February 3, 2020 | CSX, Headlines, NS
(Source: Television station WMAZ, January 31, 2020) MACON, Ga. — It was a more than $5 million derailment–Georgia’s most expensive train wreck on record, according to Federal Railroad Administration reports that begin in 1975. Nobody was hurt, but 13WMAZ...
January 31, 2020 | CSX, Headlines, NS
(Source: Commonwealth Journal, January 30, 2020) SOMSERSET, Ky. — A federal judge has ruled in favor of the Association of American Railroads (AAR) and against local law enforcement, stating that federal law overrules state law when it comes to railroad commerce. As...
January 31, 2020 | Headlines, NS
(Source: Supply Chain Dive, January 30, 2020) WASHINGTON, D.C. — Service improved and customers are happy with Norfolk Southern’s “flawless” precision-scheduled railroading (PSR) implementation, CMO Alan Shaw said on the railroad’s Wednesday...
January 30, 2020 | Headlines, NS
(Source: Market Watch, January 29, 2020) NEW YORK — Shares of Norfolk Southern Co. shot up 5.4% to a record high Wednesday, after the railroad operator reported a fourth-quarter profit that was well above expectations, although revenue fell slightly more than...
January 29, 2020 | Headlines, NS
(Source: Television station WTVC, January 28, 2020) SODDY-DAISY, Tenn. — A neighborhood in Soddy-Daisy is growing concerned for their safety after stalled trains are causing major delays. On Tuesday morning, the Soddy-Daisy Fire Department says a train stalled at the...
January 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 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 March 10 to shareholders of record on Feb. 7. Norfolk...
January 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and full-year 2019 financial results. Net income was $666 million and diluted earnings per share were $2.55 for the fourth quarter and...
January 27, 2020 | CSX, Headlines, NS
(Source: Progressive Railroading, January 24, 2020) The Alabama State Port Authority and AutoMOBILE International Terminal (AIT) earlier this week signed a concession agreement for a $60 million automobile roll on/roll off terminal now under construction at the Port...
January 23, 2020 | Headlines, NS
(Source: Television station WANE, January 22, 2020) FORT WAYNE, Ind. — Longtime Fort Wayne business, Triple Crown Services, is moving its headquarters out of Fort Wayne. An employee confirmed to WANE 15 the last day for employees in July 31, 2020. Triple Crown...
January 13, 2020 | Headlines, NS
(Source: Legal Newsline, January 10, 2020) ATLANTA — On Dec. 23, the Supreme Court of Georgia ruled that Federal Railroad Safety Act claims don’t cancel out the Federal Employers’ Liability Act (FELA) in a lawsuit against Norfolk Southern Railway. Full story: Legal...
