SALABERRY-DE-VALLEYFIELD, QC, Jan. 25, 2013 /CNW Telbec/ - 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
Salaberry-de-Valleyfield Mayor Denis Lapointe.
The new $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 Quebec and 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
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.
In response to community planning needs, CSXT will also relocate a
portion of its main line in residential areas of
Salaberry-de-Valleyfield to a location south of Autoroute 530 alongside
the new terminal in the industrial park. CSX is proud of its 125-year
history in Quebec, dating to the St. Lawrence and Adirondack Railway
The project is subject to regulatory approval from the Canadian
About CSX Corporation
Based in Jacksonville, Fla., CSX Corporation along with its subsidiaries
is one of the nation's leading transportation companies, providing
rail, intermodal and rail-to-truck transload services. The company's
transportation network spans approximately 21,000 miles, with service
to 23 eastern states, the District of Columbia and two Canadian
provinces. The rail network of its subsidiary, CSX Transportation,
connects more than 240 short line railroads and more than 70 ocean,
river, and lake ports. More information about CSX Corporation and its
subsidiaries is available at www.csx.com. Like us on Facebook ((http://www.facebook.com/OfficialCSX and follow us on Twitter http://twitter.com/CSX).
SOURCE: CSX Corporation
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