Norfolk southern to purchase assets of the cincinnati southern railway

Historic transaction to strengthen company's railway operations  by securing strategic segment of network atlanta , nov. 21, 2022 /prnewswire/ -- norfolk southern corporation (nyse: nsc) announced today the execution of a purchase agreement under which the company's operating subsidiary, norfolk southern railway company, will acquire substantially all of the assets of the cincinnati southern railway (csr), an approximately 337 mile railroad that runs from cincinnati, ohio to chattanooga, tennessee. the csr is currently owned by the city of cincinnati and operated by the cincinnati, new orleans and texas pacific railway company (cnotp), a wholly owned subsidiary of norfolk southern railway, under a lease agreement expiring in 2026.
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