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CSX, NS stocks jump as Harrison eyes ‘opportunities’

(Source: Investors Business Daily, January 18, 2017) NEW YORK — Shares of rail giants CSX (CSX) and Norfolk Southern (NSC) surged late Wednesday after Canadian Pacific (CP) said CEO E. Hunter Harrison, who helped lead the Norfolk Southern takeover attempt last year,...

Pittsburghers, Amtrak, NS and PennDOT

(Source: Railway Age, December 8, 2016) NEW YORK — “I think it’s one of the first times that Amtrak, PennDOT and Norfolk Southern were all at the same table answering questions from legislators on this issue,” says Lucinda Beattie, Vice President of...

Dow transportation stocks set closing record high

(Source: Reuters, December 7, 2016) NEW YORK — The Dow Jones transportation average .DJT hit a record high close, led by increases in shares of Norfolk Southern, Union Pacific and FedEx Corp, giving some investors hope the stock market is poised for further gains....

NS says count us out of Great Lakes Basin plan

(Source: www.nwitimes.com, December 6, 2016) MUNSTER, Ind. — Norfolk Southern railroad has reiterated to federal regulators that it will not use a railroad proposed by Great Lakes Basin Transportation as a bypass around Chicago’s congestion. Full story:...