Broe Group

CSX spins off two to OmniTRAX

CSX has sold the Alabama & Tennessee River Railway, LLC (ATN) and the Fulton County Railway, LLC (FCR) to HGS Railway Holdings Inc., a managed affiliate of OmniTRAX, Inc. Terms for the transaction were not disclosed. OmniTRAX has managed both short lines for several years. Operations are expected to continue unchanged following the acquisition.