The North Carolina Railroad and the Atlantic and North Carolina Railroad are little-known private corporations that own the vital rail transportation corridor cutting across the industrial Piedmont and on to the Atlantic Ocean.
North Carolina has a history of failure to comply with Section 504 of the Rehabilitation Act of 1973, which states no person shall be subject to discrimination due to any handicap when seeking and/or receiving federal financial assistance.
Utility companies are diversifying into solar products, home insulation, even cable television. But, unlike other corporations, they have a state-awarded monopoly franchise for their principal product.
Deregulation, diversification, and alternative energy sources are important concerns of state regulators, who still have substantial power over utility operations despite increased federal involvement.