WASHINGTON — Independent North Carolina short line Aberdeen Carolina & Western will acquire the 104 miles of track it has leased from Norfolk Southern since 1989.
The Piedmont Subdivision runs from milepost 282.63 in Gulf, N.C., to milepost 386.91 in Charlotte. The deal, outlined in a regulatory filing with the Surface Transportation Board, is expected to close this month.
Th AC&W also owns and operates a 34.5-mile line, the Sandhills Division, that runs between Aberdeen and Star, N.C., junction with the Piedmont Subdivision.
This is the second North Carolina shortline deal NS has made in the past month.
In a transaction expected to close this month, R.J. Corman Railroad Co. has acquired a 43-mile branch line and leased another 20-mile branch in North Carolina from NS.
The newly created Raleigh & Fayetteville Railroad will operate between Raleigh and Fayetteville, N.C., on an original Norfolk Southern Railway line. The original NS was merged into Southern Railway in 1974.
