NYRR,What is going on? Message Board

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

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To: candsrr who wrote (4301)	11/17/2008 8:51:25 PM
From: Dwayne Hines	Read Replies (1) of 4304

Port authority looking at Cross Harbor RR progressiverailroading.com New York/New Jersey port authority reviews cross-harbor project, freight movement strategy Last week, Port Authority of New York and New Jersey (PANYNJ) officials and area government and transportation representatives met to discuss ways to move more freight throughout the already-congested bi-state region. During the next 20 years, the region's freight traffic is expected to skyrocket 70 percent. During the meeting, PANYNJ Executive Director Chris Ward, New York State Transportation Commissioner Astrid Glynn, New York City Transportation Commissioner Janette Sadik-Khan and U.S. Rep. Jerrold Nadler (D-N.Y.) discussed long- and short-term strategies to address congestion. The port authority's No. 1 solution? The Cross Harbor Freight Movement project, which calls for acquiring and rehabilitating the New York New Jersey Rail Corp. that operates a rail float barge.

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