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Rail News: Rail Industry Trends
1/26/2010
Rail News: Rail Industry Trends
CSXT's plant project scorecard: 92 in '09
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Last year, CSX Transportation attracted 92 new facilities or plant expansion projects along its network in 18 states. The projects’ value totals more than $3.2 billion, including $2.1 billion worth of projects in Florida.
CSXT expects the projects to generate about $138 million in revenue. Facilities either will be built on the Class I’s lines or along lines controlled by more than 230 short lines and regionals that interchange with the railroad.
In addition, 73 customers who committed to new or increased rail traffic in 2009 and prior years launched shipments last year that will generate more than $210 million in revenue, CSXT officials said in a prepared statement.
CSXT expects the projects to generate about $138 million in revenue. Facilities either will be built on the Class I’s lines or along lines controlled by more than 230 short lines and regionals that interchange with the railroad.
In addition, 73 customers who committed to new or increased rail traffic in 2009 and prior years launched shipments last year that will generate more than $210 million in revenue, CSXT officials said in a prepared statement.