Rail Sale - Southern Railway

The Rail Sale is promoted via the Rail Sale website and Rail Sale Tickets are available to purchase via participating Train Companies and ticket retailers for the Promotional Period. …

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Cincinnati Southern Railway Sold For $1.6 Billion, Funding City ...

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Nov 8, 2023 · The Cincinnati Southern Railway Board of Trustees has said the $1.6 billion trust fund from the sale will likely more than double what future railroad lease payments would have …

thecincinnatiherald.com

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Cincinnati Southern Railway | Public Information Including Meeting ...

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On November 21, 2022, the Cincinnati Southern Railway Board of Trustees executed a purchase agreement with Norfolk Southern (NS) for a lump sum of $1.6 billion plus transaction fees of …

cincinnatisouthernrailway.org

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Cincinnati’s $1.6 Billion Railway Sale To Norfolk Southern Is ... - FOX19

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Feb 21, 2023 · The Cincinnati Southern Railway Board of Trustees announced and executed the deal to sell the 337-mile rail line to Norfolk Southern for $1.6 billion at the end of last year.

fox19.com

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Norfolk Southern: What Is Status Of Cincinnati Railroad Sale

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Mar 15, 2023 · The Cincinnati Southern Railway Board, which wants to sell the city-owned railroad to Norfolk Southern for $1.6 billion, wants the Ferguson Act to say the money can only …

cincinnati.com

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Say Goodbye To The Last City-Owned Interstate Railroad - Governing

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Nov 20, 2023 · Voters backed the sale of Cincinnati Southern Railway, the only city-owned interstate railroad in the country. The city plans to put $1.6 billion from the sale into a trust fund …

governing.com

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Cincinnati Southern Railway Could Sell Interest For $1.6 Billion

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Nov 22, 2022 · The board that oversees the Cincinnati Southern Railway intends to sell it for $1.6 billion in a deal that could bring a windfall to the city of Cincinnati in exchange for giving up a …

usatoday.com

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Saluda Grade To Sell For $31.5 Million - Trains

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Jan 14, 2025 · SPARTANBURG, S.C. — The organization seeking to buy the Saluda Grade from Norfolk Southern for conversion to a trail will pay $31.5 million — $1 million a mile — for the …

trains.com

FAQs about Rail Sale - Southern Railway Coupon?

When does the rail sale end?

Celebrate 200 years of train travel with up to 50% off selected train tickets. No booking fees! The Rail Sale is now on to celebrate 200 years of train travel. And with up to 50% off single Advance tickets on selected routes, now’s the perfect chance to save on adventures big or small. But hurry, Rail Sale ends 20th January 2025. ...

Should Cincinnati sell the railroad?

Vice Mayor Christopher Smitherman of Cincinnati argues against selling the railway, especially to Norfolk Southern after the derailment in East Palestine. He also believes that $1.6 billion is not enough compared to the roughly $25 million the city receives annually under the current lease. ...

What is a rail sale ticket?

Rail Sale tickets may be issued with reservation tickets which must be carried when travelling. If the train company does not offer seat reservations on the train you are travelling on, your ticket will specify the date and time of travel. ...

Are rail sale tickets refundable?

Rail Sale tickets on Southern are not refundable unless the service you are booked to travel on is delayed or cancelled. On Thameslink and Great Northen Railway, the Off-Peak Day Return tickets will be subject to the normal refund rules. ...

Where can I get a discount on rail sale tickets?

The discount will be available on selected Advance tickets on Southern Railway. On Thameslink and Great Northern discounted Off-Peak Day Return tickets are available. Customers should visit nationalrail.co.uk/railsale to see what discounts are available for the location they wish to visit. Where can I buy Rail Sale tickets? ...

Why did Norfolk Southern buy the railroad?

As their terms remained far apart — Norfolk Southern initially offered $35 million a year — the company offered to buy the railroad outright, emphasizing that it was worth more as an owned asset than as a leased one, Muething says. ...