Chesapeake and Albemarle Railroad

Norfolk & Portsmouth Belt Line Railroad #5260 crossing Elm Ave. Portsmouth, Virginia. At U.S. Norfolk Naval Shipyard.5260 is painted a commemorative scheme as part of the Norfolk Southern, Heritage Program. (David E. George III/Wikimedia Commons)

STB to NS: Proposed NPBL Acquisition Is ‘Significant’ Transaction (UPDATED 7/11)

The Surface Transportation Board (STB) on March 14 reported that it will review Norfolk Southern’s (NS) proposal to acquire Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Virginia S&T (switching and terminal) railroad, as a “significant” transaction. NS in June provided the STB-required supplement to its acquisition application, and on July 7, the Board accepted the application as complete and set a procedural schedule.