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2013 Freight Rail Outlook: The challenge of change
Resilience and resourcefulness are two terms that have become closely associated with North American railroads in recent years. The industry has emerged from the worst economic recession since the Great…
Michigan DOT completes NS rail line buy
In time for the holiday season, the Michigan Department of Transportation (MDOT), Federal Railroad Administration (FRA) and Norfolk Southern Railway Co. (NS) have finalized a $140 million agreement for MDOT…
New Ohio short line announced
Hannibal Real Estate of White Plains, N.Y., and Carload Express of Oakmont, Pa., on Wednesday jointly announced agreement to operate the 12.2-mile Omal railway line in Monroe County, Ohio, naming…
NS welcomes Amtrak back to Norfolk
Norfolk Southern Corp. Tuesday heralded Amtrak's return to the corporation's headquarters city, Norfolk, Va., and the Hampton Roads area.
Train plunges off rail bridge in New Jersey
A bridge accident in Paulsboro, N.J., early Friday morning caused at least three cars of an 84-car Conrail Shared Assets train to fall into Mantua Creek. At least one car…
NS marks Norfolk export coal facility upgrade
Norfolk Southern said Thursday it has completed a major upgrade to its Lamberts Point export coal transload facility in its hometown of Norfolk, Va., positioning the Class I to remain the largest…
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…
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