CSX to invest $40M in local rail infrastructure

Click title to link to story. CSX Corp. plans to spend $40 million to connect its Northeast Jacksonville rail spur to its main line along U.S. 1 so that trains going to and from new container terminals being built or planned don't have to travel through town to its Westside rail yard. The bypass initiative is linked to the Jacksonville Port Authority's plans to develop an intermodal container transfer facility on the Northside to receive containers from the soon-to-open TraPac Inc. terminal at Dames Point and a proposed Hanjin Shipping Co. Ltd. terminal nearby. Combined, the two terminals are projected to have a capacity of 1.8 million 20-foot-equivalent units of containerized cargo a year.