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FAST Corridor

FAST Corridor. Freight Action Strategy for Everett-Seattle-Tacoma Steve Sewell Parsons Brinckerhoff. What is it?. A $500 million investment A series of improvements separating vehicular and rail traffic A success!. What Does it Do?.

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FAST Corridor

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  1. FAST Corridor Freight Action Strategy for Everett-Seattle-Tacoma 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 Nation’s 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 doesn’t vote”

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

  8. Educate • Importance of ports and cargo to the region’s 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 state’s 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 • Second…no third…largest 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. Collaborate=the KEY • Build Consensus on project priorities • Truly a partnership—i.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 work…saved 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, EDC’s, local, state and Federal government…even 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 state’s 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% RR’s: 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. What’s Next? • FAST Phase II • Consensus • Ten more projects • >$260 million • Jobs and Opportunities!!

  19. Thank You

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