An important rail link between the Southeastern and Southwestern United States, it is operated as a joint venture of Canadian Pacific Kansas City (CPKC), which owns 70% of the partnership;[1] and Alabama Great Southern Railroad, a subsidiary of Norfolk Southern Railway (NS).
On December 2, 2005, KCS and NS announced their agreement to form a joint venture to operate the line.
[5] The Surface Transportation Board (STB) completed its regulatory review on April 10, 2006, and cleared KCS and NS to close the deal on May 1.
[6] On June 28, 2023, CPKC announced the intent to jointly acquire with CSX Transportation the Meridian and Bigbee Railroad (MNBR).
[8] Currently under study is the possibility of Amtrak passenger service running over the Meridian Speedway to Fort Worth.