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RAIL EMPLOYMENT & NOTICES



Rail News Home M&A

7/11/2005



Rail News: M&A

Florida short line takes over former CSXT track


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Florida Northern Railroad Co. Inc. (FNOR) recently began operating a 70-mile line between High Springs and Red Level Junction, Fla., the short line leased from CSX Transportation.

Each year, FNOR expects to move 35,000 cars on the line, which serves various shippers in High Springs, Newberry and Romeo, and utility Progress Energy in Red Level Junction.

Owned by short-line holding firm Pinsly Railroad Co., FNOR interchanges with CSXT in Ocala, Fla. The short line was formed in 1988 after acquiring a line from the Class I.

“This line acquisition is a good fit to the existing core of our railroads and will enhance our operations in Florida,” said Pinsly Railroad President John Levine in a prepared statement.