CSX and CPKC railways revealed a offer Wednesday that will enable them to beef up a little-used connection inbetween their 2 networks in the southeastern United States to manage a substantial quantity of freight
ByJOSH FUNK AP Business Writer
FILE – Canadian Pacific trains sit at the primary CP Rail train backyard in Toronto, March 21,2022 CSX and CPKC railways revealed a offer Wednesday, June 28, 2023, that will permit them to beef up a little-used connection inbetween their 2 networks in the southeastern United States to manage a substantial quantity of freight. (Nathan Denette/The Canadian Press through AP, File)
The Associated Press
OMAHA, Neb. — CSX and CPKC railways revealed a offer Wednesday that will enable them to beef up a little-used connection inbetween their 2 networks in the southeastern United States to dealwith a substantial quantity of freight.
The offer includes a area of track connecting the 2 enormous railways that is presently utilized just for regional traffic. This might one day turn it into a significant pipeline for all kinds of freight.
CPKC CEO Keith Creel stated the 2 bigger railways strategy to invest in upgrades to the rail line, so it can manage more traffic and offer a muchshorter course inbetween production plants his railway serves in Mexico and the Southeast. Currently, trains crossing this area of track ran by a subsidiary of Genesee &Wyoming run just at 10-25 milesperhour.
CSX CEO Joe Hinrichs stated this offer “provides sh