FRA Certification Helpline: (216) 694-0240

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

NS to blast loose stone with dynamite

(Source: Pittsburgh Post-Gazette, July 6, 2016) PITTSBURGH, Pa. — Norfolk Southern has received permission to blast tons of loose rock from a hillside to reduce the chance of future slides. West Carson Street has been closed in that area and Norfolk Southern has been...

NS to hold 2Q 2016 conference call on July 27

(Source: Norfolk Southern press release, July 1, 2016) NORFOLK, Va. — Norfolk Southern Corporation will announce its second-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. EDT on Wednesday, July 27, 2016. Quarterly earnings...

Koppers signs rail joint contracts with NS, UP

(Source: Railway Track & Structures, June 28, 2016) NEW YORK — Koppers Inc. has signed long-term contracts with Norfolk Southern (three years) and Union Pacific (five years) for bonded rail joint assemblies. Full story: Railway Track &...

Panama Canal expansion: What awaits railroad stocks?

(Source: Zacks, June 28, 2016) NEW YORK — The expanded 102-year old Panama Canal was officially inaugurated on Jun 26 after the completion of a 10-year long intensive project. The expansion project, which is worth more than $5 billion, will now let huge ships carrying...