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Norfolk Southern CEO makes $10.9 million in 2009

(The Associated Press circulated the following on March 5, 2010.) PHILADELPHIA — The CEO of Norfolk Southern Corp. received $10.9 million in compensation for 2009, 9 percent less than the prior year as the railroad operator grappled with the economic downturn,...

Analyst upgrades Norfolk Southern to ‘overweight’

(The Associated Press circulated the following on March 1, 2010.) NEW YORK — A Barclays Capital analyst said Monday he believes investors aren’t paying enough attention to the earnings growth potential of Norfolk Southern Corp., citing the railroad...

Norfolk Southern to build corridor hubs

(The following story by John D. Boyd appeared on The Journal of Commerce website on February 25, 2010.) WASHINGTON, D.C. — Norfolk Southern Railway hopes to begin construction by July on new intermodal terminals in Memphis, Tenn., and Birmingham, Ala., now that it has...

NS train jumps track at Butler, Ind.

(The following story by Michael Zennie appeared on The Journal Gazette website on February 19, 2010.) BUTLER, Ind. — Norfolk Southern officials are trying to figure out what caused a train to derail Thursday morning outside Butler. The train was headed from Chicago to...

Norfolk Southern yard in Memphis lands federal dollars

(The following story by Eric Smith appeared on The Daily News website on February 19, 2010.) MEMPHIS — Norfolk Southern Corp.’s plan to build a $112 million intermodal facility in neighboring Rossville received a major boost today with the announcement that it would...

Heartland Corridor on target for summer opening

(The following appeared on the Port of Virginia website on February 18, 2010.) NORFOLK, Va. — The Heartland Corridor double-stack rail project is on schedule to be completed by summer 2010, said a Norfolk Southern marketing representative speaking at the February...