Month: January 2003

CSX today praised New York Governor George Pataki and the State Legislature, especially sponsors Assembly Majority Leader Paul Tokasz and former State Senator Ron Stafford, for their efforts to encourage further development of the state’s transportation infrastructure by overhauling a tax structure that penalized railroads for investing in New York State.

Norfolk Southern Corporation plans to spend $798 million for capital improvements in 2003.

The Burlington Northern and Santa Fe Railway Company (BNSF) and Ferrocarril Mexicano (Ferromex) today announced they have improved their transborder intermodal service by significantly reducing transit times between major U.S./Canadian markets and Mexico.