Freight Railroads: A Crucial Economic Resource

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The Economic Impact of America’s Freight Railroads

SUMMARY: Freight railroads in the United States are the best in the world and are a crucial national economic resource. Every year, railroads save consumers billions of dollars while reducing energy consumption and pollution, lowering greenhouse gas emissions, cutting highway gridlock, and reducing the high costs to taxpayers of highway construction and maintenance. They also have a tremendous broader economic impact: in 2017 alone, America’s major freight railroads supported 1.1 million jobs, nearly $219 billion in output, and $71 billion in wages across the U.S. economy. In addition, millions of Americans work for firms that are much more competitive in a tough global economy thanks to the affordability and productivity of America’s freight railroads.  

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GO BIZ Deems Rail and Port Project Consistent with State's Goals

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Eureka Chamber of Commerce Supports HERR

From the Monthly Digital Newsletter of the Greater Eureka Chamber of Commerce - April 2018

 Submitted by: Bill Bertain

 President, HERR 

 

Humboldt Eastern Railroad LLC and Pacific Northwestern Railroad announce port and rail project Submitted by: Bill Bertain, President, HERR Humboldt Eastern Railroad, LLC. (HERR) is attempting to raise $10 million locally in seed money from local investors to kick start the efforts of Pacific Charter Financial Services Co. (PCFS) for the $10-plus billion privately financed rail and port project of Pacific Northwest Railroad (PNR). PNR intends to construct a 220 mile, dual track, green railroad from the deep water port of Humboldt to the national rail network near Red Bluff in the Central Valley. Doing so will establish a vibrant “land bridge” connecting Asia and the Pacific Rim countries with America’s Midwest, East Coast, and Central Valley.


 The route capacity is projected for four 100 car double-stacked trains daily each way. The trains will be pulled by locomotives powered by liquid hydrogen and emit nothing except water and limited amounts of heat.


 The Project specifies three modern, green, highly automated marine terminals and docks, with a minimum total of 3,000 ft. of wharfage on the Samoa Peninsula’s five miles of bay frontage. Dock equipment will be powered by electricity or hydrogen fuel. With over 800 under-utilized acres of land zoned Coastal Dependent Industrial in the Samoa Peninsula, including a Foreign Trade Zone, the marine terminals will employ approximately 700 Longshoremen and warehouse workers. The facility will be intermodal and handle primarily containers.



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HERR’s purpose is to demonstrate local financial support for PCFS’ and PNR’s project to: the key regulator agency, the US DOT’s Surface Transportation Board (STB); to the bond and equity markets; and to the general public regionally for the project. With the Ports of LA, Long Beach, and Oakland suffering from large and continuing problems with congestion and pollution, PNR’s proposal for a state of the art rail and port facility on Humboldt Bay is timely and can demonstrate “efficiencies and greenness” not available to the larger ports.


The port and rail project will provide significant economic benefits to our region, including a vast industrial base with private sector jobs providing medical benefits that can help recruit and retain sufficient medical doctors. With the expected increase in business activity and economic transactions, both direct and residual, improved air travel services are also likely. Those interested in a better future for our children and grandchildren here in Humboldt County and seeking more information can email humboldteasternrr@ gmail.com or call 443- 5078 and materials will be provided. 

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Dual, Two Way Rail Line

Humboldt Bay to Gerber, CA