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Monday, November 30, 2009

CSXT, Massachusetts submit rail pact for review

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The state of Massachusetts submitted a comprehensive multiyear rail transportation agreement with CSX Transportation for federal review with the Surface Transportation Board.

CSXT has also reached an initial agreement with the Massachusetts Coastal Railroad to take over freight rail activities on the former CSXT South Coast Lines, which is being purchased by the state. The agreement is a step is an important process toward bringing rail service to the South Coast and will enhance local freight rail service to that region.

The deal with CSXT was announced in September and could mean more passenger trains on the Worcester line. In the deal, CSXT agreed to help defray the MBTA's liability insurance cost and pay the deductible on liability insurance if a collision occurs involving a freight train and CSXT is found at fault because of willful misconduct.

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