July 31, 2009 | Headlines, NS
(The following story by Scott Barker appeared on the Knoxville News-Sentinel website on July 31, 2009.) KNOXVILLE, Tenn. — State Rep. Frank Niceley has been lobbying against the placement of a railroad-truck interchange facility in Jefferson County that would bring...
July 31, 2009 | Headlines, NS
(The following story by Robert McCabe appeared on The Virginian-Pilot website July 30, 2009.) NORFOLK, Va. — A day after Norfolk Southern Corp. reported that its second-quarter profit dropped 45 percent from a year ago, its top executives told Wall Street analysts in...
July 30, 2009 | Headlines, NS
(The following story by Eric Anderson appeared on the Albany Times-Union website on July 30, 2009.) ALBANY, N.Y. — Work has yet to begin on the $40 million intermodal rail yard announced with great fanfare last July by then-state Senate Majority Leader Joseph L....
July 30, 2009 | Headlines, NS
(The following story by John D. Boyd appeared on the Journal of Commerce website on July 29, 2009.) WASHINGTON, D.C. — Eastern-U.S. carrier Norfolk Southern Railway saw its profit plunge 45 percent from a year earlier in the April-June quarter to $245 million, as...
July 30, 2009 | Headlines, NS
(The Associated Press circulated the following on July 29, 2009.) NEW YORK — The last of the major U.S. railroads to report second-quarter earnings agrees with the others: It appears the worst of the recession is over. But Norfolk Southern Corp. warned Wednesday of an...
July 29, 2009 | Headlines, NS
(Norfolk Southern issued the following on July 28, 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 Sept. 10, to stockholders of record on Aug. 7. Since...
July 29, 2009 | Headlines, NS
(Norfolk Southern issued the following on July 28, 2009.) NORFOLK, VA. – For the second quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $247 million, or $0.66 per diluted share, compared with $453 million, or $1.18 per diluted share,...
July 29, 2009 | Headlines, NS
(The Associated Press circulated the following story by Samantha Bomkamp on July 28, 2009.) NEW YORK — Railroad operator Norfolk Southern Corp. said Tuesday its second-quarter earnings sank 45 percent, as widespread cost cuts weren’t able to balance the steep...
July 29, 2009 | Headlines, NS
(The following story by Robert McCabe appeared on The Virginian-Pilot website on July 29, 2009.) NORFOLK, Va. — Norfolk Southern Corp. on Tuesday reported that its profit for the April-to-June quarter dropped 45 percent from the same quarter a year ago. The...
July 28, 2009 | Headlines, NS
(The Associated Press circulated the following on July 28, 2009.) NEW YORK — Analysts are looking for one thing above all else when railroad Norfolk Southern Corp. reports second-quarter earnings after the market closes Tuesday: a sign that the worst part of the long...
