Norfolk Southern on Friday won Surface Transportation Board approval to acquire 283 miles of track from the Delaware & Hudson.
The route is located in Pennsylvania and New York and known as the South Lines. That includes 267 miles of the main line between Sunbury/Kase, Pa., and Schenectady, N.Y., and 15 miles of the running track between Voorheesville Junction and Delanson, N.Y.
“In reaching its decision, the Board found that NS’s acquisition of the South Lines from D&H is not likely to cause a substantial lessening of competition or create a monopoly or restraint of trade,” said STB spokesman Dennis Watson. “The Board found this to be true, even when taking into account D&H’s planned discontinuance of trackage rights that connect to the D&H South Lines, which are the subject of a separate proceeding.”
In reaching its decisions, the STB decided that the move would not lessen competition and that any anti-competitive effects would be trumped by the public benefits of the transaction.
Those benefits include allowing NS to provide more reliable, safe and efficient service for shippers that will offer better competition with such other transportations modes as trucking and water transportation
The Board imposed some conditions, including requiring NS to enter into voluntary commercial agreements with D&H to preserve certain shippers’ access to two carriers, NS and D&H.