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FAST Corridor

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Moves the Nation's freight through a major trade corridor ... Alameda Corridor. Job impact. State competitiveness. We made it easy on em ... – PowerPoint PPT presentation

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Title: FAST Corridor


1
FAST Corridor
  • Freight Action Strategy for Everett-Seattle-Tacom
    a
  • Steve Sewell
  • Parsons Brinckerhoff

2
What is it?
  • A 500 million investment
  • A series of improvements separating vehicular and
    rail traffic
  • A success!

3
What Does it Do?
  • Moves the Nations freight through a major trade
    corridor
  • Fixes freight and general traffic bottlenecks
  • Increases the competitiveness of Puget Sound
    Ports
  • Creates and maintains jobs and economic health

4
What Does it Do?
  • Increases train speed, which increases capacity
  • Reduces traffic congestion at at grade rail
    crossings

5
What Does it Do?
Before
After
6
The Situation
  • Ports of Seattle and Tacoma losing container
    market share to Southern California and
    Vancouver, B.C.
  • Freight Mobility one of many factors
  • Threat to regional competitiveness
  • Container cargo a little known lifeline Freight
    doesnt vote

7
What did we do?
  • Three part strategy
  • Educate
  • Collaborate
  • Legislate

8
Educate
  • Importance of ports and cargo to the regions
    economy
  • Importance to the national economy
  • The risk of doing nothing

9
Importance to Washington State
  • One of three jobs relies on international trade
  • One-third of states agricultural products e.g.,
    hay, cherries, apples, are exported
  • You get a twofer- improved traffic flows
  • Improve safety
  • Eliminate bottlenecks, streamline traffic
  • Mitigate impact of freight and traffic growth

10
Importance to the Nation
  • Secondno thirdlargest container load center in
    the U.S.
  • Asian imports are more than 90--Asia to comprise
    45 of world trade by 2015
  • More than 70 of imports through the Puget Sound
    destined for Chicago and beyond
  • Jobs across the nation rely on these imports

11
Collaboratethe KEY
  • Build Consensus on project priorities
  • Truly a partnershipi.e, all take part in risk
    and reward
  • Partners include the State, the three ports, the
    Federal Government, local municipalities, and two
    railroads (BNSF and UP)
  • A lot of worksaved a lot at the next step

12
Collaborate
  • Freight Mobility Roundtable
  • Public/Private Group sponsored by the local MPO
  • Participants include Shippers, ocean rail and
    road carriers, logistics providers, ports, EDCs,
    local, state and Federal governmenteven
    consultants.
  • An important forum

13
Legislate The State
  • We scared em
  • Alameda Corridor
  • Job impact
  • State competitiveness
  • We made it easy on em
  • Benefits for the whole state
  • Consensus made this the states No.1 priority for
    Federal funding
  • Freight Mobility Strategic Investment Board

14
Legislate The Other Washington
  • Again, no regional disputes
  • Our delegation got it
  • Bud Shuster and The Port of Chicago
  • The Borders and Corridors program

15
The Result
  • A 500 million corridor, through which trade can
    flow and traffic move

16
The Result
  • Costs shared by partners
  • Original Plan
  • State 50
  • Feds 25
  • Ports 10
  • Local 10
  • RRs 5
  • Negotiated adjustments based on changes

17
The Result
  • Ten of 15 projects complete or nearly complete
  • Complete
  • Under Construction
  • Remainder completed by 06

18
Whats Next?
  • FAST Phase II
  • Consensus
  • Ten more projects
  • gt260 million
  • Jobs and Opportunities!!

19
Thank You
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