Stakeholders reach potential settlement on Gulf Coast Amtrak service

Some level of Amtrak passenger rail service could be established on the Gulf Coast, based on a recent filing submitted to the Surface Transportation Board.

In a joint filing Monday, Amtrak, CSX (NASDAQ: CSX), Norfolk Southern (NYSE: NSC) and the Alabama State Port Authority asked the board to hold off on a Nov. 30 hearing on Amtrak’s plans to restore Gulf Coast service between Mobile, Alabama, and New Orleans because the parties have a potential settlement within sight.

The parties also asked STB...

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