Kentucky company buys Carolina Southern Railroad

CONWAY, S.C. (AP) — A Kentucky company that operates 10 other short line railroads has bought the old Carolina Southern railroad linking Horry County, South Carolina, and Columbus County, North Carolina.

Local media outlets report that the R.J. Corman Railroad Co. hopes to again be shipping freight on the 100-mile railroad within six months. The $14 million transaction closed Monday.

Carolina Southern is headquartered in Conway and closed most of its operations four years ago because some of the railroad bridges did not meet federal regulations and the owners did not have the money to make improvements.

Corman officials say the Nicholasville, Kentucky, company plans to invest several million dollars in repairs. The company employs more than 1,600 people in 23 states.

 

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Categories: News, State News

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