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 $24.5 million to be paid at closing.

Per the terms and conditions of the sale agreement, the Ohio Legislature must first make certain amendments to the founding legislation enacted in 1869 (Known as the “Ferguson Act”). Importantly, the original “Ferguson Act” required Cincinnati voters to approve the creation of the railroad. It also requires Cincinnati voters to approve its sale. This requirement will not change.

This CSR Sale page, as well as the Public Information and Media Room pages on this website, provide information also directly related to the possible sale of CSR. In an effort to be transparent and helpful, some information on this and the other pages may be the same or similar.

• A growing Need. A Unique Opportunity. (By: Charlie Luken and Amy Murray, Cincinnati Southern Railway Board of Trustees – February 2023) (.pdf attached)
• Frequently Asked Questions: Potential Sale of the Cincinnati Southern Railway to Norfolk Southern (.pdf attached)
• A Better Value for the Citizens of Cincinnati (By: Paul Muething, President, Cincinnati Southern Railway Board of Trustees – February 2023) (.pdf attached)
• A Remarkable and Historic Opportunity (By: Paul Muething, President, Cincinnati Southern Railway Board of Trustees – February 2023) (.pdf attached)
• CSR Valuation & Offers (2.2023) (.pdf attached)