NS Archives - Railway Age

February 02, 2023
Class I

Report: Chicago City Council Approves NS Englewood Rail Yard Expansion

The Chicago City Council on Feb. 1 approved Norfolk Southern’s (NS) 15-year effort to double the size of its storage yard in Englewood, according to a WTTW News report.

From Left to Right: PST President and CEO Rushi Patel; MARS Past President Carrie Evans and new MARS President Kathy Bathurst; and Metro Transit Police Chief Ernest Morales III.

January 27, 2023
News

People News: PST, MARS, SEPTA, Met Council/Metro Transit

PS Technology (PST) appoints Rushi Patel President and CEO. Also, the Midwest Association of Rail Shippers (MARS) welcomes new officers and executive director; the Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Ronald Keele new Chief Safety Officer; and Minnesota’s Metropolitan Council (Met Council) selects Ernest Morales III as Chief of the Metro Transit Police Department.

January 27, 2023
Class I

For NS, $3.2B in 2022 Economic Development

Norfolk Southern (NS) customers invested $3.2 billion in industrial development projects along its network in 2022.

January 25, 2023
Regulatory

STB Denies Request to ‘Stay’ Requirement That Class I’s Commit to Arbitration Program (Updated)

CSX, Norfolk Southern (NS), Union Pacific (UP) and the U.S. operating subsidiaries of CN on Dec. 29, 2022 requested that the Surface Transportation Board (STB) stay its requirement that the Class I railroads commit to a new arbitration program for small rate disputes. STB on Jan. 23, 2023 denied the request.

“Our team delivered double-digit percentage growth in revenue, as well as earnings per share and achieved record revenue and operating income for the year," NS President and CEO Alan H. Shaw said.

January 25, 2023
Class I

NS 4Q: ‘Double-Digit Percentage Growth’ (UPDATED, Cowen)

For Norfolk Southern (NS), fourth-quarter 2022 railway operating revenue was $3.2 billion, up 13%, or $385 million, compared with fourth-quarter 2021, a “fourth-quarter record” driven by a 15% increase in revenue per unit, the Class I reported Jan. 25.

NS on Jan. 17 honored 15 customer and supplier recipients of its inaugural Thoroughbred Sustainability Partner Awards, which honor corporate programs in three categories: achieving “significant energy efficiency savings”; implementing “innovations that have significantly contributed to a more sustainable future”; and working to “promote stewardship of the environment.” (Photograph Courtesy of NS)

January 23, 2023
Class I

Class I Briefs: BNSF, CP, NS

Following weather-related service challenges at the end of December, BNSF reports that overall car velocity for the week ending Jan. 17 is up more than 8% vs. last month. Also, Canadian Pacific

January 23, 2023
Class I

Virginia CTB Approves New Rail Spur at Hershey Chocolate Facility

The Virginia Department of Rail and Public Transportation (DRPT) announced Jan. 18 that the Commonwealth Transportation Board (CTB) has approved a $450,000 grant through the agency’s Rail Industrial Program to Hershey Chocolate of Virginia Inc. for construction of a new 4,750-foot rail spur to be served by Norfolk Southern (NS) at the snack company’s Augusta County facility.

Commentary

January 20, 2023
Class I

Crew Call: Luther Yard

Meet some of Norfolk Southern’s crew from Luther Yard in St. Louis, Mo.

January 18, 2023
News

Railway Age’s 2023 ‘Fast Trackers’ 25 Under 40 Honorees

Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.

The team at CSX Memphis Intermodal Terminal (pictured) recently achieved 14 years without an Occupational Safety and Health Administration-recordable injury.

January 11, 2023
Class I

Class I Briefs: CSX, UP, NS

The CSX Memphis Intermodal team marks a safety milestone. Also, Union Pacific (UP), CSX and Norfolk Southern (NS) have been included in JUST Capital’s “America’s Most JUST Companies” list for 2023.