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Union Pacific, Norfolk Southern and merger
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But a local rail line that runs from Salisbury, North Carolina, through Asheville and the Blue Ridge Mountains to Morristown, Tennessee, was severely damaged with 21,500 feet of track washed out.
Norfolk Southern plans to add capacity on the 3B Corridor by investing more than $200 million to position the line to handle projected growth in several sectors. According to the company, the ...
The city of Charlotte has a tentative agreement to buy the Norfolk Southern freight rail line for $91 million. The city wants to use the rail tracks for a commuter rail line to Lake Norman.
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