|
Freight rail
is another area studied in the Long-Range Transportation Direction.
Since the freight rail lines are owned by private companies, no
government funding is provided, nor is any planned in the foreseeable
future. MoDOT, however, is
adopting policies that will help to ensure the continued survival of the
small rail lines.
There are three levels of rail carriers:
Class I, Class II and Class III.
Class I carriers are large entities, with annual gross revenues of
at least $250 million. Class II Carriers are slightly smaller operations with annual
gross revenues being between $20
and $250 million. The needs
that will be addressed by MoDOT and the Long-Range Transportation
Direction are based on the condition of the 130 main-line track miles
owned and operated by Class III carriers.
These carriers are small, with annual gross revenues of less than
$20 million and usually do not have the capital to upgrade their systems.
These small rail carriers are important economic generators for the
communities and businesses they support.
Approximately half the 130 miles operated by Class
III carriers need immediate major upgrades to enable them to connect to
the larger freight line systems. Much
of the remaining Class III system needs minor upgrading. An estimated 40 bridges on the Class III system need complete
reconstruction and another 70 bridges require rehabilitation.
Table 5
Class III Freight Rail Investment Goals
(millions of dollars)
|
20-Year Capital Investment
|
|
Freight Rail
|
Cost to Achieve Desired Result
|
|
Major Upgrades
|
$15
|
|
Minor Upgrades
|
$25
|
|
Bridge Upgrades
|
$40
|
|
Total
|
$80
|
To ensure continued viability of freight rail in
Missouri, MoDOT will implement the following policies.
MoDOT will coordinate with Class I and
II carriers to address track abandonment in an effort to
help preserve the rail right-of-way for future rail use and work
to minimize adverse economic impacts on communities affected by rail
abandonments.
MoDOT will work to enhance access of
Class II and Class III carriers with Class I carriers and to support
efforts to maintain the Class III rail system at appropriate condition
levels.
MoDOT will continue the grade-crossing improvement
program.MoDOT will work with
railroads to provide a safe and efficient railroad system that operates at
minimum risk to persons and property. |