October 31, 2012 | CSX, Headlines, NS
(Source: Progressive Railroading, October 30, 2012) The massive storm in the Northeast is mostly over, but its high-wind, power-outage and flooding effects will impact freight railroads for several more days, including CSX, Norfolk Southern, New York, Susquehanna and...
October 30, 2012 | Headlines, NS
(Source: Bloomberg News, October 29, 2012) NEW YORK — Bakken oil’s discount to West Texas Intermediate plunged to its lowest level in almost four months before Hurricane Sandy’s landfall, as East Coast refineries that process the grade cut output and railways slowed...
October 30, 2012 | Headlines, NS
(Source: Norfolk Southern website, October 30, 2012) NORFOLK, Va. — Norfolk Southern continues to experience service interruptions related to Hurricane Sandy. Traffic from Virginia through New England may be impacted by heavy rains, flooding, and high winds. Rail...
October 26, 2012 | Headlines, NS
(Source: Norfolk Southern press release, October 23, 2012) NORFOLK, Va. — For the third quarter of 2012, Norfolk Southern reported net income of $402 million, or $1.24 per diluted share, 27 percent lower compared with $554 million, or $1.59 per diluted share, in the...
October 25, 2012 | Headlines, NS
(Source: Associated Press, October 24, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 24, including Canadian Pacific, which rose 5.7 percent, and Norfolk Southern, which fell 7.5 percent. Full story: CBS...
October 24, 2012 | Headlines, NS
(Source: Virginian Pilot, October 24, 2012) NORFOLK, Va. — Norfolk Southern Corp. on Tuesday reported that third-quarter profit fell 27 percent from the same period a year ago. Full story Virginian Pilot
October 22, 2012 | Headlines, NS
(Source: Progressive Railroading, October 17, 2012) In a decision that took effect yesterday, the Surface Transportation Board (STB) determined that Norfolk Southern Railway and Union Pacific Railroad were the only Class Is that were revenue adequate for 2011. The...
October 18, 2012 | Headlines, NS
(Source: Norfolk Southern press release, October 17, 2012) McCALLA, Ala. — Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley joined federal, state, and local officials and business leaders today for the opening of the Birmingham Regional Intermodal...
October 16, 2012 | Headlines, NS, UP
(Source: Associated Press, October 15, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 15, including, Norfolk Southern, which rose 0.5 percent, and Union Pacific, which fell 0.1 percent. Full story: CBS...
October 12, 2012 | Headlines, NS
(Source: Associated Press, October 11, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 11, including CSX, which rose 0.3 percent, and Norfolk Southern, which fell 0.7 percent. Full story: CBS...
