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...
July 28, 2009 | Headlines, NS
(The following story by Michael Tomberlin appeared on the Birmingham News website on July 27, 2009.) BIRMINGHAM, Ala. — The Parent Teacher Association at McAdory Elementary School took a firm stance today against a proposed railroad hub next to the school. More than...
July 28, 2009 | CSX, Headlines, NS
(The following appeared on the Progressive Railroading website on July 27, 2009.) Last week, CSX Transportation and Norfolk Southern Corp. touted the economic benefits of government funding support for freight rail through tax incentives and public-private...
July 24, 2009 | Headlines, NS
(Norfolk Southern issued the following press release on July 23, 2009.) NORFOLK, Va. — Tax incentives to expand freight rail capacity would “make sense for America,” generating $1 billion in economic benefits and 20,000 green jobs, Norfolk Southern Corporation CEO...
July 22, 2009 | Headlines, NS
(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’...
July 22, 2009 | Headlines, NS
(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...
July 21, 2009 | Headlines, NS
(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...