Live Oak, Perry and South Georgia Railway
Live Oak, Perry & South Georgia Railway (reporting mark LPSG) was a 123-mile-long Class III railroad that operated freight service in the U.S. between Florida and Georgia from its 1971 creation, which was the result of a merger, until it was merged into the Norfolk Southern Railway (NS) in 1994. The line was something of a "paper railroad," since it did not own or operate its own equipment. Instead, operations over the line were conducted entirely by its parent company, the Southern Railway (SOU) and later by successor NS.
The Live Oak, Perry & South Georgia (LOP&SG), which ran from Live Oak to Springdale, Florida and Adel, Georgia, was created on December 31, 1971 after the merger of the Live Oak, Perry & Gulf Railroad (LOP&G) and South Georgia Railway. Beginning with its creation in 1971, the railroad had freight service operated entirely by the Southern Railway, which had owned a majority of LOP&SG stock.
The LOP&G, which ran from Live Oak to Springdale, Florida, had been incorporated in October 1903 as the Live Oak & Perry Railroad and later was reorganized on June 16, 1905 as LOP&G
On December 15, 1995, NS sold the 80-mile section between Foley, Florida and Adel, Georgia to Gulf & Ohio Railways, which created new subsidiary, Live Oak, Perry & Georgia Railroad, to own the trackage. The Gulf & Ohio's affiliated Georgia & Florida Railroad provided locomotives for service. The line today is in operation as the Georgia & Florida Railway.