EXHIBIT 99.2


                          ANNUAL SERVICER'S CERTIFICATE
                            CSX TRANSPORTATION, INC.

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                       CSXT TRADE RECEIVABLES MASTER TRUST

          Issuer in respect of the CSXT Trade Receivables Master Trust
        6.00% Trade Receivables Participation Certificates, Series 1998-1
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          The   undersigned,   a   duly   authorized   representative   of   CSX
Transportation, Inc., as Servicer ("CSXT"), pursuant to the Amended and Restated
Pooling and  Servicing  Agreement  dated as of October 27, 1993,  as amended and
supplemented,  (the  "Agreement")  among CSX Trade Receivables  Corporation,  as
Seller, CSX Transportation,  Inc., as Servicer, and The Chase Manhattan Bank, as
Trustee, does hereby certify that:

          1.   CSXT is, as of the date hereof, the Servicer under the Agreement.
               Capitalized  terms used in this Certificate have their respective
               meanings as set forth in the Agreement.

          2.   The  undersigned  is a Servicer  Officer  who is duly  authorized
               pursuant to the Agreement to execute and deliver this Certificate
               to the Trustee.

          3.   A review of the activities of the Servicer during the fiscal year
               ended  December  25,  1998,  and of  its  performance  under  the
               Agreement was conducted under my supervision.

          4.   Based  on  such  review,  the  Servicer  has,  to the  best of my
               knowledge,  performed  in all material  respects its  obligations
               under the Agreement  throughout  such year, and no default in the
               performance  of such  obligations  has occurred or is  continuing
               except as set forth in paragraph 5 below.

          5.   The following is a description of each default in the performance
               of  the  Servicer's  obligations  under  the  provisions  of  the
               Agreement  known to me to have been made by the  Servicer  during
               the fiscal  year ended  December  25,  1998,  which sets forth in
               detail (i) the nature of such  default,  (ii) the action taken by
               the  Servicer,  if any, to remedy each such default and (iii) the
               current status of each such default: None.

          In WITNESS WHEREOF, the undersigned has duly executed this certificate
          this 5th day of March, 1999.


                                          CSX TRANSPORTATION, INC., Servicer


                                      By: /s/ JAMES M. TILLEY
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                                          James M. Tilley
                                           Assistant Treasurer

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