May 19, 2020 | Headlines, NS
(Source: Railway Age, May 18, 2020) NEW YORK — At Norfolk Southern’s May 14 Annual Shareholder Meeting, held virtual-only for the first time, CEO Jim Squires expressed optimism on the railroad’s future as it deals with the COVID-19 pandemic, and resultant plummeting...
May 19, 2020 | Headlines, NS
(Source: Editorial in the Roanoke Times, May 18, 2020) ROANOKE, Va. — Today is a red-letter day in the history of Roanoke. Today is the last official day for Norfolk Southern’s locomotive shop — once the economic engine that powered Roanoke. Full story: Roanoke...
May 18, 2020 | Headlines, NS
(Source: Norfolk Southern press release, May 15, 2020) ATLANTA, Ga. — Despite economic challenges posed by the COVID-19 pandemic, Norfolk Southern is well-positioned to safely and successfully weather the unprecedented situation, CEO James A. Squires said Thursday at...
May 15, 2020 | Headlines, NS, UP
(Source: S&P Global Platts, May 14, 2020) HOUSTON — Across the board, the four major Class I railroads said low natural gas prices, coal plant retirements and a mild winter drove declines in coal volumes in the first quarter and have forced the railroads to begin...
May 5, 2020 | Headlines, NS
(Source: The Dispatch, May 4, 2020) LEXINGTON, N.C. — Norfolk Southern Railroad announced it will idle its hump yard in Linwood and eliminate 85 jobs in May due to a sharp decrease in traffic related to COVID-19, according to the company. Full story:...
May 4, 2020 | Headlines, NS
(Source: www.myfox8.com, May 1, 2020) HIGH POINT, N.C. — The Norfolk Southern transportation company released a statement Friday afternoon, saying the company has furloughed around 85 workers. Full story: www.myfox8.com
May 1, 2020 | Headlines, NS
(Source: Supply Chain Dive, April 30, 2020) WASHINGTON, D.C. — The second quarter of 2020 will be the toughest yet for Norfolk Southern, executives said on a Wednesday earnings call. “We project year-over-year volume declines across all business groups with...
April 30, 2020 | Headlines, NS
(Source: Norfolk Southern press release, April 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 June 10 to shareholders of record on May 8. Norfolk...
April 30, 2020 | Headlines, NS
(Source: Norfolk Southern press release, April 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 June 10 to shareholders of record on May 8. Norfolk...
April 30, 2020 | Headlines, NS, Quarterly Income
(Source: Progressive Railroading, April 29, 2020) Norfolk Southern Corp. today reported first-quarter 2020 railway operating revenue fell 8 percent to $2.6 billion compared to first-quarter last year, driven by an 11 percent decline in total volume. Full story:...
