CSX Virginia-Florida Route Chosen As "Transportation Corridor Of The Future"
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5/31/2007 Key Corridors
USDOT Selects CSXT's Virginia-Florida Route as One of 14
Transportation Corridors of the Future
The U.S. Department of Transportation (USDOT) recently chose CSX
Transportation's I-95 corridor as one of 14 finalists for a "Corridor
of the Future" program.
A component of the USDOT's transportation congestion reduction
strategy formulated in May 2006, the program aims to identify key
transportation corridors. The agency will select up to five Corridors
of the Future in summer.
CSXT has established a long-term plan to address increasing passenger
and freight traffic on the 1,200-mile I-95 corridor between
Washington, D.C., and Miami. As part of its capital spending budgets
of $1.5 billion in 2007, $1.6 billion in both 2008 and 2009, and $1.7
billion in 2010, the railroad will build and improve track and
facilities along the route.
"We believe the corridor will serve as an example of how well-
planned, comprehensive investment in rail infrastructure can support
personal mobility and economic development, while improving safety
and environmental practices," said CSXT Executive Vice President and
Chief Operating Officer Tony Ingram in a prepared statement.