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Norfolk Southern to sell $600 million in notes

(The Associated Press circulated the following on April 4.) NEW YORK — Railroad operator Norfolk Southern (NYSE:NSC) Corp. said it has agreed to sell $600 million in 5.75 percent senior notes due 2018, according to a filing Friday with the Securities and Exchange...

Railroads are expanding at a record clip

(The following story by Gregory Richards appeared on The Virginian-Pilot website on April 6.) NORFOLK, Va. — America’s railroads are back to laying track. For decades, freight railroads tore up or sold stretches of rail as they lost cargo to trucking companies....

$24 million verdict upheld in railroad burn case

(The following story by Janet Kelley appeared at Lancaster Online on April 2.) LANCASTER, Pa. — A federal judge has rejected the appeal of a $24.2 million verdict against two railroad companies for injuries suffered by two teenagers climbing on a train car parked near...

NS boosts spending budget by $64 million

(Reuters circulated the following on March 28.) NEW YORK — Norfolk Southern Corp boost its 2008 capital expenditures budget by $64 million to speed up the purchase of new coal cars and take advantage of a tax deduction, the company said in a regulatory filing on...

Grants roll in for Pa. rail projects

(The following story by Andrew M. Seder appeared on the Times Leader website on March 28.) WILKES-BARRE, Pa. — The state has released more than $10 million in matching grants to assist the rail freight industry. Among the recipients are five projects in Luzerne...

Knoxville tracks reopen after NS derailment

(The following story appeared on the Knoxville News Sentinel website on March 23.) KNOXVILLE, Tenn. — Railroad traffic resumed Saturday through Knoxville’s Old City as crews cleaned up a train derailment from the night before. A Norfolk Southern train jumped the...

NS auto shipping slowed by parts strike

(Bloomberg News circulated the following story by Angela Greiling Keane and Deirdre Bolton on March 20.) NEW YORK — Norfolk Southern Corp., which gets more of its revenue from carrying autos than any other large U.S. railroad, said its volume is being hurt by a strike...