Norfolk Southern Executive Vice President and Chief Financial Officer Cynthia “Cindy” Earhart is retiring after 34 years at the railroad, effective Nov. 1. Her replacement is Mark George, who comes to NS from United Technologies Corp.
Norfolk Southern on Aug. 14 announced promotions for two senior-level managers, effective Aug. 16: Vanessa Allen Sutherland and Michael Farrell. Allen Sutherland, previously Vice President Law, is now SVP Government Relations and Chief Legal Officer. Farrell, previously Senior Vice President Transportation, is now SVP Operations and Mechanical.
Norfolk Southern’s second-quarter 2019 financials were not much different than those of most of its Class I peers: Record operating income, operating ratio, net income and earnings per share, despite a substantial volume decrease.
Norfolk Southern (NS) noted that during the first week of July it was able to roll out the railroad’s new TOP21 Precision Scheduled Railroading (PSR) operating plan “in a seamless changeover with minimal impact to customer service and network operations.”
Norfolk Southern (NS) recently announced that it is preparing to unveil TOP21, its Precision Scheduled Railroading (PSR) operating plan.
Norfolk Southern (NS) recently awarded 58 chemical customers its 2018 Thoroughbred Chemical Safety Award, a long-standing initiative to promote safe rail-shipping practices in communities the railroad serves.
THE FINANCIAL EDGE, MAY 2019 – In a recent TED talk, Twitter CEO Jack Dorsey suggested that, in an attempt to combat abusive speech and harassment, Twitter would consider moving from threads written by individuals to topic threads. Dorsey suggested these interest networks would be easier to monitor for Twitter code of conduct breeches.
Norfolk Southern (NS) continued its upward trend and posted record railway operating revenues, operating income, operating ratio, net income and earnings per share in first-quarter 2019.
Norfolk Southern is restructuring its Engineering Department as chief Phil Merilli retires, promoting two company veterans.
The just-abandoned GoTriangle light rail project in North Carolina, while never a slam-dunk, was until recently an interesting game. Now, after a few critical blocked shots and maybe even several offensive fouls, it appears to be a forfeit.