Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Rail Industry Trends


Rail News: Rail Industry Trends

CSXT, Florida utility co-op settle rate case


CSX Transportation announced yesterday that it has settled a rate case with Seminole Electric Cooperative Inc., which filed a motion with the Surface Transportation Board (STB) to dismiss the case.

The parties have “entered into a mutually agreeable transportation contract,” the terms of which are being kept confidential, according to CSXT.

In October 2008, Seminole filed a complaint with the STB challenging CSXT’s proposed rates for continuing to move coal from the Illinois Basin and Appalachia to a generating station near Palatka, Fla. The rates were "unreasonably high and unlawful under federal law," said officials of the cooperative — which provides electricity to 46 of Florida's 67 counties — at the time.

Contact Progressive Railroading editorial staff.

More News from 9/15/2010