STB Considers Rail Leases and Agreements with Conrail Inc. and Other Entities

Summary

The Surface Transportation Board (STB) is considering applications from various rail companies, including CSX Corporation and Norfolk Southern Corporation, regarding control and operating leases/agreements with Conrail Inc. and other entities. The applications were filed in response to a specific STB finance docket, and include proposals from companies such as New York State Electric and Gas Corporation, Elgin, Joliet & Eastern Railway Company, and Illinois Central Railroad Company.