NYDOT sets $19M to transform CSX yard
State funding will help CSX transform a central New York rail yard into a modern intermodal hub for international freight.
State funding will help CSX transform a central New York rail yard into a modern intermodal hub for international freight.
Improvement of critical tunnels under the nation’s capitol is nearing completion, part of a larger project to improve rail freight access from East Coast gateways.
The records keep coming for a key U.S. East Coast container gateway.
CSX has sold the Alabama & Tennessee River Railway, LLC (ATN) and the Fulton County Railway, LLC (FCR) to HGS Railway Holdings Inc., a managed affiliate of OmniTRAX, Inc. Terms for the transaction were not disclosed. OmniTRAX has managed both short lines for several years. Operations are expected to continue unchanged following the acquisition.
CSX on July 9 announced three key executive appointments. Executive Vice President and Chief Administrative Officer Mark Wallace was appointed Executive Vice President Sales and Marketing, effective immediately. Chief Human Resources Officer Diana Sorfleet takes Wallace’s place, assuming responsibility for information technology, human resources, labor relations, executive compensation and aviation. Kevin Boone, who previously reported to Wallace, will continue as Vice President Corporate Affairs and Chief Investor Relations Officer, and will assume responsibility for the Corporate Communications function, reporting to President and CEO James Foote.
A proposed rail-served intermodal hub in South Carolina has passed a major milestone.
A key intermodal project is being revived by CSX, albeit in a scaled-down edition.
Expansion projects at the Port of Virginia to accommodate larger ships and increased container traffic are on schedule.
Weekly rail freight traffic continued stronger than a year ago, according to the latest industry data.
South Carolina will spend hundreds of millions of dollars to solidify its place as the fastest-growing East Coast container gateway.