Operational improvements propel Norfolk Southern’s second-quarter results

ATLANTA – Operational improvements helped Norfolk Southern win back service-sensitive intermodal and automotive traffic while driving down costs and boosting the railroad’s profitability in the second quarter. “While our work continues, our second-quarter results represent an encouraging inflection point in our operating performance,” CEO Alan Shaw said on the railroad’s earnings call on Thursday afternoon. […]

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Norfolk Southern leads railroads in growth during second quarter

Class I railroads’ volume trends in the second quarter varied considerably, with Norfolk Southern traffic up 5.1% and Canadian Pacific Kansas City down 4.2%, according to the railroads’ Association of American Railroads carload reports. Norfolk Southern’s volume was boosted by 8.2% year-over-year growth in intermodal traffic. Its carload volume, less coal, was up 1.7%. Coal […]

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Newest Norfolk Southern paint scheme salutes its railroaders

ALTOONA, Pa. — Norfolk Southern introduced a new specially painted locomotive saluting its railroaders at an NS Family Day event at the Railroaders Memorial Museum in Altoona on Saturday, June 8. NS CEO Alan Shaw was on hand and spoke, and the railroad’s Southern and Virginian heritage units were also on display. The front of […]

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Norfolk Southern’s Loeb discusses railroad’s growth strategy at ‘Future of Supply Chain’ event (updated)

ATLANTA — After the turmoil of Norfolk Southern’s proxy fight against an activist investor last month, the railroad’s Stefan Loeb says the shareholders’ vote showed confidence in management’s strategy. While board chair Amy Miles lost her position, Norfolk Southern’s management mainly prevailed in the vote to retain control of the Class 1 railroad, with Ancora […]

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Norfolk Southern short line project leads to carload volume growth

ATLANTA — Norfolk Southern and 40 of its shortline connections have produced outsized growth in carload traffic this year through a program that aims to improve interchange consistency and reliability. The Short Line Performance Project, which began as a pilot with a handful of railroads last July, has seen interchange volume grow 9% since March […]

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