January 28, 2019 | Headlines, NS
(Source: Freight Waves, January 24, 2019) CHATTANOOGA, Tenn. — Norfolk Southern posted strong fourth quarter and full 2018 results thanks to gains in its intermodal and coal car businesses. It further consoled investors as it said it was well on its way to 2020 plan...
January 25, 2019 | Headlines, NS, Quarterly Income
(Source: Associated Press, January 24, 2019) OMAHA, Neb. — Norfolk Southern Corp. said it hauled in 44 percent more fourth-quarter profit as volume increased 3 percent and the railroad increased shipping prices. The company said Thursday it had $702 million net...
January 25, 2019 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 25, 2019) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and 2018 financial results. Net income was $702 million and diluted earnings per share were $2.57 for the fourth quarter and $2,666...
January 24, 2019 | Headlines, NS
(Source: Norfolk Southern press release, January 23, 2019) NORFOLK, Va. — Norfolk Southern Corporation announced that its board of directors today approved an 8 percent increase in its quarterly dividend on the company’s common stock, from 80 to 86 cents per share....
January 16, 2019 | CSX, Headlines, NS
(Source: www.nwitimes.com, January 16, 2018) INDIANAPOLIS, Ind. — The Indiana Supreme Court last year ruled that local police are barred by federal law from issuing $200 tickets to railroad operators when their trains block street crossings for longer than 10 minutes....
January 16, 2019 | Headlines, NS
(Source: News-Graphic, January 15, 2019) GEORGETOWN, Ky. — Responding to allegations that a conductor and engineer caused a March 2018 train crash and derailment in Georgetown, the two men have filed a countersuit claiming the owner of the train was responsible due to...
January 15, 2019 | CSX, Headlines, NS
(Source: Freight Waves, January 14, 2019) CHATTANOOGA, Tenn. — Intermodal rail is taking a growing share of container traffic coming out of the largest U.S. East Coast port as more heavy freight moves across the docks and trucking costs rise. Even so, some shippers...
January 15, 2019 | Headlines, NS
(Source: Epoch Times, January 14, 2019) BARTOW, Ga. — Residents of Bartow, Georgia, are returning to their homes, which they fled after a train derailment released toxic chemicals. Some 500 homes had to be evacuated after a Norfolk Southern freight train derailed near...
January 14, 2019 | Headlines, NS
(Source: Bristol Herald Courier, January 11, 2019) BRISTOL, Tenn. — Based on right of way established by two 150-year-old land deeds, Norfolk Southern has informed the Salvation Army of Bristol that its downtown building is encroaching on the railroad’s land. Full...
January 14, 2019 | Headlines, NS
(Source: Lexington Herald Leader, January 11, 2019) LEXINGTON, Ky. — The engineer and conductor of a train that derailed in Georgetown last year say Norfolk Southern Railway knew a locomotive “was not in proper condition” before the crash with another train. Full...
