September 3, 2020 | Headlines, NS
(Source: S&P Global Platts, September 2, 2020) HOUSTON — Coal exports out of the Hampton Roads terminals in Virginia reached a five-month high 2.3 million st in July, up 47.7% from June, Virginia Maritime Association data showed Sept. 2. Full story: S&P...
August 28, 2020 | Headlines, NS
(Source: Norfolk Southern Service Alert, August 27, 2020) NORFOLK, Va. — Norfolk Southern continues to monitor Hurricane Laura, which made landfall early Thursday morning, bringing heavy rainfall and wind to the Gulf Coast area. The New Orleans Flood Protection...
August 19, 2020 | Headlines, KCS, NS
(Source: Freight Waves, August 18, 2020) CHATTANOOGA, Tenn. — Freight railroads and the plastics industry have started to work together to address a side effect of North America’s booming plastics production: the dispersion of wayward plastic pellets in transit. Full...
August 5, 2020 | Headlines, NS
(Source: Railway Track & Structures, August 4, 2020) NEW YORK — After a year of leading NS’s “clean sheeting” initiative in a consulting role, Michael A. Farrell was named senior vice president transportation in Nov. 2018, then appointed senior vice president of...
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 28, 2020) NORFOLK, Va. — Norfolk Southern Corporation today announced a regular quarterly dividend of 94 cents per share on its common stock. The dividend is payable September 10 to shareholders of record on August 7....
July 29, 2020 | Headlines, NS
(Source: Pittsburgh Post-Gazette, July 29, 2020) PITTSBURGH, Pa. — Norfolk Southern Corp. and Norfolk Southern Railway Co. have agreed to pay $2.5 million to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission,...
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Freight Waves, July 29, 2020) CHATTANOOGA, Tenn. — Norfolk Southern’s net profits for the second quarter slipped 46% to $392 million, or $1.53 in diluted earnings per share, compared with $722 million, or $2.70 in diluted earnings per share, in the second...
July 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported second-quarter financial results. Second-quarter net income was $392 million, diluted earnings per share were $1.53 and the operating ratio was 70.7...
July 28, 2020 | CSX, Headlines, NS
(Source: Norfolk Southern press release, July 27, 2020) NORFOLK, Va. — Norfolk Southern Corporation today announced its board of directors has appointed Cindy Sanborn executive vice president and chief operating officer, effective Sept. 1, 2020. Sanborn will succeed...
July 10, 2020 | Headlines, NS
(Source: Roanoke Times opinion column by Mike Bowen, July 10, 2020. Bowen worked for eight years in the Norfolk Southern locomotive shop until he was laid off in January.) ROANOKE, Va. — Norfolk Southern is not run by lifetime railroaders anymore. It’s run by...
