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Norfolk Southern CEO praises public-private partnerships

(The following appeared on the Virginian Pilot website on May 13, 2011.) WILLIAMSBURG, Va. — The nation’s policymakers lack the funds and political will to improve the nation’s highway system but have supported public-private partnerships for upgrading...

BLET member says NS freight line carries freight, history

(The following appeared on the Charlotte Observer website on May 4, 2011. Brother Ben Lee is Local Chairman and Legislative Representative of BLET Division 166 in Charlotte, N.C.) CHARLOTTE, N.C. — The single track rail line that runs from Charlotte northward through...

Norfolk Southern awards 10 college scholarships

(Norfolk Southern issued the following on April 29, 2011.) NORFOLK, Va. — Ten sons and daughters of employees are receiving college scholarships from Norfolk Southern Corporation under the company’s annual scholarship program. Two are recipients of the National...

Norfolk Southern starts building Memphis hub

(The following appeared on the Journal of Commerce website on April 29, 2011.) WASHINGTON, D.C. — Norfolk Southern Railroad is starting to build its Memphis Regional Intermodal Facility, planned as a western anchor of its latest cross-country double-stack route, as...

Norfolk Southern shares hit all-time high

(The Associated Press circulated the following on April 28, 2011.) NEW YORK — Shares of Norfolk Southern Corp. hit a new all-time high Thursday as investors reacted to its surging first-quarter earnings and optimistic outlook. Norfolk Southern shares jumped $5.37, or...

Norfolk Southern reports first-quarter 2011 results

(Norfolk Southern issued the following on April 27, 2011.) NORFOLK, Va. — For the first quarter of 2011, Norfolk Southern Corporation reported net income of $325 million, or $0.90 per diluted share, 26 percent higher than $257 million, or $0.68 per diluted share, for...

Norfolk Southern declares quarterly dividend

(Norfolk Southern issued the following on April 26, 2011.) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 40 cents per share on its common stock, payable on June 10, to stockholders of record on May 6. Since its inception...