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71
Second Quarter 2010
s
te
v
e
crise/trans
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ock/i
pns
t
ock
Few investments can return so much so fast in
terms of improved speed, reduced fuel con-
sumption and, of course, public safety.
The CREATE Program (Chicago Region
Environmental and Transportation Effi-
ciency) is a model of the sort of public-
private cooperation needed. It brings to-
gether freight railroads, Amtrak and the
regional commuter rail authority along with
the local, state and federal governments in
Chicago, where six of the seven major United
States railroads converge. The partners are
committed to spending more than $2.5 bil-
lion on some 78 local infrastructure projects,
with the railroads contributing a bit more
than $200 million ­ their estimated direct
benefits from the improvements.
The Alameda Corridor initiative in South-
ern California is another example. The rail
corridor, completed in 2002, links the adja-
cent ports of Long Beach and Los Angeles
(one of the highest volume freight hubs in the
world) with the transcontinental rail yards 20
miles away in central Los Angeles. The au-
thority running the corridor, which is gov-
erned by the two cities and the port managers
in cooperation with the railroads using the
ports, continues to build rail and truck-rail