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Norfolk Southern reports first-quarter 2012 results

(Source: Norfolk Southern press release, April 24, 2012) NORFOLK, Va. — For the first quarter of 2012, Norfolk Southern Corporation reported net income of $410 million ($1.23 per diluted share), 26 percent higher than $325 million ($0.90 per diluted share) for the...

Norfolk Southern awards 10 college scholarships

(Source: Norfolk Southern press release, April 25, 2012) NORFOLK, Va. — Ten sons and daughters of employees are receiving college scholarships from Norfolk Southern Corporation under the company’s annual scholarship program. Three are recipients of the National...

Railroad stocks up at close of April 25 trading

(Source: Associated Press, April 25, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on April 25, including CN, which rose 2.3 percent, and Norfolk Southern, which rose 3.8 percent. Full story: CBS News

Norfolk Southern declares quarterly dividend

(Source: Norfolk Southern press release, April 24, 2012) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 47 cents per share on its common stock, payable on June 11, to stockholders of record on May 4. Since its inception...

Profits rise at Kansas City Southern, Norfolk Southern

(Source: Reuters, April 24, 2012) NEW YORK — Railroads Kansas City Southern and Norfolk Southern each reported higher quarterly profit that beat Wall Street estimates, as automotive and intermodal shipments more than offset weakness in coal volume. Full story:...

NS, KCS launch US-Mexico 53-foot box service

(Source: Journal of Commerce, April 19, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, Norfolk Southern Railway and Kansas City Southern Railway are expanding their intermodal rail service linking Mexico and the U.S. by offering a dedicated 53-foot...

Norfolk Southern to expand key yard facility in Bellevue, Ohio

(Source: Norfolk Southern press release, April 16, 2012) BELLEVUE, Ohio — Norfolk Southern this month will begin a $160 million project to expand its Bellevue rail yard in Northern Ohio, a project that will double the yard’s capacity in order to meet rising demand for...