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ASLRRA honors four short lines for marketing achievements
The American Short Line and Regional Railroad Association recognized four short lines on May 18, 2016 "for their efforts in designing and enacting innovative and successful marketing initiatives in the…
Hunter Harrison: Disrupting the status quo
National Transportation Policy mandates that railroads be managed efficiently. While railroad performance is reflective of improvement, some railroads excel, with the reasons increasingly under digital scrutiny by activist money managers…
Jason Seidl: NS valuation “remains too cheap”
“We would still be buyers of Norfolk Southern stock,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl wrote in Reiterate Outperform—Just the Tip of…
The Thoroughbred that got away
Cover story from the May 2016 issue of Railway Age: Norfolk Southern has been looking over its shoulder for almost a year. Now, it can focus its attention ahead.
NS first quarter demonstrates "significant progress"
Norfolk Southern, having shaken off unwanted suitor Canadian Pacific, reported “strong first-quarter  results [that] demonstrate the significant progress we are making in line with our strategic plan,” according to…
NS downsizing Knoxville Yard
Norfolk Southern Corp. on April 20, 2016 announced that it will downsize its Knoxville, Tenn., classification yard, effective May 1. “The action is in response to lower traffic volumes and…
AAR names environmental award recipients
The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator…
See ya later, what’s-your-name
Well, it’s all over but the ruminating and regurgitating: Hedge fund king Bill Ackman had his blinders ripped off, read the handwriting on the wall, and wisely deep-sixed his attempt…
CP, Ackman call it quits
On Monday, April 11, 2016, Canadian Pacific Railway Ltd. terminated its efforts to merge with Norfolk Southern Corp.. This includes “withdrawal of a resolution asking NS shareholders to vote in…
DOJ, DOD oppose CP-NS combination
The Surface Transportation Board, in seeking comments addressing Canadian Pacific’s petition for an expedited declaratory order, has received letters from the U.S. Department of Justice and the Department of Defense-United…
Engines of change
State-of-the-art locomotives stand ready to make their mark on what is ideally a power-hungry industry. Problem is, with traffic down, the railroads aren’t so hungry for new power.
Shuster opposes proposed CP-NS merger
Chairman of the U.S. House Transportation and Infrastructure Committee Bill Shuster (R-Pa.) on April 5, 2016 announced his opposition to Canadian Pacific Railway’s proposed merger with Norfolk Southern.
NS awards chemical customers for safe rail-shipping practices
Norfolk Southern on April 5, 2016 awarded 60 chemical customers its 2015 Thoroughbred Chemical Safety Award for safely transporting on its rail lines 224,660 carloads of chemical product that the…
NS CEO highlights past accomplishments, looks ahead in annual report
Norfolk Southern Corporation on March 31, 2016 posted its 2015 Annual Report online, highlighting early accomplishments of a recently announced five-year strategic plan to drive growth, streamline operations, improve network…
CP files definitive proxy statement for NS shareholder resolution
Canadian Pacific on March 29, 2016 filed its definitive proxy statement for its Norfolk Southern Corp. (NS) shareholder resolution asking NS’ Board of Directors to engage in good faith discussions…
NS names new VP Human Resources, Audit Committee Chair; Horn retires
Ann A. Adams has been named Vice President Human Resources at Norfolk Southern Corp., effective April 1, 2016. She succeeds Juan K. Cunningham, who retired earlier this year.
SCPA announces improved Charleston – Charlotte rail service
South Carolina Ports Authority (SCPA) on March 10, 2016 announced a significant enhancement to international intermodal rail service between the Port of Charleston and the Charlotte Regional Intermodal Facility at…
OmniTRAX, ECIDA to develop hub served by CSX and NS
OmniTRAX, Inc., one of the largest privately held transportation services companies in North America and an affiliate of The Broe Group, and the Effingham County Industrial Development Authority (ECIDA) are…
CP+NS: STB declaratory order proceedings under way
On March 10, 2016, the Surface Transportation Board issued a decision, Docket No. FD 36004, “Canadian Pacific Railway Limited—Petition for Expedited Declaratory Order,” responding to CP’s March 2 petition, and…
CP to NS: “Promptly engage in good faith discussions”
Canadian Pacific on March 9, 2016 filed a preliminary proxy statement with the Securities and Exchange Commission (SEC) that outlines the shareholder resolution to be considered at the upcoming Annual…
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