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Article: United States : Norfolk Southern preparing to abandon rail line.
- Article from:
- TendersInfo
- Article date:
- October 5, 2009
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Norfolk Southern Corp. is in the process of abandoning most of its railroad from Covington to Newborn because the line will no longer be used. The decision to abandon comes after Norfolk Southern chose to not renew its lease with the Great Walton Railroad Company as of Sept. 30.
Norfolk Southern Spokeswoman Susan Terpay said the lease was not renewed because the company wanted to pursue other opportunities. She confirmed that Norfolk Southern is still negotiating a possible sale of the railroad to Newton County, but said she couldn t give out any more details. A three-year lease was signed 20 years ago, and when that initial lease
expired, it was ...