Norfolk Southern advances growth strategy with new short line partnership

Deal expands freight access, capacity, transload connectivity in metro Atlanta

ATLANTA, March 31, 2026 – Norfolk Southern Corp. (NYSE: NSC) announced a new short line partnership in Doraville. Norfolk Southern will lease its Doraville rail corridor and transload terminal to Jaguar Transport Holdings, LLC, which will operate local switching service and invest in targeted infrastructure upgrades to support new customer demand.

“This deal will drive freight growth, expand capacity and improve local service in metro Atlanta, a model that can be replicated across the network,” said Stefan Loeb, Norfolk Southern vice president of business development and first- and final-mile markets. “We value Jaguar’s experience in local operations and proven track record as we continue to view short lines as an important part of our growth strategy.”

Unlocking capacity through local service and transload integration

Located near I-285 and I-85, the Doraville rail corridor serves a cluster of industrial and logistics businesses in northeast metro Atlanta. Through local switching and transload access, the corridor serves both rail-adjacent customers and regional shippers that depend on truck-to-rail connectivity.

Under the agreement, Jaguar will provide dedicated local service that enables faster first- and last-mile connections while integrating closely with Norfolk Southern’s Doraville transload facility. Norfolk Southern expects the integrated model to:

• Improve interchange fluidity
• Support higher-margin freight
• Enable new industrial and warehouse development in the corridor

A proven growth partner

Jaguar will make capital improvements to expand yard capacity and support future growth at Doraville. The company operates multiple short line railroads and transload facilities across the U.S. and has a track record of generating strong early-stage volume growth after assuming local operations.

As part of the agreement, Jaguar has committed to performance standards and growth covenants designed to ensure long-term value creation for both companies.

Building for the future network

The Doraville agreement reflects Norfolk Southern’s broader short line strategy: using targeted partnerships to extend network reach, improve local service and unlock new markets that are best served by specialized operators.  

It also supports Norfolk Southern’s long-term vision for a future combined network with Union Pacific. Jaguar is already a short line partner of Union Pacific, supporting eventual operational alignment and a scalable model for local-market growth across a larger national network.

About Norfolk Southern

Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and Norfolk Southern originates more automotive traffic than any other Class I Railroad. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports across the Gulf Coast and Great Lakes. Learn more by visiting NorfolkSouthern.com.

About Jaguar Transport Holdings

Jaguar is a transportation and logistics company headquartered in Joplin, MO. Since 2018, Jaguar has focused on safety, team culture, service to customers, and innovation to help drive its growth. Jaguar operates thirteen short line railroads and multiple other rail served sites across the United States. For more information, please visit www.jag-transport.com.

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