CSXT, Seminole Reach Settlement in Rate Case

^{Published on 2010-09-14 17:20:19 - Market Wire}
 

CSXT, Seminole Reach Settlement in Rate Case -- JACKSONVILLE, Fla., Sept. 14 /PRNewswire/ --

JACKSONVILLE, Fla., Sept. 14 /PRNewswire/ -- CSX Transportation today issued the following statement:

"We are pleased to announce that the Surface Transportation Board (STB) rate case between CSX Transportation, Inc. and Seminole Electric Cooperative, Inc. has been settled and Seminole has filed a motion to dismiss the case (Docket No. 42110).  The parties have entered into a mutually agreeable transportation contract, the terms of which are confidential."

About CSXT:

CSX Transportation Inc. is a principal operating company of CSX Corporation. CSX Corporation, based in Jacksonville, Fla., is one of the leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The Company's transportation network spans 21,000 miles with service to 23 eastern states and the District of Columbia, and connects to more than 70 ocean, river and lake ports. More information about CSX Corporation and its subsidiaries is available at the Company's website, [ www.csx.com ].

SOURCE CSX Transportation

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