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Norfolk Southern issues sustainability report

(Source: Norfolk Southern press release, August 9, 2016) NORFOLK, Va. — Cleaner-running locomotives. Greater energy efficiency. Support for safer communities. Fewer workplace injuries. A more diverse workforce. Those are among key achievements highlighted in Norfolk...

NS, MSI settle dueling lawsuits

(Source: Pittsburgh Tribune Review, August 5, 2016) PITTSBURGH, Pa. — MSI Corp. and Norfolk Southern railroad have apparently reached a settlement in lawsuits that arose after a February 2014 train derailment that damaged one of MSI’s buildings in Vandergrift....

Rural Georgia rail port gets big boost from Kia auto parts

(Source: Associated Press, August 3, 2016) SAVANNAH, Ga. — A rail terminal in rural southwest Georgia got a big boost Wednesday from automaker Kia, which plans to move daily shipments of auto parts from the busy Port of Savannah through the site to supply its...

Norfolk Southern declares quarterly dividend

(Source: Norfolk Southern press release, July 29, 2016) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 59 cents per share on its common stock, payable on Sept. 10 to stockholders of record on Aug. 8. Since its inception...

Coal’s hard slide felt at port of Hampton Roads

(Source: Virginian-Pilot, July 9, 2016) NORFOLK, Va. — Coal exports from the port continued to tank in the first six months of 2016, following a port-wide, year-over-year drop of about 35 percent in 2015. Full story: Virginian-Pilot