November 9, 2018 | CEO Pay, Headlines, NS
(Source: Fairfield Current, November 8, 2018) NEW YORK — Norfolk Southern Corp. COO Michael Joseph Wheeler sold 801 shares of the business’s stock in a transaction dated Wednesday, November 7. The shares were sold at an average price of $172.55, for a total...
November 9, 2018 | Headlines, NS
(Source: Saporta Report, November 8, 2018) ATLANTA — Norfolk Southern’s plan to secure up to $600 million in funding for a new office building from Invest Atlanta, the city’s development arm, was deferred Thursday. In addition, Norfolk’s mayor was quoted Thursday...
November 9, 2018 | Headlines, NS
(Source: Fox 43, November 8, 2018) HARRISBURG, Pa. — Multiple taxing authorities in central Pennsylvania have filed a joint appeal in court to fight a February 2018 ruling that railroad intermodal yards, in this case Norfolk Southern Railroad (NS), are exempt from...
November 8, 2018 | Headlines, NS
(Source: Virginian Pilot, November 7, 2018) NORFOLK, Va. — Three days after the Atlanta City Council cleared the tracks for Norfolk Southern Corp. to move its headquarters there, the region is moving forward on a bond deal to cover the cost of a $575 million...
November 7, 2018 | Headlines, NS
(Source: Television station WAVY, November 6, 2018) ATLANTA, Ga. — After hours of public comment and debate, the Atlanta City Council voted to approve financing for a deal that would help Norfolk Southern relocate from Norfolk. Full story:...
November 1, 2018 | Headlines, NS
(Source: Virginian-Pilot, October 31, 2018) NORFOLK, Va. — Norfolk Southern Corp. has given the Atlanta City Council an apparent ultimatum with a Monday deadline: Approve the development deal that would allow us to move our headquarters to your city or the...
October 26, 2018 | Headlines, NS
(Source: Freight Waves, October 24, 2018) CHATTANOOGA, Tenn. — The specifics plan for Norfolk Southern’s adoption of precision railroading principles is going to have to wait until February. Full story: Freight Waves
October 25, 2018 | Headlines, NS
(Source: Trains, October 24, 2018) Norfolk Southern will adopt Precision Scheduled Railroading principles as it develops a new operating plan that aims to produce better service at lower cost. The decision, announced today, comes a month after Union Pacific said it,...
October 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 23, 2018) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 80 cents per share on its common stock, payable on Dec. 10 to shareholders of record on Nov. 2. Since its inception...
October 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 24, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported record third-quarter financial results. Net income was $702 million, up 39 percent year-over-year, a result of a 14 percent increase in income from...
