Dec 17, 2008

CSX offers a commitment but will it be enough?

Click title for story link. CSX and partners are making threats again!!! Volusia County officials today received a letter from Jacksonville-based CSX Transportation saying the company will not close on its sale of the 61.5-mile corridor for commuter rail until the state Legislature agrees to provisions that would limit the company's financial liability for accidents involving commuter rail on the line. "Without this agreement on the allocation of liability and insurance coverage, CSXT will not close on the sale of the line," says the letter from Lisa Mancini, the company's vice president for strategic infrastructure.The question is whether it will be enough of a guarantee to keep on track Volusia's involvement in the the proposed Central Florida commuter rail connecting DeLand and Poinciana.