JOC Staff | Jan 09, 2013 3:31PM EST
The New York Susquehanna & Western Railroad Corporation has received contract approval for more than $900,000 from the New York State Department of Transportation to construct a multimodal rail terminal in Cortland, according to the Central New York Regional Economic Development Council.
The Cortland Transload Terminal Improvement project will construct a rail terminal to allow short-haul trucks to load and unload railcars, including three siding tracks south of NYS&W’s Cortland spur line, as well as the infrastructure required to enable containers to be transferred between rail cars and trucks.
“The Cortland Transload Terminal will enable Central New York region businesses to address the cost of shipping by taking advantage of the efficiencies of rail transportation without having to be located next to the railroad,” said Nathan R. Fenno, NYS&W’s president, in a written statement.