Prepared for Growth
CSX recently announced a capacity expansion to support growth in crude oil and other markets in the Northeast. The $26 million investment in 2013 adds passing sidings along our River Line running south from Albany, NY, to provide even more train capacity to serve the crude oil market. Overall, CSX is investing $2.3 billion into the network in 2013 to maintain and upgrade infrastructure.
In addition, CSX continues to invest in terminals, clearance projects and other initiatives to prepare for near- and long-term growth in the Northeast Region, including Philadelphia's Trenton Line where clearance projects are under way. Currently, CSX has the ability to handle more than five trains of crude oil per day into the Philadelphia market alone. Additionally, our network is capable of handling the largest capacity tank cars, maximizing your barrels loaded per car. This gives you the ability to ship more crude oil per train and lowers the per-barrel transportation costs.