and ICF officials are asking people to stay off the tracks for their own safety. Freight ICF chose Southern Railway of British Columbia (SRY) to operate the Island railway on Vancouver Island, after ICF’s acquisition of the railroad. The operator agreement started on July 1, 2006. In January 2010, the Southern Railway of British Columbia new train ferry terminal started operating in the Fraser River on Annacis Island shipping to Nanaimo via the Seaspan train ferry. The new train marine terminal was built with the help of $4.6 million in federal funding and cost $11 million. It increases the mainland's capacity and speed to load and unload railcar barges from the island. The amount of freight traffic in 2008 and 2009 was about 1,000 cars per year. According to the Rule of 100, a generally accepted economic formula for short-line railways, a minimum of 100 freight cars per mile a year is required before a line is profitable due to depreciation accounting. The old E&N route averages about 6.6 cars per mile. The ICF has estimated there is a potential business of 22,000 rail cars of freight each year on Vancouver Island. An ICF development strategies report estimated that 35,000 to 40,000 carloads per year, as the amount of business that would be required to bear the full capital cost of upgrading the railroad and maintain operations on a sustainable basis. If the capital costs of upgrading the railway are excluded, the business of 8,000 carloads per year would be required to pay for basic operating and maintenance costs. The most significant potential revenue is the Raven coal mine (west of Fanny Bay) needing up to 10,000 carloads per year. The foundation report noted the market potential for sourcing of aggregates like gravel for the Victoria market from alternative reserves up-Island. However, this market would be extremely competitive due to the availability of shipments of aggregate by barge from the Lehigh Materials (part of Lehigh Hanson) facility in Sechelt and the new Johnson Street Bridge providing barge access to downtown Victoria. In November 2014, SVI freight service along the entire Duncan-to-Parksville segment of the line was suspended following a risk assessment after the disrepair of the track had been continuously slowing train speeds down. No timeline was known for when service will resume. As of 2018, the only operational trackage left is a truncated 7-mile strip in the Nanaimo area,