JACKSONVILLE, Fla. — Canadian Pacific Kansas City, CSX Corp. and Genesee & Wyoming Inc. have announced they have reached agreements that when completed will create a new direct CPKC-CSX interchange connection in Alabama.
As part of the series of proposed transactions, CPKC and CSX would each acquire or operate portions of Meridian & Bigbee Railroad LLC, a G&W-owned railway in Mississippi and Alabama, to establish a new freight corridor for shippers that connects Mexico, Texas and the U.S. Southeast.
“This strategic acquisition will bring more shipping options to intermodal, automotive and other customers by providing a. . .
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