January 29, 2013 | Headlines, NS
(Source: Norfolk Southern press release, January 28, 2013) NORFOLK, Va. — Norfolk Southern Corporation plans to spend $2 billion in 2013 for capital improvements to its rail transportation network. The largest expenditure will be $831 million for roadway improvements,...
January 28, 2013 | Headlines, NS
(Source: Seeking Alpha, January 24, 2013) NEW YORK — A Transcript of Norfolk Southern managers discussing the railroads’ 2012 four quarter and 2012 full year financial results is available on the Seeking Alpha website. Full story: Seeking...
January 28, 2013 | CSX, Headlines, NS
(Source: Business Insider, January 22, 2013) NEW YORK — Rail giant CSX announced Q4 earnings of $0.43 per share, which is higher than the $0.39 per share expected. Norfolk Southern also announced earnings better than expected. Earnings came in at $1.30 per share....
January 24, 2013 | Headlines, NS
(Source: Norfolk Southern press release, January 23, 2013) NORFOLK, Va. — Jerry W. Hall has been named vice president intermodal operations to succeed Robert E. Huffman, who is retiring Feb. 1. Hall, a civil engineering graduate of the University of Alabama, joined...
January 24, 2013 | Headlines, NS
(Source: Herald-Mail, January 23, 2013) GREENCASTLE, Pa. — Norfolk Southern opened its $97 million rail-truck facility Monday. The new facility on 200 acres near Exit 3 of Interstate 81 is part of the railroad’s Crescent Corridor, a 2,500-mile network of rail and...
January 23, 2013 | Headlines, NS
(Source: Seeking Alpha, January 22, 2013) NEW YORK — A transcript of various Norfolk Southern managers discussing the railroad’s 2012 fourth quarter and 2012 full year financial results is available on the Seeking Alpha website. The earnings call took place on...
January 23, 2013 | Headlines, NS
(Source: Norfolk Southern press release, January 22, 2013) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 50 cents per share on its common stock, payable on March 11, to stockholders of record on Feb. 1. Since its...
January 23, 2013 | Headlines, NS
(Source: Norfolk Southern press release, January 22, 2013) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter 2012 net income of $413 million, or $1.30 per diluted share, compared with $480 million, or $1.42 per diluted share, earned in the...
January 22, 2013 | Headlines, NS
(Source: Norfolk Southern press release, January 21, 2013) GREENCASTLE, Pa. — orfolk Southern today opened its third Crescent Corridor intermodal facility, a new $97 million terminal in South Central Pennsylvania that advances the company’s multi-state rail...
January 15, 2013 | Headlines, NS
(Source: State Journal-Register, January 14, 2013) SPRINGFIELD, Ill. — The Norfolk Southern Railway expects to move its rail yard and about a dozen jobs out of Springfield as a result of rail consolidation. Full story: State Journal-Register