Editing CSX Transportation (section)

===Meridian and Bigbee Railroad acquisition===

On June 28, 2023, CSX and [[Canadian Pacific Kansas City]] (CPKC) announced the intention to purchase [[Meridian and Bigbee Railroad]] (MNBR). The MNBR creates a connection {{convert|168|mi}} between CSX in [[Burkville, Alabama]] near [[Montgomery, Alabama|Montgomery]], and [[Meridian, Mississippi]], where it joins the [[Meridian Speedway]] heading west. Under the proposed agreement, CSX will resume operations between Montgomery and Myrtlewood, terminating the lease currently in place with MNBR, while CPKC will acquire the {{convert|50.4|mi}} segment of the line between Myrtlewood and Meridian. MNBR will cease operations between Montgomery and Myrtlewood although it may continue to operate between Myrtlewood and Meridian, and continue to serve existing customers on that segment of the line.<ref>{{Cite web |date=December 20, 2023 |title=STB sets schedules to consider CPKC, CSX plan to acquire G&W short line |url=https://www.progressiverailroading.com/federal_legislation_regulation/news/STB-sets-schedules-to-consider-CPKC-CSX-plan-to-acquire-GW-short-line--70587|access-date=December 20, 2023 |website=Progressive Railroading |language=en}}</ref> If the STB approves the purchase, it will provide a connection between the two companies' networks and allow CSX traffic destined for Mexico to be delivered directly to CPKC, eliminating the need for a third intermediate railroad to move such traffic. Currently, CSX traffic bound for Mexico is exchanged with the [[Union Pacific Railroad]] in [[New Orleans]], who then takes it to the cross-border gateway in [[Laredo, Texas]], where it is delivered to CPKC.<ref>{{Cite news |last=Stephens |first=Bill |date=July 10, 2023 |title=CPKC-CSX deal over Meridian & Bigbee shortcut finally realizes Mike Haverty's vision: Analysis |language=en-US |work=[[Trains (magazine)|Trains]] |url=https://www.trains.com/trn/news-reviews/news-wire/cpkc-csx-deal-over-meridian-bigbee-shortcut-finally-realizes-mike-havertys-vision-analysis/ |access-date=August 7, 2023}}</ref><ref>{{Cite news |last=Stephens |first=Bill |date=June 28, 2023 |title=CPKC and CSX to create direct interchange via G&W short line in Alabama |language=en-US |work=[[Trains (magazine)|Trains]] |url=https://www.trains.com/trn/news-reviews/news-wire/cpkc-and-csx-to-create-direct-interchange-via-gw-short-line-in-alabama/ |access-date=2023-08-07}}</ref>

In October 2024, the STB approved CSX's resumption of operations on the {{convert|93.7|mi}} leased from M&B between Burkville and Myrtlewood and CPKC's purchase of the {{convert|50.4|mi}} miles of line between Myrtlewood and Meridian. The agreement became effective on November 16, 2024.

Initially, and for the next five years, CSX and CPKC will interchange across the line an average of two trains per day in each direction.

In turn, the Board also required CSX to maintain its [[Selma, Alabama|Selma, AL]], gateway open and to provide one shipper access to the NS at Selma at the M&B rate for five years, subject to reasonable cost escalation. It also includes conditions protecting employees affected by the line sale, and requires noise mitigation efforts regarding the CSX portion.<ref>{{Cite news |last=Lassen |first=David |date=October 17, 2024 |title=Regulators approve CPKC, CSX acquisition of Meridian & Bigbee |language=en-US |work=[[Trains (magazine)|Trains]] |url=https://www.trains.com/trn/news-reviews/news-wire/regulators-approve-cpkc-csx-acquisition-of-meridian-bigbee/ |access-date=November 7, 2024}}</ref>

A few days before CSX and CPKC officially took over the former M&B line, [[Schneider National]], CSX's one of major intermodal partners and CPKC's main partner, announced that a new interline service connecting the Southeast (Florida and Georgia) with the Texas and Mexico markets via the route between Montgomery and Meridian will be launched beginning in December.<ref>{{Cite news |last=Cannon |first=Jason |date=November 11, 2024 |title=Schneider launches 'transformational' cross border intermodal service |language=en-US |work=[[CCJ Digital]] |url=https://www.ccjdigital.com/business/article/15707940/schneider-launches-new-intermodal-service-with-cpkc |access-date=November 18, 2024}}</ref>