November 15, 2018 - pnj.com -
Railroad giant CSX plans to sell 373 miles of track between Pensacola and Jacksonville to Florida Gulf and Atlantic Railroad, a subsidiary of Boca Raton-based Rail USA.
The deal was made public as part of a filing with federal Surface Transportation Board earlier this month. The filing, which did not include a price, stated that Rail USA planned to hire 37 Tallahassee-based employees.
Local officials and regional officials said Wednesday they were unsure what the transaction could mean for the future of passenger rail service along the Florida Gulf Coast. 
Read more: https://www.pnj.com/story/news/2018/11/15/railroad-giant-csx-announces-deal-sell-pensacola-jacksonville-line/2004645002/

Note: Amtrak pulled out of passenger rail service between New Orleans and Jacksonville, Florida in 2005 when tracks were temporarily damaged by Hurricane Katrina. Amtrak's schedules and maps continue to describe the route between New Orleans and Orlando as suspended. Obstacles to restoration of the Sunset Limited's full route have been more managerial and political than physical. (wikipedia).