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This document serves as the notice of exemption for the Norfolk Southern Railway Company to abandon a segment of rail line in Chowan County, NC, addressing the requirements for abandonment and service
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How to fill out Norfolk Southern Railway Company–Abandonment Exemption

01
Obtain the Norfolk Southern Railway Company–Abandonment Exemption form from the official website or relevant authority.
02
Review the instructions provided with the form carefully.
03
Fill in the identification section with your name, contact information, and any relevant business details.
04
Provide details about the railway line you wish to abandon, including its location, length, and designation.
05
Explain the reason for seeking the abandonment exemption, including any operational or economic factors.
06
Include any supporting documents that may be required, such as maps or financial statements.
07
Review your application for accuracy and completeness.
08
Submit the completed form by the specified submission method (online, mail, etc.) and keep a copy for your records.

Who needs Norfolk Southern Railway Company–Abandonment Exemption?

01
Railway companies looking to discontinue service on a section of track.
02
Local governments considering redevelopment or alternative uses for abandoned railway corridors.
03
Land developers interested in acquiring railway land for new projects.
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People Also Ask about

The abandonment process starts when the railroad company submits a notice to the STB about their intent to abandon a railway line; this notice is served 10 days before the formal abandonment petition is filed by the railroad company.
The ownership structure of Norfolk Southern (NSC) stock is a mix of institutional, retail, and individual investors. Approximately 45.80% of the company's stock is owned by Institutional Investors, 0.05% is owned by Insiders, and 54.15% is owned by Public Companies and Individual Investors.
The average Trainmaster base salary at Norfolk Southern is $92K per year. The average additional pay is $7K per year, which could include cash bonus, stock, commission, profit sharing or tips.
The railroad operates 36,000 track miles. Its rolling stock consists of 4,143 owned and leased locomotives and 87,714 owned and leased freight cars. Norfolk Southern Corp. employs more than 30,000 people.
Its rolling stock consists of 4,143 owned and leased locomotives and 87,714 owned and leased freight cars. Norfolk Southern Corp. employs more than 30,000 people.
The minimum horizontal clearance required from centerline of tangent secondary track is fifteen (15) feet on Norfolk Southern property. 3. For signs overhanging tracks, the minimum vertical clearance required is twenty-three (23) feet above top of rail.
Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway.
Norfolk Southern has an overall rating of 3.1 out of 5, based on over 2029 reviews left anonymously by employees. 41% of employees would recommend working at Norfolk Southern to a friend and 34% have a positive outlook for the business. This rating has improved by 7% over the last 12 months.

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The Norfolk Southern Railway Company–Abandonment Exemption refers to a regulatory provision that allows the Norfolk Southern Railway to abandon a segment of its rail line without undergoing the full formal procedure typically required for abandonments, provided certain conditions are met.
The Norfolk Southern Railway Company itself is required to file the Abandonment Exemption, typically involving the company’s representatives and regulatory compliance staff.
To fill out the Norfolk Southern Railway Company–Abandonment Exemption, the filing entity must complete the relevant forms or applications provided by regulatory authorities, ensuring that all required information, such as the details of the rail line and reasons for abandonment, are accurately filled out.
The purpose of the Norfolk Southern Railway Company–Abandonment Exemption is to streamline the process for railway companies to abandon less utilized rail lines, allowing for more efficient use of resources while still adhering to regulatory oversight.
The information that must be reported on the Norfolk Southern Railway Company–Abandonment Exemption typically includes the location and details of the rail segment to be abandoned, reasons for the abandonment, any impacts on the community, and compliance with predetermined criteria set by regulatory agencies.
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