Freight Rail Recognition
MEDIA CONTACT INFORMATION:
| Adam Shaivitz | Misty Whited | Erica McKewen |
| (512) 369-6027 | (512) 389-7572 | (512) 369-6085 |
| (512) 844-5153 cell | (512) 844-5090 cell | (512) 401-7665 cell |
Capital Metro, Austin Western Railroad and Capitol Aggregates Partnership Recognized by Freight Rail Industry
May 27, 2010
NEWS FACTS
- Capital Metro, Austin Western Railroad and Capitol Aggregates are the 2010 recipients of the Argus Rail Business Win-Win Award honoring railroad-shipper partnerships.
- This year's award recognizes how the three organizations created a new profitable aggregate shipping plan as the railroad began to provide both freight and passenger rail service.
- The four-year "take-or-pay" agreement between Capital Metro, Austin Western Railroad and Capitol Aggregates guarantees the amount of freight car shipments and revenue.
- According to the agreement, Capital Metro and Austin Western Railroad guarantee to move 40,000 freight cars and in return Capitol Aggregates will pay for at least 40,000 freight cars whether or not that amount is needed.
- Shipping 40,000 freight cars a year will remove 160,000 trucks off local highways, ultimately improving air quality and reducing road wear and tear.
- Capital Metro's award winning shipper-carrier partnership was honored this morning at the North American Rail Shippers Association's annual meeting in Washington, DC.
- The annual award is given to railroads, shippers and organizations that develop innovative solutions for efficiency and mutually beneficial service improvements.
- Argus Rail Business is a specialist business publication covering the freight rail industry. Argus introduced the Win-Win Award in 1998 to honor the best railroad-shipper partnerships in the industry.
QUOTE
"We greatly appreciate the recognition of a truly win-win arrangement with Capital Metro, the Austin Western Railroad and Capitol Aggregates. This demonstrates our commitment to add value to the region."
-- Doug Allen, Capital Metro Interim President/CEO
ABOUT CAPITAL METRO
Capital Metro's mission is to provide quality public transportation choices for our community that meet the needs of our growing region. With the highest per capita ridership in Texas, Capital Metro serves more than 3,000 bus stops with metro, flyer and express routes and UT Shuttle service. Capital Metro also provides MetroAccess service for passengers with disabilities, van and carpool coordination, and freight rail service.
Capital MetroRail is a new passenger rail system between the City of Leander and the Convention Center in Downtown Austin. MetroRail is part of the All Systems Go Long-Range Transit Plan that includes expanded local and express bus service, MetroRapid bus service, and new and improved park and ride lots. For more information, including an online trip planner and a commute cost calculator, visit www.capmetro.org or call (512) 474-1200.
News media, follow us on twitter @CapMetroNews.
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Capital Metropolitan Transportation Authority
2910 East 5th Street | Austin, Texas 78702 | (512) 389-7400
Specific Route Information | (512) 474-1200


