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               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                            Form 8-K

               Pursuant to Section 13 or 15(d) of
              the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  January 27, 1997
                                                   ----------------

       CSX Trade Receivables Corporation on behalf of the
              CSXT Trade Receivables Master Trust
 (Issuer in respect of the CSXT Trade Receivables Master Trust
5.05% Trade Receivables Participation Certificates, Series 1993-1)
- ------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

          Delaware                    33-67034             59-3168541
- -------------------------------      -----------       ------------------
(State or other jurisdiction of      (Commission       (I.R.S. Employer
incorporation or organization         File No.)         Identification No.)

             Route 688
            P.O. Box 87
          Doswell, Virginia                               23047
- ----------------------------------------               ----------
(Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code:  (804) 876-3220
                                                     --------------

                         Not Applicable
  ------------------------------------------------------------
 (Former name or former address, if changed since last report.)

Item 5.        Other Events.

               The Registrant is filing the exhibit listed in Item 7
below.

Item 7.        Financial Statements, Pro Forma Financial Information and
               Exhibits.

               Exhibit 7.1        Monthly Statement for the 5.05% Trade
                                  Receivables Participation Certificates, Series
                                  1993-1 with respect to the January 27, 1997
                                  Distribution Date.








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                           Signatures

       Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on behalf of the CSXT
Trade Receivables Master Trust by the undersigned, hereunto duly authorized.


                                       CSXT TRADE RECEIVABLES MASTER TRUST

                                       By:  CSX TRADE RECEIVABLES CORPORATION



                                            /s/ ROBERT M. PEEBLES
                                            --------------------- 
                                            Robert M. Peebles
                                            Vice President-Accounting and
                                              Assistant Treasurer

Date:  February 7, 1997
































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                          EXHIBIT LIST





Exhibit
- -------


7.1              Monthly Statement for the 5.05% Trade Receivables
                 Participation Certificates, Series 1993-1 with
                 respect to the January 27, 1997 Distribution Date






















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