OSWEGO- Big plans in the future for the Port of Oswego Authority. U.S. senator Charles Schumer urges the Federal Railroad Administration to provide the port with a loan to repair the out dated rail roads.
The Port of Oswego Authority is one of the main ports located here on Lake Ontario. The port is responsible for major companies such as Goldman Sachs and JP Morgan. When these shipments arrive here at the port, it is then the rail road lines become most essential. The rail road system at the port has not been updated since 1963. The loan will consist of 1.5 million dollars. According to Jonathan Daniels Executive Director of the Port, this is exactly what they need.
“Recently we have had significant levels of increases in the amount of rail cars. With that we’ve had degradation with the rail line where it has made it unsafe at times for us to be able to handle rail cars.”
Outside the port is a dangerous “S” curve on the CSX track leading into the Port of Oswego Authority. This “S” curve has the potential to derail cars and could possibly scare away business. With the loan, the Port will work with CSX to get the curve straightened out. Once these rail lines are updated, the system is expected to be much safer and efficient than ever before. In return will benefit the port and the city of Oswego.
Jonathan Daniels states “Higher payroll ultimately that money gets rolled over to the community” and “Job creation.”
As of now the port is in the process of applying for the loan but have a long road to travel before they begin to see change.