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Sector wrap: Railroads fall after NS 1Q miss

(The Associated Press circulated the following on April 23.) NEW YORK — Shares of railroads finished lower Wednesday, as investors reacted to Norfolk Southern Corp.’s first-quarter earnings that missed analysts’ expectations and the downgrade of Canadian...

NS says crack in rail no big deal

(The following story by Craig McKee appeared on the State Journal website on April 22.) WAYNE, W.Va. — Some folks who live along Front Street are concerned that the train tracks in front of their home could lead to a disaster. A crack has formed in the solid...

NS declares quarterly dividend

(Norfolk Southern issued the following on April 22.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 29 cents per share on its common stock, payable on June 10 to stockholders of record on May 2. Since its...

Ahead of the Bell: NS falls on earnings

(The Associated Press circulated the following on April 23.) NEW YORK — Shares of Norfolk Southern Corp. are falling in premarket trading Wednesday after the railroad operator reported a first-quarter profit that missed analyst expectations. Norfolk Southern shares...

NS posts higher first-quarter profit

(The Associated Press circulated the following story by Tim Huber on April 22.) NORFOLK, Va. — Railroad operator Norfolk Southern Corp. said Tuesday its first-quarter profit rose 2 percent as higher revenue per shipment offset an overall decline in traffic and soaring...

NS earnings rise but miss expectations

(The following story by Gregory Richards appeared on The Virginian-Pilot website on April 22.) NORFOLK, Va. — Norfolk Southern Corp. said Tuesday that its first-quarter profit rose 2.1 percent in spite of a slowing economy, yet the results fell short of Wall...

A switch on the tracks: Railroads roar ahead

(The following story by Frank Ahrens appeared on the Washington Post website on April 21.) RADFORD, Va. — When Bob Billingsley hired on with Norfolk Southern railway 31 years ago, he was a rookie on work crews that were closing unused lines as the nation’s...

NS worker seriously hurt in Indiana yard accident

(The following appeared at WNDU.com on April 17.) ELKHART, Ind. — A Norfolk Southern employee was seriously hurt in an accident early this morning after attempting to stop a runaway train car. Elkhart police say 28-year-old Brian Straight was struck by a train car...

NS names Friedmann to head strategic planning, Mazur retires

(Norfolk Southern issued the following on April 16.) NORFOLK, Va. — John H. Friedmann has been named vice president strategic planning for Norfolk Southern Corporation, effective May 1, with headquarters in Norfolk. He will report to Deborah H. Butler, executive vice...

NS ‘Green Machine’ calculates carbon footprint

(Norfolk Southern issued the following on April 15.) NORFOLK, Va. — Norfolk Southern’s new online carbon footprint analyzer puts the environmental benefits of rail transportation into an easy-to-visualize perspective. The “Green Machine” quickly estimates the...