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Significant capacity improvements will enhance critical rail corridor, open additional opportunities for statewide business and economic growth
ATLANTA, Aug. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE:NSC) is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in several sectors as the Southeast progresses as an economic powerhouse for the US economy.
The 3B Corridor is strategically aligned with the Port of Mobile, which contributes $85 billion in annual economic value to Alabama. The corridor represents an important segment of Norfolk Southern's annual traffic, serving critical industries like agriculture, automotive, chemicals, forestry, and steel. The investments are expected to yield immediate returns when they begin to come online in 2025.
Posted In: NSC