January 29, 2009 | Headlines, NS
(Down Jones Newswires circulated the following story by Bob Sechler on January 28, 2009.) JACKSONVILLE, Fla. — Norfolk Southern Corp. (NSC) Chief Executive Wick Moorman said Wednesday the steep slide in railroad freight volumes eventually will bottom, if only because...
January 29, 2009 | Headlines, NS
(The following story by Kathy Adams appeared on The Virginian-Pilot website on January 29, 2009.) NORFOLK, Va. — Norfolk Southern Corp. will lay off 100 additional train and engine service employees over the next month, bringing the number of job cuts at the railroad...
January 29, 2009 | Headlines, NS
(Norfolk Southern issued the following on January 27, 2009.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 6 percent, or 2 cents per...
January 28, 2009 | Headlines, NS
(Norfolk Southern issued the following on January 27, 2009.) NORFOLK, Va. — Norfolk Southern (NYSE: NSC) will open a new intermodal terminal in Titusville, Fla., Feb. 16, that will provide shippers of containers and trailers with improved access to central Florida....
January 28, 2009 | Headlines, NS
(Norfolk Southern issued the following on January 27, 2009.) NORFOLK, VA. – Norfolk Southern Corporation (NYSE: NSC) today reported record fourth-quarter 2008 net income of $452 million, an increase of 13 percent compared with $399 million for fourth-quarter 2007....
January 28, 2009 | Headlines, NS
(The Associated Press circulated the following story by Samantha Bomkamp on January 27, 2009.) NORFOLK, Va. — Railroad operator Norfolk Southern said Tuesday its fourth-quarter profit rose 13 percent as higher shipping prices and lower fuel costs offset tumbling...
January 26, 2009 | Commuter Rail, Headlines, NS
(The following story by Aaron Applegate and Deirdre Fernandes appeared on The Virginian-Pilot website on January 24, 2009.) VIRGINIA BEACH, Va. — The price to buy the old Norfolk Southern rail line for a possible light-rail project could reach $40 million. A state...
January 23, 2009 | Headlines, NS
(The following appeared on the Progressive Railroading website on January 22, 2009.) Next month, Norfolk Southern Railway plans to roll out new and improved intermodal services to Florida and open a new terminal in the Sunshine State. Beginning Feb. 9, NS will reduce...
January 19, 2009 | Headlines, NS
(The following editorial appeared on The Virginian-Pilot website on January 17, 2009.) ROANOKE, Va. — After years of stalled negotiations over a critical corridor from Newtown Road to Town Center and the Oceanfront, Virginia Beach and Norfolk Southern Corp. finally...
January 16, 2009 | Headlines, NS
(The following story by Aaron Applegate appeared on The Virginian-Pilot website on January 15, 2009.) VIRGINIA BEACH, Va. — The City Council has agreed to spend $10 million to buy the 10.6-mile Norfolk Southern Corp. right-of-way, the most likely route for a light...
