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Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.

SPRINGFIELD, Mass. — Federal regulators recently rejected CSX’s plan to buy Pan Am Railways Inc., which operates 1,200 miles of track.

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.

CSX Corp. reported lower first-quarter income and revenue compared with 2020, officials for the Class I railroad said April 20.

CSX Corp. reported lower fourth-quarter and annual income and revenue compared with 2019, officials for the Class I railroad said Jan. 21.

CSX Corp. has agreed to buy Pan Am Railways Inc., North America’s largest regional railroad based in New England, extending CSX’s reach in Connecticut, Massachusetts and New York and adding Maine, New Hampshire and Vermont to its 23-state network.

CSX Corp. reported a slip in third-quarter financial results due to the impact of the coronavirus pandemic on shipments.

CSX Corp. became the latest Class I freight railroad to report lower earnings because of the COVID-19 pandemic when it reported second-quarter results July 22.

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

The Manlius town planning board this week urged “great caution” as town officials consider how a proposed rail-and-truck cargo hub near the CSX rail yard would affect traffic on Fremont and Kirkville roads.