🚂Norfolk Southern's Control Acquisition of Railway Under Regulatory Review
Norfolk Southern Corporation and Norfolk Southern Railway Company-Acquisition of Control-Norfolk & Portsmouth Belt Line Railroad Company
Summary
The Surface Transportation Board (Board) is accepting for consideration the application filed on June 13, 2025, by Norfolk Southern Corporation (NSC) and Norfolk Southern Railway Company (NSR) (collectively, NS or Applicants). Applicants seek the Board's authorization of their acquisition of control of Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Class III rail carrier operating in Norfolk, Portsmouth, and Chesapeake, Va. This proposal is referred to as the Transaction. The Board finds that the application is complete. The Board, therefore, accepts the application and adopts a procedural schedule for its consideration.
Agencies
- Surface Transportation Board
Business Impact
$$$ - High
The notice pertains to the acquisition of control of the Norfolk & Portsmouth Belt Line Railroad Company by Norfolk Southern Corporation, involving significant regulatory scrutiny. Business owners in affected markets must comply with procedural deadlines affecting competitive dynamics in freight transport. The case also highlights potential antitrust implications and regulatory engagements impacting transportation costs and service terms.