NYNJ approves intermodal investment
The Port Authority of New York and New Jersey has approved a US$356m investment programme to improve the rail connectivity of the port’s container terminals.
Global Terminal in New Jersey which will operate and maintain the facility and contribute around US$15m for rail-mounted gantry cranes, will be able to send and receive containers by rail as next-door Greenville Yard will be redeveloped to include a new ExpressRail facility.
The facility is expected to be operational by July 2016 and have an annual capacity of 125,000 cargo container lifts a year; there will be a charge on every container passing through it.
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