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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...

Norfolk Southern reports third-quarter 2009 results

(Norfolk Southern issued the following on October 27, 2009.) NORFOLK, Va. — For the third quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $303 million, or $0.81 per diluted share, compared with $520 million, or $1.37 per diluted share,...

STB: NS is only “revenue adequate” Class I

(The following story by Leo King appeared on the Jacksonville Business Examiner website on October 26, 2009.) JACKSONVILLE, Fla. — Only Norfolk Southern is “revenue adequate,” the Surface Transportation Board reported today. In a press release the STB stated,...

NS updates online carbon footprint analyzer

(Norfolk Southern issued the following on October 22, 2009.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) has enhanced its online carbon footprint analyzer, enabling rail customers to estimate the value of carbon offsets in addition to calculating the...

Norfolk Southern rules out Bibb County site for rail hub

(The following story by Michael Tomberlin appeared on The Birmingham News website on October 23, 2009.) BIRMINGHAM, Ala. — Norfolk Southern says it moving forward with its plans for a $112 million railroad hub in McCalla after evaluating another location advanced by...