December 31, 2015 | Headlines, NS
(Source: Star Beacon, December 24, 2015) ASHTABULA, Ohio — Norfolk Southern plans to consolidate operations of its coal docks on Lake Erie by closing its Ashtabula coal pier and shifting operations to Sandusky. The change means 21 people will lose their jobs, though...
December 31, 2015 | Headlines, NS, Railroad Security
(Source: ABC 7 Chicago, December 30, 2015) CHICAGO — Chicago police are investigating after shots were fired at a railroad law enforcement officer’s vehicle in the Englewood neighborhood. Full story: ABC 7 Chicago
December 31, 2015 | Headlines, NS
(Source: Register-Herald, December 28, 2015) BECKLEY, W.Va. — Again last week Norfolk Southern’s board of directors tried to put the brakes on a merger between itself and Canadian Pacific by rejecting the latest takeover bid, this time issuing a testy letter calling...
December 29, 2015 | Headlines, NS
(Source: Associated Press, December 26, 2015) PRICHARD, W.Va. — Halfway between a Virginia seaside port and one of the busiest U.S. rail yards in Chicago, a new railroad facility has opened in Appalachia as officials look to drum up business in West Virginia and...
December 29, 2015 | CP, Headlines, NS
(Source: Railway Age, December 23, 2015) NEW YORK — Norfolk Southern on Dec. 23, 2015 rejected Canadian Pacific’s third and most recent proposal to acquire NS. CP on Dec. 16 offered $32.86 in cash, a fixed exchange ratio of 0.451 shares in a new company that would own...
December 23, 2015 | Headlines, NS
(Source: Norfolk Southern press release, December 22, 2015) NORFOLK, Va. — Norfolk Southern announced on December 22 that it will consolidate operations of its coal docks located on Lake Erie in Northern Ohio. This change will streamline operations for customers while...
December 23, 2015 | CP, Headlines, NS
(Source: Register-Herald, December 23, 2015) BECKLEY, W.Va. — Battles in two boardrooms, one in Canada, the other in Virginia, could directly affect the little town of Elmore in Wyoming County. Norfolk Southern Corp. board members are fighting a third takeover bid...
December 23, 2015 | CP, Headlines, NS
(Source: Norfolk Southern press release, December 23, 2015) NORFOLK, Va. — Norfolk Southern Corporation (“the Company”) today announced that its board of directors has unanimously rejected Canadian Pacific’s Dec. 16, 2015, publicly disclosed, revised proposal to...
December 22, 2015 | CP, Headlines, NS
(Source: Canadian Press, December 21, 2015) OMAHA, Neb. — Rating agency Moody’s says Canadian Pacific and Norfolk Southern could face credit downgrades if the two railroads move forward with a proposed merger. Moody’s said Monday that it hasn’t...
December 21, 2015 | Headlines, NS
(Source: Albany Times Union, December 18, 2015) ALBANY, N.Y. — Norfolk Southern has been working on the former Delaware & Hudson line from Albany to Sunbury, Pa., that it purchased earlier this year from Canadian Pacific Railway. That’s according to a story in...
