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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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