16 Apr 2025
🚆Norfolk Southern's Proposed Acquisition of Norfolk & Portsmouth Belt Line
Norfolk Southern Corporation and Norfolk Southern Railway Company-Acquisition of Control-Norfolk & Portsmouth Belt Line Railroad Company
Summary
Norfolk Southern Corporation and Norfolk Southern Railway Company (collectively, Applicants) are seeking Board approval to acquire control of Norfolk & Portsmouth Belt Line Railroad Company (NPBL). In this decision, the Board is publishing notice of the proposed procedural schedule, inviting public comments on that schedule, and designating 2023 as the year to be used for the impact analysis.
Agencies
- Surface Transportation Board
Business Impact
$$ - Med
The notice concerns the proposed acquisition of Norfolk & Portsmouth Belt Line Railroad by Norfolk Southern, which requires compliance with regulatory procedures and public comments. Business owners may need to monitor the impact on transportation logistics and market dynamics in the region.