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NS inks deal to improve 50-mile stretch

(The following story by Gregory Richards appeared on The Virginian-Pilot website on January 23.) NORFOLK, Va. — Norfolk Southern Corp. has signed a $57 million agreement with the Virginia Department of Rail and Public Transportation to improve its railroad tracks...

NS increases dividend

(Norfolk Southern Corp. issued the following on January 22.) NORFOLK, Va. — Norfolk Southern Corporation announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 12 percent, or 3 cents per share, to...

NS reports improved fourth-quarter and 2007 results

(Norfolk Southern issued the following on January 22.) NORFOLK, VA – Norfolk Southern Corporation today reported record fourth-quarter 2007 net income of $399 million, an increase of 4 percent, compared with $385 million for fourth-quarter 2006. Diluted earnings...

Moving historic locomotives leaves NS stumped

(The following story by Jeff Sturgeon appeared on the Roanoke Times website on January 17.) ROANOKE, Va. — Advocates who are puzzled about how to save six historic locomotives sitting in a Roanoke scrap yard include even the railroad that used to own the machines....

Morgan Stanley cuts NS, raises CN

(Reuters circulated the following story by Ramya Dilip on January 15.) NEW YORK — Morgan Stanley downgraded railroad company Norfolk Southern Corp. to “equal-weight” from “overweight” but upgraded Canada’s largest railway Canadian...

Va., W.Va. tunnels rising for double-stacked rail cars

(The Associated Press circulated the following on January 11.) HUNTINGTON, W.Va. — Roofs are being raised on railroad tunnels in southern West Virginia and Virginia to allow more goods to reach the Appalachian Mountains and beyond. It’s all part of one of the...

Heartland Corridor construction begins

(The following story by Jean Tarbett hardiman appeared on The Herald-Dispatch website on January 10.) HUNTINGTON, W.Va. — The Heartland Corridor construction is getting under way. Work has begun to raise tunnels in Virginia and in southern West Virginia between Antler...

Nuclear waste is coming by rail

(The following story by Greg Purvis appeared on The Times-Journal website on January 10.) FORT PAYNE, Ala. — Nuclear waste will be shipped through DeKalb County beginning in May. The National Nuclear Security Administration held an introductory meeting at the DeKalb...

NS announces 4Q meeting, conference call

NORFOLK, Va. — Norfolk Southern Corp. will hold its fourth-quarter 2007 analyst meeting at 9 a.m. EST on Wednesday, Jan. 23, at JPMorgan Chase Co., 277 Park Ave., New York, 17th floor, general session room. Norfolk Southern expects to issue its earnings results...