March 25, 2011 | CEO Pay, Headlines, NS
(The Associated Press circulated the following on March 24, 2011.) NEW YORK — Norfolk Southern’s CEO saw his total compensation fall 9 percent last year despite strong growth in the company’s earnings and stock price, according to an Associated Press...
March 24, 2011 | Headlines, NS
(Norfolk Southern issued the following press release on March 23, 2011.) NORFOLK, Va. — Looking ahead with optimism after last year’s second-highest earnings ever, Norfolk Southern Corporation CEO Wick Moorman (NYSE: NSC) says in the 2010 Annual Report that the...
March 22, 2011 | Headlines, NS
(The Associated Press circulated the following on March 21, 2011.) NORFOLK, Va. — Railroad operator Norfolk Southern says it will record an expense of at least $58 million from a 2005 derailment that led to nine deaths and a massive evacuation in Graniteville, S.C....
March 21, 2011 | CSX, Headlines, NS
(The following appeared on television station WBOY’s website on March 20, 2011.) CLARKSBURG, W.Va. — The resurgence of coal shipments, fueled in part by an improving export market, is paying off in West Virginia. “In the last eight months, the Pocahontas...
March 9, 2011 | Headlines, NS, STB
(The following appeared on the Progressive Railroading website on March 8, 2011.) Watco Cos. L.L.C. recently filed a notice of exemption with the Surface Transportation Board (STB) to lease about 43.6 miles of lines from Norfolk Southern Railway between Maplesville...
February 23, 2011 | Headlines, NS
(The following appeared on The Journal of Commerce website on February 22, 2011.) Norfolk Southern Railway is ordering 1,500 high-capacity coal hauling railcars from FreightCar America, in an order valued at more than $100 million. Virginia Gov. Bob McDonnell, who...
February 22, 2011 | Headlines, NS
(The following appeared on the Roanoke Times website on February 22, 2011.) RICHMOND, Va. — FreightCar America Inc. will produce 3,000 rail cars at its Roanoke manufacturing plant under a contract with Norfolk Southern Railway Co., putting more than 200 people to work...
February 14, 2011 | Headlines, NS
(The following appeared on the Commonwealth Journal website on February 22, 2011.) SOMERSET, Ky. — According to a report in the Commonwealth Journal, the crew change station is an impressive facility that promises to be an economic boom for Pulaski County. It will be...
February 10, 2011 | Accident, Headlines, NS
Trains have again started moving past the spot in Hancock County’s Cass Township where a Norfolk Southern ethanol train derailed and burned early Sunday, but a railroad spokesman said cleanup is likely to take weeks to complete. Damaged track was repaired with...
February 8, 2011 | Accident, Headlines, NS
Norfolk Southern expected to rebuild its track Tuesday after clearing the last wreckage from a site where 26 cars in an ethanol train derailed and burned in northeast Hancock County west of Arcadia, Ohio. An investigation continues into why the train, en route from...
