New York/New Jersey expands rail incentive

Previously the port authority initially only offered shippers the incentive for each additional container transported by rail above the number they transported during 2008. The move by the Board of Commissioners has been made to encourage shippers to transport their cargo via new rail routes rather than by truck.

“This incentive program leverages our US$600m investment in on-dock rail and will help further reduce congestion on our local roads and improve local air quality,” said Port Authority chairman Anthony Coscia.

“At the same time, expanding the reach of ExpressRail will help ensure our port remains one of the region’s leading sources of jobs and economic activity and the East Coast’s premier shipping destination,” he added.