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DELAWARE RIVER PORT AUTHORITY AND RAILPORT RELEASES JOINT STATEMENT

DELAWARE RIVER PORT AUTHORITY AND RAILPORT RELEASES JOINT STATEMENT
 CAMDEN, N.J., Jan. 15 /PRNewswire/ -- The Delaware River Port Authority (DRPA) is close to naming an operator for its new rail terminal in South Philadelphia and continues to negotiate with the owners of RailPort, Inc., a nearby, privately run rail yard, it was announced today.
 The DRPA commissioners were told at their monthly meeting here Wednesday that they will receive a final staff recommendation regarding the operator later this month or in February.
 The facility, located south of the Walt Whitman Bridge, would assist the many Delaware Valley businesses that ship goods in large metal containers. It is the only rail yard of its kind in the Northeast that will be open to three Class-1 railroads: Conrail, CSX and Canadian Pacific.
 Eight companies submitted proposals to operate DRPA's rail yard. Based on experience and competitive rates, the field has been narrowed to two, In-Terminal and PARSEC, both from Illinois. Both firms operate more than 20 terminals around the country and both provide services to America's largest railroad carriers.
 While evaluation of those two firms continues, DRPA and RailPort indicated they are discussing combining their operations. RailPort is a smaller intermodal rail yard located adjacent to the Packer Avenue Marine Terminal. RailPort began operations this past summer and immediately secured movements of containerized cargo between northeastern cities and Canada via two shipping lines, Columbus and PACE lines.
 "RailPort has achieved much in the few months it has been in operation," said DRPA Executive Director Eugene J. McCaffrey Sr. "It has proven the Delaware River port can serve as a center for shipping lines that want to reduce their number of port calls and make use of effective inland transportation systems."
 "We are working hard to integrate the DRPA and RailPort facilities under a single operator," McCaffrey said. "A consolidation of this kind involving private and public facilities would certainly be uncommon, but it makes good sense from a service and marketing standpoint," he said.
 RailPort Chairman Dennis Colgan confirmed that the discussions with DRPA regarding joint operations are proceeding. Without commenting on the progress of those talks, Colgan saluted DRPA for its efforts in selecting a terminal operator.
 The DRPA commissioners are also discussing plans to buy equipment for use at its intermodal rail yard which is expected to begin operating this spring.
 The Delaware River ports, which include marine terminals on both sides of the river, has relied on bulk and breakbulk cargo such as oil, coal, steel, paper and fruit in recent years. The new intermodal yards give local port terminals the ability to handle cargo more efficiently, thereby allowing greater diversity of cargo mix.
 /delval/
 -0- 1/15/92
 /CONTACT: Carlton Read of the DRPA, 215-925-8780 (Philadelphia), or 609-963-6420 (Camden)/ CO: Delaware River Port Authority; RailPort ST: New Jersey, Pennsylvania IN: TRN SU: JVN


JS-CC -- PH022 -- 0228 01/15/92 17:06 EST
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Publication:PR Newswire
Date:Jan 15, 1992
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