October 27, 2016 | CP, Headlines, NS
(Source: Bloomberg, October 26, 2016) NEW YORK — Norfolk Southern was right: It didn’t need Bill Ackman’s help. It’s been about a year since the $27 billion railroad found itself on the receiving end of Canadian Pacific’s takeover advances,...
October 26, 2016 | Headlines, NS
(Source: Roanoke Times, October 26, 2016) ROANOKE, Va. — A gunman who opened fire at FreightCar America in Roanoke early Tuesday morning, killing one employee and injuring three others before killing himself, was terminated from the company in March, police said. Full...
October 26, 2016 | Headlines, NS
(Source: Norfolk Southern press release, October 25, 2016) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 59 cents per share on its common stock, payable on Dec. 10 to stockholders of record on Nov. 4. Since its inception...
October 26, 2016 | Headlines, NS, Quarterly Income
(Source: Virginian-Pilot, October 25, 2016) NORFOLK, Va. — Norfolk Southern Corp. saw its third-quarter profit grow 2 percent compared to a year ago as it cut expenses, including workers and overtime. The railroad’s operating revenue dropped 7 percent to $2.5...
October 26, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 26, 2016) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for third-quarter 2016. Net income was $460 million, 2 percent higher compared with $452 million during the same period of 2015....
October 12, 2016 | Headlines, NS
(Source: Norfolk Southern press release, October 11, 2016) NORFOLK, Va. — Norfolk Southern is donating $50,000 to the American Red Cross to assist with Hurricane Matthew relief efforts across five Southeastern states. Hurricane Matthew brought heavy rains and flooding...
October 12, 2016 | Headlines, NS
(Source: The Times-Tribune, October 12, 2016) SCRANTON, Pa. — A local freight transfer company plans to expand its operation at the Norfolk-Southern railroad yard in Taylor, creating at least 20 jobs, officials said Tuesday. Full story: The...
October 12, 2016 | CSX, Headlines, NS
(Source: Railway Track & Structures, October 11, 2016) NEW YORK — Multiple washouts caused by Hurricane Matthew along Norfolk Southern and CSX lines have suspended services of both freight and passenger trains as rail operators in the southeast hustle to assess...
October 11, 2016 | Headlines, NS
(Source: Norfolk Southern service alert, October 10, 2016) NORFOLK, Va. — All of our routes have been restored and we continue to clear backlogged freight caused by Hurricane Matthew. The following facilities were impacted by the storm and are operating as follows: •...
October 10, 2016 | Headlines, NS
(Source: Norfolk Southern service alert, October 9, 2016) NORFOLK, Va. — Norfolk Southern’s routes to Jacksonville, FL, Brunswick, GA, Savannah, Ga., and Charleston, S.C. have been restored to service. NS is currently working to restore service east of Selma,...
