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US Army Takes Aim at Canadian Pacific, Norfolk Southern Railroad Merger Plan
The U.S. Army said a Canadian Pacific Railway takeover of Norfolk Southern Corp. has the potential to harm national defense, adding opposition to the possible merger plan.MattysFlicks/Flickr
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Canadian Pacific Calls Off Norfolk Southern Merger Bid
Canadian Pacific Railway terminated a plan to combine with Norfolk Southern Corp., ending the Canadian carrier’s efforts to complete the first merger among major railroads since 1999.TT File Photo
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Norfolk Southern Earnings Rise 25%, Helped by Cost Cuts
Norfolk Southern Corp. reported the best year-over-year improvement in first-quarter rail industry earnings, boosting net income 25% to $387 million, or $1.29 per share, helped by expense reductions...
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Norfolk Southern, Canadian National Earnings Slip in Second Quarter
Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National...
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Former Norfolk Southern CEO Named President of Amtrak
Amtrak appointed Charles “Wick” Moorman, former CEO of Norfolk Southern Corp., as its new president, effective Sept. 1, to succeed the retiring Joe Boardman.Ken Cedeno/Bloomberg News
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Norfolk-Southern Hopes to Expand Pennsylvania Rail Yard
A local freight transfer company plans to expand its operations at the Norfolk-Southern railroad yard in Taylor, Pennsylvania, creating at least 20 jobs, officials said Oct. 11.Rob Swatski/Flickr
View ArticlePrinceton Consultants Acquires TMS Software From Norfolk Southern
Princeton Consultants, an information technology and management consulting firm, has acquired the transportation management software business from TransWorks, a unit of rail operator Norfolk Southern...
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Norfolk Southern Sole US Railroad to Report Higher Third-Quarter Earnings
Norfolk Southern Corp. became the only U.S. railroad to report higher third quarter earnings, improving net income 2% to $460 million, or $1.55 per share, as cost reductions of 10% outpaced a decline...
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Norfolk Southern Profits Jump 15% in Fourth Quarter, Beating Analyst Forecasts
Norfolk Southern posted stronger earnings in the fourth quarter with a 15% increase in profits compared with the same period in 2015, beating the already favorable forecasts from industry...
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CEO Pay at Norfolk Southern Rises to $8.42 Million
James Squires, chairman, president and CEO of Norfolk Southern, saw the value of his 2016 pay package rise about 5.4%, to $8.42 million from $7.98 million a year earlier, according to documents filed...
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Norfolk Southern to Develop Second Pittsburgh Route for Double-Stack Freight...
Last June, a landslide from the Mount Washington hillside in Pittsburgh pretty much closed the Norfolk Southern railroad tracks near Station Square for 11 days, crippling the company’s ability to move...
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Norfolk Southern Profits Up 12%, Beat Analyst Estimates
Norfolk Southern Corp. announced that profits increased 12% in the first quarter as a result of strong rebounds in coal and intermodal business compared with early 2016.Emmett Tullos/Flickr
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Norfolk Southern Profits Surge 23%, Completing Red-Hot Second-Quarter Rail...
Norfolk Southern Corp. completed a red-hot second quarter for rail freight carriers, posting a 23% increase in profits and a 15% increase in operating income reversing a lackluster year in 2016.The...
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Norfolk Southern Refused to Hire or Keep People With Medical Problems,...
Norfolk Southern Corp. systematically refused to hire or retain people with a wide range of real or perceived medical problems including cancer, diabetes, arthritis and heart problems, the federal...
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Norfolk Southern Sues Over Millions of Rail Ties It Calls Defective
ATLANTA — Norfolk Southern Railway has filed a federal lawsuit against an Alabama company, claiming the company failed to use proper protective coating on more than 4.7 million wooden railroad...
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Norfolk Southern, Canadian National Earnings Slip in Second Quarter
Weaker energy-related freight shipments led two more North American railroads to report lower second-quarter earnings, including a decline of 6% at Norfolk Southern Corp. and 3% at Canadian National...
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Former Norfolk Southern CEO Named President of Amtrak
Amtrak appointed Charles “Wick” Moorman, former CEO of Norfolk Southern Corp., as its new president, effective Sept. 1, to succeed the retiring Joe Boardman.Ken Cedeno/Bloomberg News
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Norfolk-Southern Hopes to Expand Pennsylvania Rail Yard
A local freight transfer company plans to expand its operations at the Norfolk-Southern railroad yard in Taylor, Pennsylvania, creating at least 20 jobs, officials said Oct. 11.Rob Swatski/Flickr
View ArticlePrinceton Consultants Acquires TMS Software From Norfolk Southern
Princeton Consultants, an information technology and management consulting firm, has acquired the transportation management software business from TransWorks, a unit of rail operator Norfolk Southern...
View ArticleClik here to view.
Norfolk Southern Sole US Railroad to Report Higher Third-Quarter Earnings
Norfolk Southern Corp. became the only U.S. railroad to report higher third quarter earnings, improving net income 2% to $460 million, or $1.55 per share, as cost reductions of 10% outpaced a decline...
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