Rail Workers Group Opposes Sale Of Cincinnati Southern Railway
Railroad Workers United opposes the sale of the Cincinnati Southern, the only municipally owned - and one of the nation's few publicly held pieces of rail infrastructure - to the Class One rail giant Norfolk Southern. The group is urging all citizens of Cincinnati who are eligible voters to vote NO in the referendum to be held in November.
On July 13th, the railway's Board of Directors voted to place the proposed sale on the ballot this Fall. Per the railroad's bylaws, the citizens of the City will get the final say. Should they approve the plan, the nation's only municipally owned interstate rail line - from Cincinnati to Chattanooga - would then be purchased for a paltry $1.62 billion by the private Class One rail carrier.