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Reply to "Rail News: CSX Transportation is Selling Six Rail Lines"

trainroomgary posted:

1 CSX Property

The Specifications

If you are interested in operating a current or former CSX rail line for freight only purposes, please contact lines@csx.com, or use the form below. Please provide contact information, geographic interest, and other pertinent information in that communication. Your inquiry should be sufficient enough to provide CSX with confidence as to your understanding of the applicable rail line and your ability to successfully operate it.  Interested parties should not contact CSX customers or CSX employees.

In the event that CSX undertakes an effort to sell or lease a rail line, CSX will consider various factors when selecting and negotiating with potential new operators. In addition to financial considerations, CSX places considerable weight on a new operator’s ability to provide value to CSX and the shipping public over the long-term.  For those operators with an existing relationship with CSX, CSX will consider the history and experience between the railroads, including such factors such as (a) compliance with terms and conditions of any existing contracts, (b) the level of interline business with CSX, and (c) timeliness of payments, outstanding operational and/or contractual disputes, and other like items. 

CSX reserves the right, in its sole and absolute discretion, to reject any inquiry or proposal and to exclude any party throughout its process. No inquiry, proposal or offer to acquire any rail line will be binding on CSX unless and until CSX has executed and delivered a definitive written agreement providing for the sale of the rail line.

Click here to get the application.

Gary: Rail-Fan

I remember years ago when the Everett railroad was formed.   There was a smallish news article on it in one of the newspapers.  One person placed a bid on a few miles of ex-PRR track and an old GE U boat  if I recall the content.

Short line magnate (or regional I don't know what you call the R&N these days) got their start this way.  Andy Muller had money from his teaching job and a very lucrative antique coin business and plowed it into buying the ex-Reading branch lines off of Conrail.   He did quite well if I do say so myself.

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