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Eastern Railroad Discussion > NS/CSX Ownership of NYSW and NPBL


Date: 04/20/17 15:43
NS/CSX Ownership of NYSW and NPBL
Author: krm152

My understanding is that New York, Susquehanna & Western Railway (NYSW) ownership is 40% Norfolk Southern, 40% CSX, and 20% Delaware Ostego Corp.

Also, my understanding is that Norfolk & Portsmouth Belt Line (NPBL) ownership is 57% Norfolk Southern and 43% CSX.

I cannot seem to find any info in either NS’ 2016 Annual Report or their 2016 STB Report.

Are my ownership figures correct and how can they be confirmed?

ALLEN



Date: 04/20/17 15:55
Re: NS/CSX Ownership of NYSW and NPBL
Author: NSDash9

Correct on the NPBL. Info on their website here:

http://www.npblrr.com/about-us/history/


Chris Toth
NSDash9.com



Date: 04/20/17 16:41
Re: NS/CSX Ownership of NYSW and NPBL
Author: pal77

CSX and NS only own 20% of NYSW, but the do have board members giving them a substantial say in management matters. I have post the original press release before.
http://www.trainorders.com/discussion/read.php?2,2862904,2863927#msg-2863927



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