January 29, 2018 | Headlines, NS
(Source: Roanoke Times, January 26, 2018) ROANOKE, Va. — Norfolk Southern will close its Roanoke dispatching center and offer the center’s 56 employees dispatching jobs in Atlanta, the company said Friday. Full story: Roanoke Times
January 26, 2018 | Headlines, NS, Quarterly Income
(Source: Progressive Railroading, January 24, 2018) Norfolk Southern Corp. reported fourth-quarter 2017 adjusted net income of $486 million, or $1.69 per diluted earnings per share (EPS), compared with $416 million, or $1.42 per diluted share, in the same period a...
January 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 23, 2018) NORFOLK, Va. — Norfolk Southern Corporation announced that its board of directors today approved an 18 percent increase in its quarterly dividend on the company’s common stock, from 61 to 72 cents per share....
January 24, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 24, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and 2017 financial results. Net income for the quarter was $3,968 million and diluted earnings per share were $13.79. For the year, net...
January 19, 2018 | Headlines, NS
(Source: Reuters, January 18, 2018) LOMBARD, Ill. — Norfolk Southern Corp is working toward a “more stable, resilient” network for 2018 following service issues in recent months, the No. 4 U.S. railroad’s top executive said on Thursday. Full story:...
January 18, 2018 | Headlines, NS
(Source: Associated Press, January 17, 2018) CHATTANOOGA, Tenn. — A Norfolk Southern Railway official says the company still doesn’t know how thousands of gallons of oil ended up in the Tennessee River and Citico Creek. Full story: The...
January 17, 2018 | Headlines, NS, Oil Train
(Source: Times Free Press, January 17, 2018) CHATTANOOGA, Tenn. — Cleanup of a spill that dumped more than a thousand gallons of oil into Citico Creek is complete, according to Norfolk Southern spokeswoman Susan Terpay, but a county commissioner is demanding the...
January 12, 2018 | Headlines, NS
(Source: Woodworking Network, January 11, 2018) FAYETTEVILLE, Ga. — A number of factors, primarily economic, will drive demand for railroad ties, according to James C. Gauntt, executive director of the Railway Tie Association. Full story: Woodworking...
January 12, 2018 | Headlines, NS
(Source: Railway Age, January 12, 2018) NEW YORK — The North Carolina Department of Transportation (NCDOT) is celebrating the completion of the state’s largest program of passenger and freight rail infrastructure improvements. Full story: Railway...
January 11, 2018 | Headlines, NS
(Source: Virginian-Pilot, January 10, 2018) NORFOLK, Va. — The Port of Virginia just finished its best year ever for container volume, having moved 2.84 million TEUs, or boxes as measured in standard 20-foot units. That’s a 7-percent year-over-year increase. Full...
