Alameda Corridor Records Heavy Container Traffic

Sept. 17, 2004
A recent analysis of the Alameda Corridor shows that rail cargo volumes are vastly exceeding projections along the corridor’s 20-mile expressway

A recent analysis of the Alameda Corridor, a dedicated freight network for train and truck traffic in the Los Angeles area, shows that rail cargo volumes are vastly exceeding projections along the corridor’s 20-mile expressway.

The Alameda Corridor Transportation Authority (ACTA) reports that fiscal year 2004 rail container traffic was 14.6% higher than in the previous fiscal year. The corridor also carried 26.6% of total Los Angeles-Long Beach port volume in the fiscal year ended June 30, 2004, as compared to 25.9% of port volume during the previous year.

The multi-tracked corridor, which cost $2.4 billion to build, carried a daily average of 5,008 containers in fiscal 2004, ACTA said, or 638 per day more than during fiscal 2003. “That is 3% higher than the original 1998 forecasted number,” said ACTA board chairwoman Janice Hahn, a Los Angeles City Councilwoman.

The Corridor also had a better-than-projected revenue performance, with assessed fees and charges exceeded the previous year's numbers by 13.9%. Total fiscal 2004 revenue reached $62.3 million, compared to $54.7 million in fiscal 2003, she added.

Because of the corridor’s fiscal success, ACTA was able to refinance its federal loans and pay back a $573 million Department of Transportation loan 28 years in advance of its maturity date earlier this year.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...