CSX lines for sale / review

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CSX lines for sale / review

Postby RMB357 » Tue Jan 23, 2018 10:43 am

http://trn.trains.com/news/news-wire/20 ... tial-sale.. here we go. Hard to believe some of these but apparently the for sale sign is truly going to happen on many lines
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Re: CSX lines for sale / review

Postby Windseeker1 » Tue Jan 23, 2018 10:50 am

Link...at least for me...doesn’t work.
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Re: CSX lines for sale / review

Postby talltim » Tue Jan 23, 2018 11:01 am

Tim David
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Re: CSX lines for sale / review

Postby Windseeker1 » Tue Jan 23, 2018 1:18 pm

Yep. TY
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Re: CSX lines for sale / review

Postby tree68 » Tue Jan 23, 2018 3:17 pm

Vampire investors trying to wring every last cent out of CSX. If there's anything left of value when they get done, I'd be amazed.
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Re: CSX lines for sale / review

Postby lvrr325 » Tue Jan 23, 2018 10:51 pm

I would expect when it's all done CSX will be merger fodder for somebody else.
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Re: CSX lines for sale / review

Postby RMB357 » Thu Jan 25, 2018 5:54 am

Some reports say NS could be a possible suitor for the Boston line but with the current agreement with Pan Am ownership of the Patriot corridor not sure how that would all legally play out.
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Re: CSX lines for sale / review

Postby sd80mac » Thu Jan 25, 2018 7:46 am

RMB357 wrote:Some reports say NS could be a possible suitor for the Boston line but with the current agreement with Pan Am ownership of the Patriot corridor not sure how that would all legally play out.


I don't see how that is possible. Theres no connection on west end. I believe that CSX intended to sell that line for shortline to serve customers.

Amtrak probably wouldn't let NS or CP touch their connection from Troy to B&A. Or CSX letting NS to run through their line to get to B&A
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Re: CSX lines for sale / review

Postby johnpbarlow » Thu Jan 25, 2018 8:20 am

sd80mac wrote:
RMB357 wrote:Some reports say NS could be a possible suitor for the Boston line but with the current agreement with Pan Am ownership of the Patriot corridor not sure how that would all legally play out.


I don't see how that is possible. Theres no connection on west end. I believe that CSX intended to sell that line for shortline to serve customers.

Amtrak probably wouldn't let NS or CP touch their connection from Troy to B&A. Or CSX letting NS to run through their line to get to B&A



As far as I know, NS owns the track or RoW of the ex-D&H Albany main from Delanson to Voorheesville Jct, which is where the CSX Selkirk branch is. As I understand things, while the track is still in place from the spur that SMS uses to access North East Industrial Park at Guilderland up to the CSX main, the switch between the ex-D&H and CSX has been removed. But it certainly wouldn't be impossible to replace it. If NS were to gain ownership or access rights to the B&A via a re-instated Voorheesville connection, clearly CSX would need to give NS trackage rights from Voorheesville to CP-SK.

URL to Google Maps aerial the remaining east end of the ex-D&H Albany main (should be able to zoom in for detailed study):
https://www.google.com/maps/place/Voorheesville,+NY+12186/@42.6602886,-73.9404808,1890m/data=!3m1!1e3!4m5!3m4!1s0x89dddf557b17694f:0x449b02402195ced7!8m2!3d42.653967!4d-73.9287365
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Re: CSX lines for sale / review

Postby sd80mac » Thu Jan 25, 2018 12:26 pm

johnpbarlow wrote:
sd80mac wrote:
RMB357 wrote:Some reports say NS could be a possible suitor for the Boston line but with the current agreement with Pan Am ownership of the Patriot corridor not sure how that would all legally play out.


I don't see how that is possible. Theres no connection on west end. I believe that CSX intended to sell that line for shortline to serve customers.

Amtrak probably wouldn't let NS or CP touch their connection from Troy to B&A. Or CSX letting NS to run through their line to get to B&A



As far as I know, NS owns the track or RoW of the ex-D&H Albany main from Delanson to Voorheesville Jct, which is where the CSX Selkirk branch is. As I understand things, while the track is still in place from the spur that SMS uses to access North East Industrial Park at Guilderland up to the CSX main, the switch between the ex-D&H and CSX has been removed. But it certainly wouldn't be impossible to replace it. If NS were to gain ownership or access rights to the B&A via a re-instated Voorheesville connection, clearly CSX would need to give NS trackage rights from Voorheesville to CP-SK.

