CSX Investing $15 Million for Intermodal Terminal in Louisville
August 16, 2011
CSX announced it will build a privately-funded $15 million, 34-acre intermodal terminal in Louisville, Ky.
The terminal, which is slated to begin operations in early 2012, will be built and operated by CSX Intermodal Terminals and will employ about a dozen people. When it opens, the new terminal will provide inbound and outbound daily train service connecting through the company's Northwest Ohio Intermodal Terminal to markets across CSX Transportation's (CSXT) broader 21,000-route mile network. From there, shipments will connect to service destined throughout the country.
The initial train service will be designed to capture the immediate market demands of the Louisville area and provide capacity for growth as business demands.
The new facility is between CSXT's Osborne Yard and the Louisville Industrial Center near Louisville International Airport. Trucks serving the terminal are expected to use I-65, the Outer Loop and National Turnpike.
The terminal development project includes the installation of new track, pavement, drainage, gates for inbound and outbound containers, and the refurbishing of two buildings for use as