South Carolina railroad set to acquire NS line (5/9/2003)
5/9/2024Lancaster and Chester Railway Co. (L&C) recently filed a notice of exemption with the Surface Transportation Board to acquire from Norfolk Southern Railway a 30.8-mile line between Kershaw and Catawba, S.C.
L&C already operates the line — which connects to its track near Lancaster, S.C. — under a lease agreement with NS.
In April 2001, the Class I and short line initially reached a lease/purchase agreement on the line. The railroads expect to finalize a purchase agreement soon.
The deal would more than double L&C's track mileage, from 29 miles to 59 miles — the first expansion in the short line's 107-year history.
Source: Progressive Railroading Daily News