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NS to acquire Cincinnati Southern for $1.62 billion

(Source: Railway Age, November 21, 2022) 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...

CSX-Pan Am merger complete

(Source: Railway Age, June 1, 2022) NEW YORK — CSX on June 1 reported completion of its Pan Am Railways, Inc., acquisition, six weeks after the Class I railroad received regulatory approval from the Surface Transportation Board (STB). Transaction terms were not...

Watson Bryant to lead New Orleans Public Belt Railroad

(Source: Progressive Railroading, May 18, 2022) The New Orleans Public Belt Railroad Commission (NOPB) has promoted Tomeka Watson Bryant to general manager. When she begins her new duties on June 1, Watson Bryant will become the first African-American woman to lead a...