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New York to invest US$100m in maritime and rail assets

July 18, 2018
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New York to invest US$100m in maritime and rail assets

The initiative hopes to reduce New York's reliance on trucks

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Freight NYC, a US$100m plan, has been unveiled, aiming to overhaul New York City’s aging freight distribution systems through strategic investments to modernise maritime and rail assets and create new distribution facilities.

Looking to find alternative forms of transport to diesel trucks, the strategy includes the development of barge terminals and distribution centres and offering incentives for the use of cleaner fuels.

Mayor Bill de Blasio said: “Freight NYC is an investment in our city’s future. By modernising our approach to shipping, we will create thousands of good-paying jobs while keeping our streets safer and cleaner.”

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