August 24, 2018 | Headlines, NS
(Source: Chicago Sun-Times, August 23, 2018) CHICAGO — Up to 6,000 pairs of shoes will be given away Sunday in Englewood from “anti-bait trucks” through an event organized after a sting by Norfolk Southern to catch thieves in the neighborhood was widely criticized....
August 20, 2018 | Headlines, NS
(Source: Associated Press, August 11, 2018) CHICAGO — Norfolk Southern Railroad has apologized for using a bait truck loaded with shoes to lure potential thieves on Chicago’s South Side, and prosecutors have dropped charges against three people arrested during...
August 10, 2018 | Headlines, NS
(Source: CBS Chicago, August 9, 2018) CHICAGO — A major railroad is fighting back against accusations it’s trying to lure people into stealing goods from freight cars. Norfolk Southern officials said they are using so-called “bait trucks” to stop thefts, but insisted...
August 9, 2018 | Headlines, NS
(Source: Chicago Sun-Times, August 8, 2018) CHICAGO — The Chicago Police Department and Norfolk Southern Railroad are under fire after videos of a sting operation in which so-called “bait trucks” were parked in Englewood in an attempt to nab would-be thieves went...
August 8, 2018 | Headlines, NS
(Source: Pittsburgh Tribune-Review, August 7, 2018) PITTSBURGH, Pa. — Pittsburgh avoided disaster by a scant two minutes Sunday afternoon when a freight train derailed and sent cars tumbling over a hillside and onto light rail passenger train tracks in the South Side...
August 7, 2018 | Headlines, NS
(Source: CBS Pittsburgh, August 6, 2018) PITTSBURGH, Pa. — City officials say the process of clearing a train derailment near Station Square is taking a little longer than expected. Seven rail cars on a 7,600-foot-long Norfolk Southern double-stack intermodal train...
August 6, 2018 | Headlines, NS
(Source: CBS News, August 5, 2018) PITTSBURGH, Pa. — A Norfolk Southern freight train derailed in Pittsburgh on Sunday, sending train cars crashing onto light rail tracks below. Authorities said there were no reports of injuries stemming from the incident, which...
August 3, 2018 | Headlines, NS
(Source: Norfolk Southern press release, August 2, 2018) NORFOLK, Va. — Norfolk Southern Corporation today announced that it has entered into accelerated share repurchase (ASR) agreements with Bank of America N.A. and Goldman Sachs & Co. LLC to repurchase an...
July 30, 2018 | Headlines, NS
(Source: Norfolk Southern press release, July 27, 2018) NORFOLK, Va. — Norfolk Southern Corporation announced that its board of directors today approved an 11 percent increase in its quarterly dividend on the company’s common stock, from 72 to 80 cents per share....
July 26, 2018 | CSX, Headlines, NS
(Source: Freight Waves, July 25, 2018) NEW YORK — The strong earnings report issued last week by CSX is reverberating through the quarterly release of class I railroad earnings, which is now at an end. Last week, CSX reported an operating ratio of 58.6%. Wednesday, in...