NasdaqGS:CSXTransportation
Is CSX’s Locomotive Upgrades and Maine Branch Revival Altering The Investment Case For CSX (CSX)?
Earlier this year, CSX announced a US$670 million agreement with Wabtec to upgrade its locomotive fleet with modern Evolution Series units, while partner TransloadX moved to revive two largely dormant Maine branch lines leased from CSX to support regional industrial rail activity.
Together, these steps point to CSX pairing long-term efficiency upgrades in its core network with efforts to reactivate underused rail corridors through third-party investment.
Next, we’ll examine how CSX’s US$670...