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CSX CEO fighting high-speed rail

(Source: Bloomberg News, July 27, 2011)

WASHINGTON, D.C. According to Bloomberg, CSX CEO Michael Ward is opposed to raising speed limits on CSX tracks to accommodate passenger trains. He told Bloomberg that: "You can't make money hauling passengers, so why would I want to do that? That wouldn't be fair to my shareholders."

Full story: Tampa Tribune

Wednesday, July 27, 2011

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