November 14, 2013 | Headlines, NS
(Source: Post and Courier, November 13, 2013) CHARLESTON, S.C. — Railway operator Norfolk Southern today kicked off a daily rail service for moving cargo between Charleston and S.C. State Ports Authority’s new rail yard in the Upstate, officials said today. The train...
November 14, 2013 | Headlines, NS
(Source: Chicago Sun-Times, November 13, 2013) CHICAGO — Mayor Rahm Emanuel’s plan to strengthen Chicago as a rail and freight hub got back on track Wednesday after a political derailment. The City Council agreed to expand a pair of tax-increment-financing districts...
November 11, 2013 | CSX, Headlines, NS
(Source: Post and Courier, November 9, 2013) CHARLESTON, S.C. — Plans for a new rail yard that could cost upwards of $180 million and change rail routes and roads in North Charleston will be laid out this week with details few residents have seen. The Navy Base...
October 28, 2013 | Headlines, NS
(Source: Zolmax News, October 25, 2013) WASHINGTON, D.C. — Norfolk Southern Corp. VP James Hixon sold 10,000 shares of Norfolk Southern Corp. stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $86.95, for a...
October 25, 2013 | Headlines, NS
(Source: Norfolk Southern press release, October 24, 2013) ATLANTA, Ga. — What can shut down two lanes of Peachtree Street on a bustling Friday night in Midtown? It’s the Best Friend of Charleston, historic icon of Norfolk Southern Railway, hoisted high above the...
October 23, 2013 | Headlines, NS
(Source: Norfolk Southern press release, October 22, 2013) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 52 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 1. Since its...
October 23, 2013 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 23, 2013) NORFOLK, Va. — Norfolk Southern reported third-quarter net income of $482 million, 20 percent higher than $402 million for the same period of 2012. Diluted earnings per share were $1.53, up 23 percent compared...
October 21, 2013 | Headlines, NS, UP
(Source: Railway Age, October 18, 2013) NEW YORK — The U.S. Surface Transportation Board on Oct. 17, 2013 released its findings on U.S. Class I railroad revenue adequacy for 2012, and found that only two carriers—Union Pacific and Norfolk Southern—qualify as...
October 17, 2013 | Headlines, NS
(Source: Computer Weekly, October 17, 2013) US rail transport company Norfolk Southern Railway has begun an ambitious project to integrate 400 software applications it uses to control and monitor its rolling stock, trains and freight containers. The project will give...
October 16, 2013 | Headlines, NS
(Source: Charleston Post Courier, October 15, 2013) CHARLESTON, S.C. — The the board of directors of South Carolina’s State Ports Authority Tuesday approved an additional $2.7 million for the nearly 100-acre intermodal yard or ‘inland port’ in Greer,...
