Seaboard Coast Line Industries
Seaboard Coast Line Industries was the holding company that controlled the Seaboard Coast Line Railroad (SCL) and its affiliated Family Lines roads in the Southeastern United States. Rather than operating trains itself, it served as the corporate parent that owned the operating railroads, a structure common among large American rail systems.
History
- 1967 - The Seaboard Coast Line Railroad was formed by the merger of the Seaboard Air Line and the Atlantic Coast Line; the holding company took shape around this combined system.
- November 1980 - Seaboard Coast Line Industries merged with Chessie System, Inc. to form CSX Corporation, the parent of the future CSX Transportation.
Operations
Through its subsidiaries, Seaboard Coast Line Industries oversaw rail operations spanning Virginia, the Carolinas, Georgia, Florida, and across the Deep South via the Louisville & Nashville and other Family Lines roads.
Modern Status
The 1980 merger with Chessie System placed Seaboard Coast Line Industries' railroads on one side of the new CSX Corporation. Its operating roads were ultimately consolidated into CSX Transportation, making this holding company one of the two corporate ancestors of the modern CSX system.