SC Commerce's railroad operator is borrowing $10M to finish Volvo line

S.C. Commerce’s Palmetto Railways is borrowing $10 million to complete a 23-mile line between the Volvo Cars plant in ...

New SC Ports CEO's 1st major decision is to postpone rail yard debut indefinitely

Four days into the job, the CEO of SC Ports said it makes no sense to open a partially built $400M rail hub on the former ...
WSPA

CSX profit falls 14% in the second quarter even though rail shipments were flat

CSX railroad’s profit slipped 14% in the second quarter even though the volume of shipments it delivered remained flat as it continued working on two major construction projects on its network. The ...
WSPA

CSX railroad’s merger prospects derail as BNSF and CPKC make clear they aren’t interested in a deal

OMAHA, Neb. (AP) — The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal. Investors widely ...