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We recently published a list of 10 Best Railroad Stocks To Buy According To Billionaires. In this article, we are going to take a look at where Norfolk Southern Corporation (NYSE:NSC) stands ...
Also on the list was the Southern Pacific Railroad Depot (1926), which was listed on the National Register of Historic Places in 2012, and the American Railway Express Agency building (1926).
The project, estimated at $2 million, will receive $1.6 million from the Federal Railroad Administration, with additional contributions from the state and the railroads CSX and Norfolk Southern.
The first payment from the Cincinnati Southern Railroad sale will deliver $56 million for city improvements. Officials plan to distribute this across streets, bridges, parks, rec centers and more.
The City of Forsyth said Norfolk Southern Railroad notified the city "on very short notice" that the closure would begin Friday morning at 7:30 a.m. and is scheduled to last until 6:30 p.m.