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NS announces key management changes
Norfolk Southern announced Friday that Timothy J. Drake, vice president engineering, will retire Oct. 31 and will be succeeded by Michael J. Wheeler, formerly vice president transportation. Succeeding Wheeler will be Terry N.…
NS 3Q earnings just beat lowered Street expectations
Norfolk Southern Tuesday afternoon reported net income of $402 million, or $1.24 per diluted share, down 27% compared with $554 million, or $1.59 per diluted share, in the third quarter…
STB: NS and UP "revenue adequate" in 2011
The Surface Transportation Board announced Wednesday its determination that two of the five major U. S. freight railroads, Norfolk Southern and Union Pacific, were "revenue adequate" in 2011. This means that their…
NS Alabama intermodal facility opens
Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley joined federal, state, and local officials and business leaders Wednesday in McCalla, Ala., to mark the opening of the Birmingham…
Faster flip for fracking sand
A $20 million upgrade to the Horseheads (N.Y.) Sand & Transloading Terminal (HOST) will give Norfolk Southern trains hauling sand used in extracting natural gas from the Marcellus Shale formation…
NS shares dip on earnings warning
Norfolk Southern announced late Wednesday that third-quarter 2012 earnings are expected to be in the range of $1.18 to $1.25 per diluted share, "primarily due to volume declines in certain markets and…
NS improves Carbon Disclosure Project score
Norfolk Southern Corp. said Wednesday it "has achieved its best-ever score in the S&P 500 Climate Change Report released by the Carbon Disclosure Project."
Norfolk Southern shows the way for short lines
Norfolk Southern's 30th Anniversary Year was helped along by a blow-out Annual Short Line meeting in Roanoke, Va. More than 200 members of the short line community attended, representing most…
NS’s Rathbone, Squires trade places
Norfolk Southern has always sought to broaden the experience of its senior management team. In keeping with that philosophy, John P. Rathbone was named executive vice president finance and chief…
With record ROI, NS shaves 2Q operating ratio
For this year's second quarter, Norfolk Southern earned a net income of $524 million that edged 6% below that for the second quarter of 2011, but it also had an…
Court moves pricing suit against railroads ahead
Judge Paul L. Friedman of the U. S. District Court for the District of Columbia has granted class certification to a lawsuit in which eight shippers allege that BNSF Railway, Union Pacific,…
The science of train handling
Norfolk Southern and New York Air Brake have taken LEADER® from concept to test to proven technology.
Profitability, beyond coal. Imagine
Give Norfolk Southern CEO Wick Moorman due recognition for his courage to be contrarian. Applause from this observer follows.
Moorman: Putting coal in perspective
There's no question about the importance of coal to the railroads. It has recently accounted for 44% of U.S. Class I railroad tonnage, 24.1% of carloads, and 24.2% of revenue. A mild…
NS marks 30 years on the NYSE
On June 2, 1982, newly formed Norfolk Southern Corp., a merger of the Norfolk & Western Railway and the Southern Railway, was listed on the New York Stock Exchange. Present…
Norfolk Southern: At 30, still growing
Norfolk Southern, a railroad that has more than once been characterized as the world's most successful, observes its 30th anniversary June 2 in a position of strength and growth, despite…
Pact eases way for Charlotte LYNX extension
Charlotte's LYNX Blue Line Extension (BLE) light rail project along the North Carolina Railroad corridor moved a big step forward Wednesday with the announcement that the North Carolina Railroad Co. (NCRR), the…
NS creates "Protect the Line" security program
Norfolk Southern is inviting "everyone with a stake in rail operations—communities, businesses, and informed observers such as rail fans"—to join its new online security program, "Protect the Line."
Amtrak restores Chicago-Michigan speeds
Amtrak said Friday schedules for its Wolverine Service and Blue Water passengers had been restored to normal, following extensive and expeditious trackwork along much of the route by landlord Norfolk…
Moorman “optimistic” on traffic prospects
Norfolk Southern CEO Wick Moorman told stockholders at the company's 30th annual meeting in Williamsburg, Va., Thursday that he is “confident, optimistic, and enthusiastic about our future business prospects.”
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