Palmetto Railways gets initial go-ahead for Volvo Cars rail line

A plan to let Palmetto Railways buy the land it needs to link the Volvo Cars manufacturing campus with a CSX rail line, even as it waits for permits for the new tracks, received initial approval Tuesday from the state’s Joint Bond Review Committee.

The committee approved spending $5.5 million to acquire the necessary right-of-way, which stretches nearly 23 miles through 45 parcels. If the cost exceeds that amount, Palmetto Railways would have to go back to the committee for another approval…Read More