Server: Netscape-Enterprise/2.01 Date: Thu, 20 Nov 1997 16:07:55 GMT Content-type: text/html
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CSX Corporation for the Media: The New CSX Transportation ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Heres a look at the new CSX Transportation. Geographic Reach CSXT will provide rail transportation and distribution services over a 23,000 route-mile network in 23 states east of the Mississippi; the District of Columbia; and Montreal and Ontario, Canada. Revenues Projected at $6.4 billion. Major markets served CSXT will reach every major market east of the Mississippi, improving service, speed and reliability by eliminating the cost of delays associated with interchange points. Traffic between major Southeast producing markets and the high-consumption markets of the Midwest and Northeast will benefit from single-line service, providing customers with direct rail connections to New York City, Boston and Montreal. Ports served CSX Transportation will continue to serve more Atlantic, Gulf and Great Lakes ports than any other railroad in the United States, including most major East Coast ports stretching from Boston to Miami. Key Service Corridors ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Leveraging Gateway Flows to Western Carriers: On westbound movements, CSXT will be able to by-pass the persistent congestion at Chicago, interchanging trains with the two major western rail carriers. Customer transit times to Union Pacific/BNSF destinations will be reduced by at least one day. Expedited East-West service: In interchange with western carriers, CSXT will be able to by-pass terminal facilities at St. Louis, classifying East-West traffic at the modern rail facility in Indianapolis, and freeing up capacity at Cincinnati. The additional capacity at Cincinnati will expedite shipments destined to the Southeast. These improvements are expected to reduce transit times by at least a day. Major commodities ![]() ![]() ![]() ![]() ![]() ![]() Key Benefits: Grain Southern farmers and grain processors will have access to more competitively priced grain and grain by-products from Midwest markets. Conversely, Midwest grain producers will realize expanded reach to Southern markets. Paper CSX serves more paper mills than any other eastern rail carrier, offering more single-line opportunities for customers. Mid-Atlantic and Southern producers of paper products such as newsprint, pulpboard and woodpulp will have access to new markets in Midwest, Northeast and Mid-Atlantic regions. More raw materials sourcing options will be available to users of recycled pulp and paper products in the Southeast and greater opportunities for scrap paper backhauls from the Northeast to Southern and Mid-Atlantic paper mills. Metals Midwest steel producers will expand market reach to southern automobile and appliance manufacturers through more direct, single-line service between the North and South, and to and from Midwest points. Midwest metal producers will see enhanced sourcing options for scrap metal. Automotive Michigan and Ohio motor vehicle manufacturers will benefit from broader market reach into the Southeast, resulting in fewer circuitous routes, fewer handlings and fewer delays. Coal Access to the former Monongehela coal fields by CSXT will provide additional coal choices for utilities that may scrub high-sulfur coal and will allow shorter, more direct routes to Baltimore export coal piers. Chemicals Overall, chemicals will receive faster transit times and fewer handlings, improving service and safety. For the first time, CSXT will access the burgeoning northern New Jersey chemical industry, known as the "Chemical Coast." |
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