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Daily Headlines

CN Rail CEO urges companies to help economy get back on track

(Source: BNN Bloomberg, April 28, 2020) MONTREAL — The head of Canadian National Railway Co. is calling on businesses to take Canada’s future into their own hands as the country continues to navigate the COVID-19 pandemic and works to get the economy back up and...

Locomotive costs dent Norfolk Southern’s first-quarter profits

(Source: Freight Waves, April 29, 2020) CHATTANOOGA, Tenn. — The costs associated with Norfolk Southern’s actions to divest a portion of its locomotive fleet resulted in lower net profits for the company in the first quarter. First-quarter net income was $381 million,...

Norfolk Southern reports Q1 2020 results

(Source: Norfolk Southern press release, April 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported first-quarter financial results of net income equal to $381 million, diluted earnings per share of $1.47, and an operating ratio of 78.4%. These results...

NS Q1 2020 profit falls 44% on charge, weak volume

(Source: Associated Press, April 29, 2020) OMAHA, Neb. — Norfolk Southern's first-quarter profit fell 44% because of a one-time charge related to locomotive sales and weak shipping volume driven by the coronavirus outbreak. The railroad said it earned $381 million, or...

Rail safety week is September 21-27 in the U.S., Canada and Mexico

(Source: Operation Lifesaver press release, April 27, 2020) WASHINGTON, D.C. — Mexico will join the U.S. and Canada in observing Rail Safety Week this year from September 21-27. Operation Lifesaver, Inc. (OLI), Operation Lifesaver Canada and the Asociación Mexicana de...

Massive crane brought in for NS bridge replacement project near Matewan

(Source: Herald-Dispatch, April 27, 2020) HUNTINGTON, W.Va. — Norfolk Southern Railway has been working on replacing a double-rail bridge along the Pocahontas line that crosses the Tug Fork River at Hatfield Bottom near Matewan, and the construction company hired to...

FTA extends deadline for certifying safety plans

(Source: Progressive Railroading, April 27, 2020) The Federal Transit Administration (FTA) is giving transit agencies more time to certify they've established a compliant Agency Safety Plan. Full story: Progressive Railroading

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