RAILROAD INVESTMENT PROJECTS CREATE JOBS, STIMULATE ECONOMY

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1 $525 billion in private investment helps keep America competitive Unlike trucks, barges, and airlines in the U.S., freight railroads do not strain the public purse. Privately owned railroads have spent $525 billion since 1980 building, maintaining and growing their 140,000 mile rail network. That amount equals 40 cents of every revenue dollar. Even during the economic downturn, America's freight railroads spent approximately $20 billion annually to build and maintain the most efficient rail system in the world. In 2013, that investment is expected to increase to an estimated $24.5 billion, helping to keep America competitive. 1 of 7

2 Located in the nation s busiest rail gateway, the CREATE project is designed to improve the efficiency and reliability of freight rail service through Chicago, Ill. while reducing local traffic and passenger rail delays. A partnership between Illinois, Chicago, Metra, Amtrak, U.S. DOT, and six railroads, CREATE includes construction of 31 new overpasses or underpasses; enhanced grade crossing safety; and extensive upgrades to tracks, switches and signal systems. Railroads: BNSF Railway, Can. Pacific, Can. National, CSX, Norfolk Southern, Union Pacific, Metra, Amtrak Projected 2030 Appx. $3 billion 2,700 jobs created by 2030 $1.1 billion in air quality improvements $595 million in safety benefits 2 of 7

3 Crescent Corridor A partnership between Norfolk Southern (NS) and 13 states, the Crescent Corridor is a 2,500 mile rail infrastructure project stretching from the Gulf Coast to the East Coast. By straightening curves, adding signals, and building new track and rail terminals, the project will enable NS to handle increased traffic more efficiently and take more than one million trucks a year off our nation s congested highways. Railroad: Norfolk Southern 2020 $2.5 billion 47,000 jobs created by million gallons of fuel saved, annually 1.3 million trucks taken off highways, annually 3 of 7

4 When complete, CSX s will be a state-of-the-art rail corridor connecting Mid Atlantic seaports and consumption centers to consumers and manufacturing centers in the Midwest. A partnership between CSX, six states and the District of Columbia, this project will create jobs, help ease the burden on our nation s highways, reduce highway maintenance costs and CO2 emissions, and allow businesses to ship goods in a more efficient way. Railroad: CSX 2015 $842 million 10,000 jobs created during construction 50,000 jobs created over 30 years 2 billion gallons of fuel saved over 30 years 4 of 7

5 Canadian Pacific s 2011 In response to a rapidly growing ethanol industry and increased grain production, Canadian Pacific recently announced plans to invest $100 million in rail infrastructure in North Dakota. The plan includes capacity expansion projects, rail replacement and maintenance work, grade crossing upgrades, and snow fence installation. CP also plans to grow its workforce in North Dakota by 18 percent, hiring 70 new employees to expand its train crew base in Railroad: Canadian Pacific 2012 $100 million 70 permanent jobs created Stimulates Midwestern economy through enhanced rail efficiency 5 of 7

6 Santa Teresa Rail Facility Union Pacific Railroad (UP) and the State of New Mexico recently announced a partnership to construct a state-of-the-art rail facility in the southern part of the state. The facility will create 3,000 jobs during the construction phase from 2011 to In addition, it will provide southern New Mexico, for the first time ever, with a key inland port, positioning the Santa Teresa area as a strategic focal point for goods movement in the southwestern U.S. Railroad: Union Pacific 2015 $400 million 3,000 jobs created during construction 600 permanent jobs created $500 million in economic development for the state 6 of 7

7 Spanning 4,647 route miles and traversing 13 states, BNSF Railway s connects the ports and markets in California and the Southwest to the Midwest, Texas and the Southeast. BNSF has invested more than $1.8 billion in the corridor to expand capacity and reduce congestion and emissions. Railroad: BNSF Railway TBD $1.8 billion 9 million trucks taken off highways, annually 1 billion gallons of fuel saved, annually 11 million tons of greenhouse gases eliminated, annually 7 of 7