SLIDE 1
CSX IS A PREMIER TRANSPORTATION COMPANY
2
Company Profile
Revenue* $11.8B Capital Investment** $2.4B Miles of Track 21,000 miles Employees 28,000
500+ trains online at any point in time
*2015 **2016 projected
HOWARD STREET TUNNEL: POSITIONING MARYLAND FOR SUCCESS Greater - - PowerPoint PPT Presentation
HOWARD STREET TUNNEL: POSITIONING MARYLAND FOR SUCCESS Greater - - PowerPoint PPT Presentation
HOWARD STREET TUNNEL: POSITIONING MARYLAND FOR SUCCESS Greater Baltimore Committee September 21, 2016 CSX IS A PREMIER TRANSPORTATION COMPANY CSX Rail Network and Major Terminals Company Profile Revenue* $11.8B Capital Investment** $2.4B
SLIDE 2
SLIDE 3
BUSINESS DIVERSIFIED ACROSS BROAD MARKET BASE
2015 Volume by Market: 6.9 Million Rail Car Loads Merchandise: 42%
(Agriculture, Construction & Industrial)
Intermodal: 41%
(Domestic & International)
Coal: 17%
(Domestic & Export)
3
SLIDE 4
CSX AND MARYLAND: A 190-YEAR PARTNERSHIP
4
- Seagirt: Intermodal
- Curtis Bay: Coal
- Jessup: Auto
Company Profile in MD (2015) Employees 1680 Customers 1000+ Miles of Track 1400+ Miles of Track $62.5M
SLIDE 5
THE POWER OF TWO FEET: HELPING TO TRANSFORM MARYLAND’S ECONOMY
Today (19 ft) Single Stacked Tomorrow (21ft) Double Stacked
5
Positions Port for strong growth
- Deep water allows for largest ships
- High-frequency, on-dock rail
Making existing businesses more competitive (and help attract new businesses) Creates jobs
- 500 jobs to construct & 3200 statewide
Quicker and safer trip home for commuters
- 178,000 trucks off the road
Cleaner environment
- CO2 equivalent of 700,000 cars
SLIDE 6
CSX/MD STUDY: CLEARING HST TO SEAGIRT FEASIBLE
6
- Existing HST is structurally sound
- To prolong HST’s useful life, frequent
flooding must be addressed
- 9 other obstructions between Howard
Street and Seagirt must be cleared
- Project cost ~$425M
- 4-5 years to complete with minimal impact
to public
- Freight operations continue through tunnel
during construction
SLIDE 7
PUBLIC-PRIVATE PARTNERSHIP POSITIONS HST PROJECT FOR SUCCESS
Entity Cost Share ($M’s) Maryland 145 CSX 125 Federal 155 Total 425 CSX investing additional $20M now to progress HST project (drainage upgrades and design/engineering)
7