Squires: Norfolk Southern “a good story”
Norfolk Southern in 2017 recorded record earnings and operating ratio, part of a “good story” that has carried over into 2018.
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Norfolk Southern to FRA: Fed regs impeding rail automation
Autonomous rail technology is “inevitable,” says a Class I railroad, but blocked by restrictive federal regulations.
Norfolk Southern tops marks in 1Q; Cowen affirms “outperform”
Intermodal traffic helped offset lower coal shipments and fuel record earnings at Norfolk Southern Corp.
Norfolk Southern awards safe chem shippers
Norfolk Southern has awarded its 2017 Thoroughbred Chemical Safety Award to 52 chemical customers in recognition of their safe handling of rail-shipped products.
Norfolk Southern powers 4Q income
Norfolk Southern said net income for the fourth quarter totaled $3.97 million and earnings per share were $13.79, thanks to federal tax cuts that added $3.48 billion to the bottom line. For the year, net income was $5.4 billion with earnings per share of $18.61, which added $12.10 for the quarter and $12 for the year on the tax reform legislation.
New Southern Tier bridge opened by Norfolk Southern
Norfolk Southern has inaugurated train service on the new Portageville Bridge crossing the 235-foot-deep river gorge in New York’s Letchworth State Park.
Women in Rail 2017 – LaToya Carter, Norfolk Southern
At Norfolk Southern, Carter had to overcome the challenge of working in an industry that has been dominated for years by men.
Solid 3Q gains for Norfolk Southern
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a quarterly record 65.9%. Earnings per share totaled $1.75, up 13% from the previous year.
Norfolk Southern slimming to nine divisions
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Galanko, Scheib promoted by Norfolk Southern
Norfolk Southern Corp. announced that its board of directors has elected William A. Galanko and John M. Scheib to new positions of responsibility, effective Oct. 1.
Record earnings in quarter for Norfolk Southern despite rising fuel costs
Norfolk Southern Corp. saw record earnings in the first quarter with net income of $433 million, up 12% on-year, on railroad income that increased 7%.
Norfolk Southern confers safe shipping award
Norfolk Southern awarded its 2016 Thoroughbred Chemical Safety Award to 55 customers, recognizing their safe handling of rail-shipped hazardous materials products.
Norfolk Southern safety train to visit 23 cities
Norfolk Southern’s safety train will stop in 23 cities during 2017 as part of its Operation Awareness & Response (OAR) program, which provides first responders with free training on how to respond to a railroad incident.
VIDEO: In Chicago, Norfolk Southern opens locomotive repair center
Norfolk Southern today opened a new locomotive maintenance and repair facility in Chicago, enhancing its services in the largest U.S. rail hub.
Norfolk Southern brings safety campaign to Indiana
Norfolk Southern is bringing its Train Your Brain public safety campaign to Indiana to encourage motorists to be smart and safe when crossing train tracks.
Rail Insights: Norfolk Southern and CNG
From Chicago, and Railway Age’s Rail Insights Conference and Expo today, June 8: William C. Vantuono, Editor-in-Chief, Railway Age: What is the status of Norfolk Southern’s compressed natural gas (CNG) locomotives?
Norfolk Southern slimming down a bit
Most likely to assist in heading off Canadian Pacific’s next move toward an acquisition, Norfolk Southern announced on Jan. 12, 2016 that it is consolidating two of its divisions and shutting down portions of one secondary line as “part of the company’s ongoing drive to enhance operating efficiencies and support long-term growth.”
Norfolk Southern rolls out the GP33ECO
Norfolk Southern joined local and state officials on Nov. 5, 2015 to dedicate a new fleet of GP33ECO environmentally friendly yard locomotives for Chicago at its 47th Street intermodal facility.
Leadership transition at Norfolk Southern
Continuing a tradition of smooth leadership transitions, Norfolk Southern Executive Chairman Charles W. “Wick” Moorman will be stepping down effective Oct. 1, 2015. President and CEO James A. Squires will become Chairman.
Norfolk Southern expands “Railroad University”
Norfolk Southern on March 18, 2015 held a ribbon-cutting ceremony to celebrate the expansion of its “Railroad University” and “redoubled its commitment to superior transportation services for its present and future rail customers.”