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Microcap & Penny Stocks : NYRR,What is going on?

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To: RAE SAYLOR who wrote (4173)1/3/2000 2:27:00 PM
From: Dwayne Hines  Read Replies (1) of 4304
 
Interesting post from RB:
By: millburn_gg Reply To: None
Monday, 3 Jan 2000 at 1:12 PM EST Post # of 12208

How do ya like this? (some excerpts..)
FREIGHT REPORT CARRIES HIGHWAY BAGGAGE
Last month, the New York City Department of City Planning released the first volume of its overview of the region's major freight-related infrastructure development plans. Entitled "Freight Synthesis,"? The report presents statistics that portray extreme regional dependence on trucks for freight movement. Nation-wide, railcars carry
one-third of all freight, but less than 5% in the NYC region? .. Projecting that demand for port facilities will outpace current facilities by 2006, both the EDC and the PA produced major port expansion proposals in 1999. The EDC plans include construction of a shuttle train route on First Avenue to serve a Sunset Park terminal and connect it with a new float bridge at 65th St. and the LIRR Bay Ridge Line. Both the EDC and Port Authority call for the construction
of an on-dock rail transfer station at Howland Hook to be served by a reactivated Staten Island Railroad that will link to the rail network in New Jersey. But the EDC vision for Howland Hook also includes development of 100 more acres of intermodal/rail warehousing as well as an ambitious cross-Hudson transport strategy to make the expanded
terminal a central hub for a New Jersey-Brooklyn rail-line?.
The center-piece of the EDC plan is construction of a cross-harbor freight tunnel. Currently, all freight crossing the Harbor in a rail car is barged from 51st Street in South Brooklyn to the Greenville, New Jersey railyard via barges?
Any version of the Cross-Hudson tunnel is not likely to see completion for at least a decade. Thus, in the near future, a functional rail route across the Hudson depends on the aggressive expansion of rail car float facilities and service. The EDC plan estimates that adding four float bridges at 65th Street for traffic to and from Greenville and two float bridges between Brooklyn and the Howland Hook terminal could supplant almost 12% of Hudson truck crossings.
To Department of City Planning report suggests that prospects for the Tunnel be pursued and that "new float bridges are essential to increase...capacity in the interim." ?
# # # MTR#250 Contributing: Kristen Fountain, Lisa Shreibman
Editors: Jon Orcutt Executive Director, Janine Bauer
Tri-State Transportation Campaign
240 West 35th Street #801, New York, NY 10001
tel. (212) 268-7474 fax (212) 268-7333
tstc@tstc.org www.tstc.org

Kristen Fountain
Communications Coordinator
Tri-State Transportation Campaign
v: (212) 268 - 7474
f: (212) 268 - 7333
fountain@tstc.org
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