To benefit North Carolina by aggressively leveraging the unique strengths and capabilities of the North Carolina Railroad Company.
A modernized railroad that meets the needs of the future, expanding North Carolina’s competitive advantage.
The North Carolina Railroad Company (NCRR) owns and manages the 317-mile rail corridor that stretches from Charlotte to the Port Terminal in Morehead City. Our rail corridor is a vital route for freight moving east to west, and north to south. It connects to routes carrying freight and people throughout the eastern United States. The railroad corridor is a rich asset, which we proudly protect and manage for the benefit of North Carolina’s citizens.
The North Carolina Railroad: Collaborating with Communities and Spurring Economic Growth
The North Carolina Railroad Company is a private business corporation with one hundred percent of the stock owned by the state of North Carolina. NCRR was chartered in 1849 for the purpose of economic development, and we continue to invest in rail infrastructure and increased freight rail capacity to recruit new and expanding industry to our state.
Norfolk Southern Corporation, a Class I freight rail company, leases the tracks through a long-standing agreement. NCRR reinvests its lease and other revenue in the Railroad and in the State of North Carolina, to ensure the state maintains its competitive advantage, resulting in job creation.
In addition to our partnership with Norfolk Southern, CSX, also a Class I freight railroad, uses a portion of our corridor. We also work closely with the North Carolina Department of Commerce and the North Carolina Department of Transportation (NCDOT) on capital improvement projects and through passenger rail service offered on our line via Amtrak.
The North Carolina Railroad is an asset like no other in the state. We have a rich heritage in North Carolina and NCRR is committed to continuing to invest in opportunities that lead to job growth. We work closely with local, regional and state government and we partner closely with the economic development community. Our goal is to ensure North Carolina’s rail infrastructure continues to meet the demands of business and industry looking to expand or locate in our state.
Source: Measuring The Economic Impact of the North Carolina Railroad in North Carolina