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FEC Railway Sale Should Drive Strong Interest From CSX & NS


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#1 KevinKorell

KevinKorell

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Posted 20 October 2016 - 11:16 AM

Seeking Alpha, 10/19/16:


 

Florida East Coast Railway Sale Should Drive Strong Interest From CSX And Norfolk Southern

 

According to recent news, Fortress Investment Group LLC is considering a sale of Florida East Coast Railway.

 

Such a move is going to garner strong consideration from both CSX and Norfolk Southern; Genesee & Wyoming would also likely be a candidate.

​The story is here.   One must wonder how such a sale would affect BrightLine (All Aboard Florida), potential future Amtrak service routed along the populous coast, and the proposed TriRail Coastal Link.

 



Kevin Korell


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Lakewood, NJ





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