October 23, 2014 | CP, Headlines, NS
(Source: USA Today, October 22, 2014) WASHINGTON, D.C. — Rail stocks skidded Wednesday after Norfolk Southern CEO Wick Moorman dismissed talk of industry mergers, telling stock analysts that even with regulatory approval, they don’t make sense. Full story: USA...
October 23, 2014 | CP, Headlines, NS
(Source: Associated Press, October 22, 2014) OMAHA, Neb. — Norfolk Southern Corp.’s CEO doesn’t think railroad mergers are a good idea even if regulators might approve one. CEO Wick Moorman said Wednesday during a conference call on Norfolk’s...
October 22, 2014 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 22, 2014) NORFOLK, Va. — Norfolk Southern reported third-quarter net income of $559 million, 16 percent higher than $482 million for the same period of 2013. Diluted earnings per share were $1.79, up 17 percent compared...
October 6, 2014 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 1, 2014) NORFOLK, Va. — Norfolk Southern Corporation will present its third-quarter 2014 earnings at 8:45 a.m. EDT on Wednesday, Oct. 22, 2014, via teleconference and live Internet webcast. The company will issue its...
October 6, 2014 | CSX, Headlines, NS
(Source: The State Journal, October 5, 2014) CHARLESTON, W.Va. — The Heartland Corridor is one of two rail corridors in West Virginia that emphasizes cargo containers that move by ship, rail and truck. The Heartland Corridor runs from Norfolk, Virginia, to Chicago on...
September 17, 2014 | Headlines, NS
(Source: Journal Gazette, September 17, 2014) FORT WAYNE, Ind. — Norfolk Southern workers had the rail line along Dawkins Road in New Haven open by 3 a.m. Tuesday after a 31-car derailment tore up about 400 feet of track and left several cars in a crumpled pile about...
September 16, 2014 | Headlines, NS
(Source: Journal of Commerce, September 15, 2014) WASHINGTON, D.C. — Norfolk Southern said not to expect service improvements until late November, as fall peak volume and annual maintenance work will slow efforts to restore network velocity. Full story: Journal of...
September 4, 2014 | Headlines, NS
(Source: Watch List News, September 4, 2014) NEW YORK — Norfolk Southern Corp. CEO Charles W. Moorman sold 122,983 shares of the stock on the open market in a transaction dated Tuesday, September 2. The stock was sold at an average price of $107.00, for a total...
September 2, 2014 | Headlines, NS
(Source: Decatur Herald-Review, August 31, 2014) DECATUR, Ill. — From his view at the top of the East Decatur Tower in the Norfolk Southern Corp. rail yard, Don Miner can manage the traffic coming in and out of the Decatur terminal. How the flow of traffic is managed...
September 2, 2014 | CEO Pay, Headlines, NS
(Source: Mideast Times, September 1, 2014) NEW YORK — Norfolk Southern Corp. Chief Marketing Officer (CMO) Donald W. Seale sold 31,983 shares of the company’s stock in a transaction dated Wednesday, August 27. The shares were sold at an average price of $106.55, for a...
