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Rail Industry News

NS increases quarterly dividend by 11 percent

(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....

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Rail, intermodal poised to gain from fresh produce

(Source: The Packer, July 25, 2018) LENEXA, Kan. — After a down period, intermodal and rail shipments of fresh produce could be headed higher. Rising fuel prices and climbing truck rates are set to make refrigerated shipments by intermodal and rail more competitive,...

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