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3/31/2003



Rail News: Rail Industry Trends

Chattahoochee & Gulf to acquire Central of Georgia Railroad line


Chattahoochee & Gulf Railroad Co. Inc. (CGR) recently filed a notice of exemption with Surface Transportation Board to acquire from Central of Georgia Railroad Co. (CGA) a 24.2-mile line from Hilton, Ga., to Dothan, Ala.


CGR also would acquire from CGA 2.8 miles of incidental overhead trackage rights, enabling 15-mile Chattahoochee Industrial Railroad to interchange traffic with CGA.


CGR expects soon to complete the deal with CGA, which is a Norfolk Southern Railway subsidiary.










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