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Norfolk Southern declares quarterly dividend

(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...

Class Is to serve new auto terminal at Alabama port

(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...

Norfolk Southern lays off nearly 70 Roanoke employees

(Source: Television station WSET, January 6, 2020) ROANOKE, Va. — Norfolk Southern announced furloughs for less than 70 employees in Roanoke Monday morning, Jan. 6. In September of last year, they furloughed 130 employees then last April they let go of 45 more...