Written by Marybeth Luczak, Executive Editor
Norfolk Southern (NS) will lease its Doraville rail corridor and transload terminal in Georgia to Jaguar Transport Holdings LLC (Jaguar), which is slated to operate local switching service and “make capital improvements to expand yard capacity and support future growth.”
“Located near I-285 and I-85, the Doraville rail corridor serves a cluster of industrial and logistics businesses in northeast metro Atlanta,” NS said in a March 31 announcement. (Editor’s Note: NS released a similar announcement on April 1.) “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 to enable faster first- and last-mile connections while integrating closely with NS’s Doraville transload facility,” according to NS. The Class I expects the move to:
- “Improve interchange fluidity.
- “Support higher-margin freight.
- “Enable new industrial and warehouse development in the corridor.”
Jaguar has also “committed to performance standards and growth covenants designed to ensure long-term value creation for both companies,” NS noted.
Headquartered in Joplin, Mo., Jaguar operates 13 short lines and multiple transload facilities across the U.S. and “has a track record of generating strong early-stage volume growth after assuming local operations,” according to NS…