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November 1995

 

CSXT Expands Pumpkin Fleet

As of October 29, CSXT had 42 orange (pumpkin) maintenance of way locomotives on the roster. The fleet consists of older model road units whose reliability is no longer high enough to place them in regular road service. According to the company, the program is improving locomotive utilization by allowing more reliable units to serve revenue-producing trains.

 

Norfolk Southern & Conrail Inaugurate Stack Service via Hagerstown

Norfolk Southern and Conrail officially inaugurated joint north-south doublestack container service on October 4 following a $17-million project to lower tracks or raise clearances. Implementation of the service is the "finishing touch" on service begun May 15 using the Hagerstown, Maryland, gateway between the two railroads.

 

"Baltimore Gateway" Visitor Center Planned at Penn Station

The city of Baltimore has announced plans to create a "Baltimore Gateway" visitor center at Penn Station. About 36,000 rail passengers a week now pass through the station, which is served by Amtrak and MARC trains, and within the next two years will also be served by an extension of Baltimore's light rail system.

 

Delta Air Lines to Explore Maglev Opportunity in Florida

Delta Air Lines intends to explore joint commercial opportunities with American Maglev Technology, Inc., in connection with a proposed maglev rapid transit system in Florida.

 

CSXT Retains Stop and Proceed Signal

CSXT intended to re-implement its Restricted-Proceed signal effective October 1, but on that date the company rescinded the change. Instead, the signal Stop and Proceed remains in effect on CSXT lines.

 

CSX Boosts Dividend

CSX Corporation's board of directors has boosted the company's quarterly dividend from 44 cents to 52 cents a share, and approved a two-for-one stock split. The 52 cent dividend is on a pre-split basis. The two-for-one split becomes effective December 21. The company had 105.2 million common shares outstanding on June 30.

 

CSXT Locomotive Notes

PUMPKINS .. (orange maintenance of way units, as of 10/29/95):

ROSTER STATUS .. (as of 10/29/95):