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JB Hunt signs intermodal deal with Norfolk Southern

(Reuters circulated the following story on November 5, 2009.) NEW YORK — J.B. Hunt Transport Services (JBHT.O) said it has reached an agreement with railroad Norfolk Southern Corp (NSC.N) for its eastern intermodal operations. The multi-year contract will provide both...

Norfolk Southern’s profit slides as traffic remains slow

(The following story by Robert McCabe appeared on The Virginian-Pilot website on October 28, 2009.) NORFOLK, Va. — Reflecting the continuing strain of the recession, Norfolk Southern Corp. announced Tuesday that its profit for the July-through-September quarter...

BLET engineer takes Norfolk Southern train on safety tour

(The following story by Robert McCabe appeared on The Virginian-Pilot website on October 29, 2009. Daniel Q. Jackson is a member of BLET Division 231 in Crewe, Va. NORFOLK, Va. — Dan Jackson has been a locomotive engineer since 1979. “Knock on wood, I’ve...

Norfolk Southern declares quarterly dividend

(Norfolk Southern issued the following on November 27, 2009.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 34 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 6....

More details, concerns emerge from Norfolk Southern deal

(The following story by Eric Smith appeared on The Daily News website on October 27, 2009.) MEMPHIS, Tenn. — Norfolk Southern Corp. has unveiled preliminary environmental data that will serve as the foundation of its proposed intermodal terminal in Fayette County,...

UP, NS launch joint ‘Gulf Coast Flyer’ chemical service

(The following appeared on the Progressive Railroading website on October 27, 2009.) Union Pacific Railroad and Norfolk Southern Railway have teamed up to provide a new expedited chemical service. The Class Is recently introduced the Gulf Coast Flyer to move chemicals...

Norfolk Southern profit drops 42 percent

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 28, 2009.) WASHINGTON, D.C. — Norfolk Southern Railway’s third-quarter profit fell 41.7 percent from a year earlier to $303 million, as rail revenue fell 28.7 percent to $2.063...