Aberdeen Carolina & Western Railway
Regional railroad served by CSX & NS in between Charlotte, Greensboro, Winston, Raleigh, and Fayetteville North Carolina
Regional railroad served by CSX & NS in between Charlotte, Greensboro, Winston, Raleigh, and Fayetteville North Carolina
The Aberdeen Carolina & Western Railway is the largest privately held shortline or regional freight railroad in North Carolina, founded in 1987. Serving as a regional railroad, it is connected by CSX and Norfolk Southern national rail networks, bridging between Charlotte, Greensboro, Winston, Raleigh, and Fayetteville in North Carolina. The company's lines extend from Charlotte to Raleigh and southwards to Pinehurst, strategically located amidst major metropolitan areas. The company's transportation focus aligns with modern logistical demands, and it actively markets greenfield industrial sites along its corridor to attract new industry. The most recent investment was a $500.00K grant investment by the North Carolina Railroad Company on 11 March 2022. This significant investment not only supports the operations and expansion of the Aberdeen Carolina & Western Railway but also underscores the confidence of experienced industry players in the company's business model and growth potential.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $500.00K | 1 |
|
11 Mar 2022 |
| Grant | $13.00M | 1 | Federal Highway Administration | 24 Sep 2020 |
No recent news or press coverage available for Aberdeen Carolina & Western Railway.
-logo.jpg){kind=logo}
We care about your data, and we'd love to use cookies make your experience better.
