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NS VP Hurlbut sells $401,898 in company stock

(Source: Macon Daily, May 2, 2018) NEW YORK — Norfolk SouthernVP Thomas E. Hurlbut sold 2,762 shares of the company’s stock in a transaction on Friday, April 27. The stock was sold at an average price of $145.51, for a total transaction of $401,898.62. Following the...

Norfolk Southern reports Q1 2018 results

(Source: Norfolk Southern press release, April 25, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported first-quarter financial results. First-quarter net income was $552 million, up 27 percent year-over-year, a result of a 10 percent increase in income...

Indiana Supreme Court to consider case about railroad fines

(Source: Associated Press, April 24, 2018) INDIANAPOLIS, Ind. — The Indiana Supreme Court will consider the validity of a state law allowing local governments to fine railroads when a stopped train blocks a street for more than 10 minutes. Full story: Dubois County...

Judge slams Norfolk Southern in railroad-related lawsuit

(Source: Sandusky Register, April 12, 2018) SANDUSKY, Ohio — A federal judge railed against a defendant acting defiant by not providing the plaintiffs with vital information, which could possibly help their case. In a recent decision, coming out of a U.S. district...

Norfolk Southern responds to STB on service issues

(Source: Progressive Railroading, April 4, 2018) Norfolk Southern Railway’s service “is not where we or our customers need it to be,” the Class I’s Chairman, President and Chief Executive Officer James Squires acknowledged in a letter to the...