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Rail News: Rail Industry Trends
2/11/2003
Rail News: Rail Industry Trends
KCS obtains trackage rights to Illinois Central's Mississippi line
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Surface Transportation Board recently approved Illinois Central Railroad Co.'s plan to grant Kansas City Southern trackage rights to a 92.5-mile line between Jackson and Palmer, Miss.
KCS and IC owner Canadian National Railway Co. previously reached a trackage-rights deal and sought STB's approval.
The line will enable KCS — which connects with IC at Jackson — to move traffic currently handled by IC per a haulage agreement with CN. The transaction also will enable KCS to improve its operating efficiency between Jackson and Gulfport, Miss., KCS officials believe.
KCS and IC owner Canadian National Railway Co. previously reached a trackage-rights deal and sought STB's approval.
The line will enable KCS — which connects with IC at Jackson — to move traffic currently handled by IC per a haulage agreement with CN. The transaction also will enable KCS to improve its operating efficiency between Jackson and Gulfport, Miss., KCS officials believe.
