The Daily CSX: CSX Considering Sale Or Lease Of 8,000 Miles Of Rail Lines

By WCBC Radio AM 1270; January 24, 2018

According to Trains News Wire Magazine, CSX Transportation is reviewing 8,000 miles of rail lines as potential candidates for sale or lease, and Cumberland could be impacted. People familiar with the situation do not expect all 8,000 miles to go on the block, however they say it is an indication of management’s intent to leave no stone unturned in a drive to cut costs. Last year, CSX executives said everything’s for sale at the right price.

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