90 likes | 267 Views
Federal Railroad Administration. Karen McClure, Economist. karen.mcclure@dot.gov. Southeastern. Cargo Oriented Development.
E N D
Federal Railroad Administration Karen McClure, Economist karen.mcclure@dot.gov
Cargo Oriented Development • Cargo-Oriented Development (COD)– Government and business working together to improve freight mobility, encourage economic growth, and reduce total transportation costs to shippers and urban communities. • Key Issues: Increase road capacity at highway-rail grade crossings, provide sufficient urban intermodal rail terminals with coordinated routes for short haul truck, fund short line railroad track improvements.
Potential Resources • Section 130 Funding for Grade Crossings • Short Line Tax Credit--Valued at $165M per year • Expected legislation in 2012 to extend Tax Credit • Railroad Rehabilitation and Improvement Financing (RRIF) Loan Program • Potentially powerful US DOT program whose value has never been realized • 22 Loans over 15 years • Grants • Railroad Rehabilitation and Repair (Disaster Relief) • Rail Line Relocation (RLR) • TIGER Grants • Tiger I Total $1.5B--$269 for rail related projects • Tiger II Total $600 M—$166 M for rail related projects • Tiger III Total $511M--$134 M for rail related projects • TIGER IV Total $500M --TBD
FRA TOOLBOX The Intermodal Transportation and Inventory Cost Model (ITIC-IM): Analysis of long-haul freight movement: truck to rail modal diversion and the economic benefits of infrastructure investment or policy decisions. Evaluates alternative choices with regards to shipment size, modal choice, and cost. GradeDEC.Net: Online evaluation of the costs and benefits of highway-rail grade crossing infrastructure investments in terms of safety, environmental benefits, and changes in highway user travel time.