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Rail News: M&A

CSXT grants terminal railroad trackage rights to Peach State port line


CSX Transportation and Golden Isles Terminal Railroad Inc. (GIT) recently reached a trackage rights agreement pertaining to a line near Georgia Ports Authority’s Garden City Terminal and CSXT’s yard in Savannah.

The rights will enable GIT to access the yard — which the terminal railroad is leasing from CSXT — and provide terminal switching and other services for port customers.

Earlier this month, CSXT and GIT filed an exemption notice with Surface Transportation Board, which approved the transaction.