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Norfolk Southern reports second-quarter 2009 results

(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,...

Norfolk Southern’s income plunges 45 percent this quarter

(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...

Ahead of the bell: Norfolk Southern

(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...

Memphis logistics industry embraces Norfolk Southern expansion

(The following story by Eric Smith appeared on the Daily News website on July 22, 2009.) MEMPHIS, Tenn. — Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’...

4 injured after NS train derails at W.Va. coal plant

(The Associated Press circulated the following on July 21, 2009.) WHARNCLIFFE, W.Va. — Four people were hurt, including one who suffered serious injuries, when a Norfolk Southern Corp. freight train derailed and struck a loading facility at a coal preparation plant in...

NS says railroads can help relieve highway congestion

(Norfolk Southern issued the following on July 20, 2009.) NORFOLK, Va. — Wick Moorman, CEO of Norfolk Southern Corporation (NYSE: NSC), called on the nation’s governors Saturday to consider railroads as “a vital part of the solution to our nation’s transportation...