CSX is asking for bids for purchase of these lines. Nothing major here, but I suspect there will be more. Massena Line: Line extending north from Syracuse, NY to Canada Baldwinsville Subdivision: Branch line west of Syracuse, NY West Albany and Rensselaer, NY (various segments near Albany) Cumberland Valley: Feeder lines extending east of Corbin, KY Eastern North Carolina: Branch lines terminating in Grangers and Plymouth, NC Marietta Subdivision: Branch line extending north out of Parkersburg, WV
Following along with any bidding will say a lot about their viability- through seeing who is doing the bidding.
There is a Buyers price and a Sellers price - I have the feeling that CSX will sell dear! They will only sell at their profit. There is no financial reason the must sell except to profit and profit handsomely from the process.
Depending on the length of these lines, there may also be a considerable tax savings that goes along with that sale profit.