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Railroad companies profit from ethanol

(The following story by Hope Deutscher appeared on the Ethanol Producer magazine website on May 4, 2009.) GRAND FORK, N.D. — While the ethanol industry relies heavily on rail transport to ship its product to various destinations, ethanol has traditionally accounted...

Norfolk Southern idles 70 in Columbus, Ohio

(The following story by Dan Gearino appeared on the Columbus Dispatch website on May 3, 2009. Tim Hanely is Chairman of the BLET Ohio State Legislative Board.) COLUMBUS, Ohio — A continuing drop in rail traffic is leading to further cuts at Buckeye Yard on the West...

Miss. officials meet to gather support for railroad line

(The following story by Royce Armstrong appeared on the Hattiesburg American website on May 1, 2009.) LUCEDALE, Miss. — With an eye to the future, Wayne County Supervisors met with more than 70 officials – including mayors and supervisors from five southeast...

NS lays off 13 carmen in Williamson, W.Va.

(The following story by Pamela Scott Johnson appeared on the Williamson Daily News website on April 24, 2009.) WILLIAMSON, W.Va. — Thirteen Carmen from Williamson Norfolk Southern railroad yard received notice Thursday morning they will be joining the ranks of the...

Norfolk Southern lays off 58 workers in Altoona

(The following story by Walt Frank appeared on the Altoona Mirror website on April 25, 2009.) ALTOONA, Pa. — After a dismal first-quarter financial report, Norfolk Southern is laying off 58 employees – primarily machinists and sheet metal workers – at the...

Norfolk Southern furloughs 58 workers at Juniata Shops

(The following story by Chris Forshey appeared at WRTA.com on April 23, 2009.) ALTOONA, Pa. — Norfolk Southern has laid-off more than 50 workers from the Juniata Locomotive Shops. The move came just a day after company CEO Wick Moorman said he expects train shipping...

Norfolk Southern sees demand ‘bottom’ this quarter

(The Associated Press circulated the following on April 22, 2009.) NEW YORK — Railroad Norfolk Southern says it expects shipping demand, which has plunged as the recession has worsened, to approach its worst level this quarter and possibly start to improve as early as...

Norfolk Southern CEO: No near-term boost for US export coal

(Reuters circulated the following on April 22, 2009.) CHICAGO — U.S. export coal volumes are unlikely to pick up in the near future because of continued low steel output in Europe, which uses metallurgical coal, the top executive of No. 4 U.S. railroad Norfolk...

Norfolk Southern declares quarterly dividend

(Norfolk Southern issued the following on April 21, 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 June 10, to stockholders of record on May 1. Since...

NS reports first-quarter 2009 results

(Norfolk Southern issued the following on April 21, 2009.) NORFOLK, Va. — For the first quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $177 million, or $0.47 per diluted share, compared with $291 million, or $0.76 per diluted share,...