Norfolk Southern’s (NS) proposed purchase of the approximately 337-mile, City of Cincinnati-owned Cincinnati Southern Railway (CSR) can move forward, city voters decided Nov. 7.
Cincinnati Southern Railway
Norfolk Southern is looking to purchase the 338-mile Class II Cincinnati Southern Railway (CSR), which it and its predecessor railroads have been operating under a 141-year-old lease agreement with its owner, the
Norfolk Southern (NS) on Nov. 21 reported executing a purchase agreement to acquire substantially all the assets of the 337-mile Cincinnati Southern Railway (CSR), which runs between Cincinnati, Ohio, and Chattanooga, Tenn. The $1.62 billion deal is expected to close in first-half 2024.