Virginia Finalizes $3.7 Billion Deal To Acquire Train Tracks

Virginia officials and freight railroad company CSX have signed a $525 million deal to transfer 223 miles of track and 386 miles of right-of-way to the commonwealth, a key part of a larger $3.7 billion program announced in 2019 to increase Amtrak passenger service and VRE commuter rail service in Virginia over the next decade.

“Today, we’re celebrating a major, major milestone in our work to make it easier for people and goods to move around Virginia and up and down our East Coast,” said Gov. Ralph Northam, who stood alongside officials from CSX, Amtrak and VRE during a signing ceremony at a VRE station in Alexandria on Tuesday.

Tracks in America are almost universally owned by freight railroads, which allow passenger service like Amtrak and VRE to operate.

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