March 19, 2018 | Headlines, NS
(Source: Norfolk Southern press release, March 16, 2018) NORFOLK, Va. — Norfolk Southern has been notified that TRC Capital Corporation (TRC) made an unsolicited “mini-tender” offer, dated Feb. 23, 2018, to purchase up to 1 million shares of Norfolk Southern stock at...
March 19, 2018 | CSX, Headlines, NS
(Source: Associated Press, March 19, 2018) GEORGETOWN, Ky. — Two freight trains collided and derailed shortly before midnight, injuring 4 people and igniting a fire that forced nearby residents to evacuate, authorities said Monday. No additional information about the...
March 16, 2018 | CEO Pay, Headlines, NS
(Source: Week Herald, March 15, 2018) NEW YORK — Norfolk Southern Corp. COO Michael Joseph Wheeler sold 1,699 shares of the business’s stock in a transaction on Friday, February 16. The stock was sold at an average price of $143.62, for a total value of $244,010.38....
March 16, 2018 | Headlines, NS
ALLENTOWN, Pa. — Norfolk Southern freight trains increased their speeds to 60 mph today along nearly 30 miles of railroad track from Lehigh to Berks counties. (Source: LVB.com, March 14, 2018) Full story: www.lvb.com
March 13, 2018 | Headlines, NS
(Source: www.al.com, March 12, 2018) BIRMINGHAM, Ala. — New York City has decided to halt an operation that sent train loads of partially treated sewage material to a landfill in Alabama. Full story: www.al.com
March 8, 2018 | Headlines, NS
(Source: Reading Eagle, March 8, 2018) READING, Pa. — Norfolk Southern announced its plan Wednesday to increase train speeds across nearly 30 miles of its Reading Line to enhance rail efficiency and travel times. Full story: Reading Eagle
March 7, 2018 | Headlines, NS
(Source: www.al.com, March 6, 2018) BIRMINGHAM, Ala. — Several dozen train cars loaded with what appears to be sewage sludge from wastewater treatment plants in New York and New Jersey will be pulled back into a rail yard and off the tracks in north Birmingham,...
March 7, 2018 | CSX, Headlines, NS
(Source: Observer-Reporter, March 6, 2018) FREDERICKTOWN, Pa. — On March 6 near Fredericktown, Pa., a train broadsided a tanker truck hauling some 4,400 gallons of a corrosive solution of hydrochloric acid as the rig’s driver crossed the tracks about 10:30 a.m....
February 26, 2018 | CSX, Headlines, NS
(Source: Reuters, February 26, 2018) SEATTLE/BOCA RATON, Fla. — The drive for cost cuts and higher margins at U.S. trucking and railroad operators is pinching their biggest customers, forcing the likes of General Mills Inc and Hormel Foods Corp to spend more on...
February 23, 2018 | Headlines, NS
(Source: Post and Courier, February 22, 2018) CHARLESTON, S.C. — The cost of building an inland port to handle cargo moving between the Pee Dee region and the Charleston waterfront has ballooned to $50.5 million because of unexpected road, rail and technology costs....
