John Scheib has stepped down as Executive Vice President and Chief Strategy Officer of Norfolk Southern (NS), effective June 1. In conjunction with this change, the railroad also announced several “organizational enhancements.” Functions within the Service Optimization and Customer Engagement Division, which include Strategic Planning, Network Planning and Optimization, and Customer Operations, will be integrated into the Finance, Operations, and Marketing divisions, respectively.
Norfolk Southern Corporation (NS) announced organizational changes within its Finance Division, effective June 1, 2020. Jason Zampi will become Vice President of Financial Planning and Analysis, a new department. Clyde “Jake” Allison, Jr. will become Vice President and Controller, with responsibility for all accounting functions. Chris Neikirk will become Vice President of Treasury and Investor Relations. The three will report to NS Chief Financial Officer Mark George.
Norfolk Southern is idling its hump yard at Linwood Terminal due to the COVID-19 pandemic.
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 (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.
As railways push ahead with digitalization, more and more are engaging and implementing solutions from a new form of supplier: the tech start-up. This is changing the railway-supplier relationship and altering the industry’s wider approach to innovation, as IRJ’s Kevin Smith discovers.