleyfield at a press conference with
Quebec's Transport Minister
Sylvain Gaudreault and
$100 million project will enable shippers in the region to capitalize on the economic and environmental benefits of intermodal rail, expand on the north-south trade opportunities offered by NAFTA, and connect to new markets. The project is expected to create about 600 jobs during construction and lead to the creation of more than 300 permanent jobs when completed. Construction is expected to start in the spring of 2013 and the terminal is expected to open in 2015.
"We believe this new terminal will provide immediate and long-term benefits to
Quebec and to
Salaberry-de-Valleyfield," said Mr. Ward. "The terminal will provide an anchor for the development of new business, helping boost the economy and create jobs while helping the environment and reducing congestion on the highways."
Trains serving the terminal will connect through the
Northwest Ohio intermodal hub, offering quick and efficient access to markets across the United States.
Located in the Perron Industrial Park, the terminal will be close to the newly-completed Autoroute 30, providing easy access to the greater
Montreal distribution and consumption market. As part of the project, the province of
Salaberry-de-Valleyfield will make improvements to the road network in the immediate vicinity of the terminal. The Quebec Ministry of Transportation will also support the project through a
$6 million grant for the reduction of greenhouse emissions.
The terminal is expected to handle up to 100,000 containers per year, using modern, rubber-tire gantry cranes to transfer containers between trains and trucks.