May 6, 2016 | CP, Headlines, NS
(Source: Railway Age column by William C. Vantuono, May 5, 2016) NEW YORK — Now that I have your attention, I’ll say it again: The last thing the North American railroad industry needs for the foreseeable future is the long-talked-about “final round of mergers,”...
May 3, 2016 | Headlines, NS
(Source: Associated Press, May 2, 2016) BORDERLAND, W.Va. — Norfolk Southern says a rock slide has temporarily closed tracks in both directions in southern West Virginia. Full story: Daily Journal
May 3, 2016 | Headlines, NS, Obituary
(Source: Holley-Gamble Funeral Home obituary, May 2, 2016) CLINTON, Tenn. — William (Bill) Monroe Overton, Jr., 73, passed peacefully on Saturday, April 30, 2016 with his family by his side. Bill was born August 18, 1942 to William and Lois Overton in Knoxville, TN,...
April 25, 2016 | Headlines, NS
(Source: Reuters, April 22, 2016) CHICAGO — The top executive of Norfolk Southern Corp said the railroad was on track to achieve its planned savings target of $200 million this year, and that the No. 4 U.S. railroad could further trim capital spending if freight...
April 22, 2016 | CP, Headlines, NS
(Source: Financial Post, April 21, 2016) TORONTO — The collapse of Canadian Pacific Railway Ltd.’s bid for Norfolk Southern Corp. has done nothing to dissuade the company’s outspoken CEO that railway consolidation must and will happen. Full story: Financial...
April 22, 2016 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, April 21, 2016) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for first-quarter 2016. Net income for the quarter was $387 million, 25 percent higher compared with $310 million during the same...
April 22, 2016 | Headlines, NS, Quarterly Income
(Source: Associated Press, April 21, 2016) OMAHA, Neb. — Norfolk Southern’s first-quarter profit jumped 25 percent thanks to the railroad’s efforts to reduce costs 13 percent as volume slowed. The Norfolk-based railroad said Thursday it earned $387 million, or $1.29...
April 21, 2016 | CSX, Headlines, NS
(Source: Post and Courier, April 20, 2016) CHARLESTON, S.C. — The State Ports Authority, aiming to capitalize on industrial growth along the Interstate 95 corridor, said Wednesday it plans to build an inland port facility at a Dillon commerce park where Harbor Freight...
April 21, 2016 | CP, Headlines, NS
(Source: Canadian Press, April 20, 2016) TORONTO — Canadian Pacific Railway’s proposed merger with Norfolk Southern was killed by political influence and a system that stacked the deck against a Canadian company, chief executive Hunter Harrison said Wednesday....
April 21, 2016 | Headlines, NS
(Source: Norfolk Southern
