April 30, 2020 | Headlines, NS
(Source: Freight Waves, April 29, 2020) CHATTANOOGA, Tenn. — Norfolk Southern expects some of the cost cuts it made in response to the pandemic-induced rail volume decline to be permanent, its executives said during the eastern U.S. railroad’s first-quarter 2020...
April 29, 2020 | Headlines, NS, Quarterly Income
(Source: Freight Waves, April 29, 2020) CHATTANOOGA, Tenn. — The costs associated with Norfolk Southern’s actions to divest a portion of its locomotive fleet resulted in lower net profits for the company in the first quarter. First-quarter net income was $381 million,...
April 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, April 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported first-quarter financial results of net income equal to $381 million, diluted earnings per share of $1.47, and an operating ratio of 78.4%. These results...
April 29, 2020 | Headlines, NS, Quarterly Income
(Source: Associated Press, April 29, 2020) OMAHA, Neb. — Norfolk Southern’s first-quarter profit fell 44% because of a one-time charge related to locomotive sales and weak shipping volume driven by the coronavirus outbreak. The railroad said it earned $381...
April 28, 2020 | Headlines, NS
(Source: Herald-Dispatch, April 27, 2020) HUNTINGTON, W.Va. — Norfolk Southern Railway has been working on replacing a double-rail bridge along the Pocahontas line that crosses the Tug Fork River at Hatfield Bottom near Matewan, and the construction company hired to...
April 22, 2020 | Headlines, NS
(Source: Television station WDBJ, April 21, 2020) MONTGOMERY COUNTY, Va. — A conductor is being treated at a hospital after a train was hit by a tanker truck Monday afternoon. Full story: www.wdbj7.com
April 22, 2020 | Headlines, NS
(Source: Williamson Daily News, April 21, 2020) WILLIAMSON, W.Va. — Norfolk Southern Railway announced more personnel changes at the 100-plus-year-old rail yard in Williamson this past week. The company announced in a statement that they were eliminating approximately...
April 17, 2020 | Headlines, NS
(Source: Freight Waves, April 16, 2020) CHATTANOOGA, Tenn. — Norfolk Southern has shed approximately 300 locomotives and intends to put up another 400 for sale, the Eastern U.S. railroad said in a Thursday filing to the Securities and Exchange Commission (SEC). The...
April 8, 2020 | Headlines, NS, Short Line
(Source: Progressive Railroading, April 7, 2020) Pan Am Railway’s Hoosac Tunnel in western Massachusetts reopened April 4, after being closed for repairs over the past several weeks. Full story: Progressive Railroading
April 6, 2020 | Headlines, KCS, NS
(Source: Railway Track & Structures, April 3, 2020) NEW YORK — Norfolk Southern yesterday added its voice to the chorus of Class 1 railroads that have reported to the Securities & Exchange Commission (SEC) that the coronavirus pandemic could have a...