URL to Google Maps aerial the remaining east end of the ex-D&H Albany main (should be able to zoom in for detailed study):
https://www.google.com/maps/place/Voorheesville,+NY+12186/@42.6602886,-73.9404808,1890m/data=!3m1!1e3!4m5!3m4!1s0x89dddf557b17694f:0x449b02402195ced7!8m2!3d42.653967!4d-73.9287365


I am pretty sure that CSX will NOT HAND OVER their businesses to NS... The way they let some of these lines go is to turn them over to shortlines and still have the businesses from customers on these when they interchange with CSX.. the lines are strategic cut off that no other competitors can take over. (I don't know nor am familiar with other lines somewhere else whether they have connections with other class 1 competitors..) Sand Patch ... I am not sure if it have any connections with NS or not...

Cin to Atlanta would definitely cross with many NS tracks.. I am wondering about that but since NS already have their own line from south to Ohio (Rat hole) so I DOUBT that NS will buy that... But they will if they have to prevent BNSF, UP, CP, KCS, or CN is dead serious buying that line.
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Re: CSX lines for sale / review

Postby Matt Langworthy » Thu Jan 25, 2018 1:20 pm

sd80mac wrote:I am pretty sure that CSX will NOT HAND OVER their businesses to NS... The way they let some of these lines go is to turn them over to shortlines and still have the businesses from customers on these when they interchange with CSX.. the lines are strategic cut off that no other competitors can take over.


Agreed -especially in the case of the B&A. NS already has a toehold on New England. Foote and his henchmen are smart enough to not hand over a competing route which could potentially make NS the dominant Class I in that market. IMO, I don't think CSX will sell the B&A. Just as they supposedly studied Selkirk's hump and ultimately kept it, CSX will decide the B&A has enough strategic value to keep.

On the other hand, I wouldn't be surprised if the Charlotte Runner gets the axe. Coal traffic is coming to an end (and may already be gone). The local traffic to Eastman Business Park could be handled by the R&S, which already has regular interchange with CSX at Goodman Street Yard. It is likely (based on a couple of sources) that CSX would sell the segment north of Ridge Road to the R&S if they stop using the Charlotte Runner.
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Re: CSX lines for sale / review

Postby KenK » Thu Jan 25, 2018 4:07 pm

I know it hasn't been mentioned as a possible sale, but the Compromise and the Niagara Branches in Buffalo may also be on the block in the future.
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Re: CSX lines for sale / review

Postby SecaucusJunction » Thu Jan 25, 2018 4:44 pm

I don't really see how they sell the B&A either, unless they come up with some sort of agreement with the state and still run over trackage rights. There is no other way for them to reach Boston so I wouldn't even see that being approved.
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Re: CSX lines for sale / review

Postby Ironman » Thu Jan 25, 2018 5:36 pm

Look, you are all trying to apply old standards to a new reality. Everything you guys are saying makes sense framed in the old standards of what would be done before. I'm saying what is going on here is nothing like that, it's not about selling it to some other party and retaining trackage rights. I'm telling you current CSX management doesn't care about losing N.E. business, and that in fact they see the CSX presence in the area as a loss.

Everything east of Selkirk will be sold to the highest bidder, there are no deals or agreements or trackage rights. Selkirk yard will be downgraded to the flat switched yard they wanted as a result of all this, and it will be seen as a benefit to the EHH disciples. The new owners will fend for themselves, which of course means right to NS or CP.

The old CSX would never allow that, but todays CSX doesn't care about any of that
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Re: CSX lines for sale / review

Postby Ironman » Thu Jan 25, 2018 6:06 pm

KenK wrote:I know it hasn't been mentioned as a possible sale, but the Compromise and the Niagara Branches in Buffalo may also be on the block in the future.


The Trains article mentioned it, I quote directly from the article "Branches and redundant trackage scattered around the system, including some in Alabama, Connecticut, Georgia, Illinois, Indiana, Ohio, and New York." Specific line names are not being giving to the press, but we know what they are.
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