NORFOLK, Va. — Norfolk Southern reported record financial results on Thursday, including the railroad’s highest-ever quarterly operating income and revenue. “We once again delivered strong financial results,” CEO Jim Squires told investors and analysts on the railroad’s earnings call. Quarterly operating income, adjusted for one-time items, rose 27 percent to a record $1 billion as […]
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NORFOLK, Va. — Norfolk Southern’s fourth-quarter operational improvements enabled it to store more than 300 locomotives and return 100 leased units even as the railroad hauled record volumes and gross ton-miles. NS continued to become more fluid this month, as average train speed was up 15 percent and terminal dwell was down 11 percent compared […]
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Norfolk Southern’s classic ABBA cab units pass through Harrisburg, Pa., in August 2012. Trains: Jim Wrinn ALTOONA, Pa. — Norfolk Southern’s fabulous four — the F-units that were rebuilt for executive train service in 2007 — are being renumbered. NS will drop the first digit from each unit’s road number to make way for General […]
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NORFOLK, Va. — Norfolk Southern’s new operating plan is gaining traction. The railroad is moving faster than it has in nearly two years as average train speeds have climbed 28 percent during the past eight weeks. Last week’s 22.8-mph average train speed was the highest NS has posted since the spring of 2017 and was […]
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Bartow, Ga. Google Maps BARTOW, Ga. — Residents in a southern Georgia town are returning to their homes this morning now that officials say they’re not at risk from a derailed freight train with chlorine-filled tank cars. Norfolk Southern confirms that a train derailed shortly after 8 p.m. Sunday near Bartow, about 150 miles southeast […]
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A Union Pacific train threads its way through construction at Vale, in River Forest, Ill., where the railroad is building a 1.8-mile section of third track. David Lassen MARCO ISLAND, Fla. – One of the annual limitations of the early January date for the the National Railroad Construction and Maintenance Association Conference is that most […]
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NORFOLK, Va. — Norfolk Southern will drop intermodal service in more than two dozen lanes in February, March, and April as the railroad looks to simplify its fast-growing intermodal network. “In an effort to improve service on the overall Norfolk Southern intermodal network, we are making targeted changes to our service offerings,” the railroad said […]
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NORFOLK, Va. — Norfolk Southern will pay Virginia and the city of Norfolk about $2.4 million as a result of its announced plan to move its headquarters to Atlanta. The Virginian-Pilot reports the funds represent a repayment of incentives the company received as part of a 2016 agreement to keep its headquarters in Norfolk until […]
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SPENCER, N.C. — A 65-year-old North Carolina man was killed in a Norfolk Southern rail yard on Dec. 15 after a load of pressed particle board fell on top of him. The victim was identified as Kenneth Martin Eder of Carthage who was working in the Spencer rail yard as a contractor, WBTV News reports. […]
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ATLANTA — It’s official: Norfolk Southern is moving its headquarters to Atlanta. “Alignment, collaboration, and accountability are the hallmarks of Norfolk Southern’s plan to transform this company and its culture. Our new headquarters in Atlanta advances these key elements of success,” CEO Jim Squires told employees in announcing the move, according to a company press […]
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Chesapeake & Delaware via the Surface Transportation Board Middletown & New Jersey Railroad via the Surface Transportation Board WASHINGTON — Norfolk Southern is spinning off branch lines in New Jersey and New York, along with related trackage rights on commuter railroads, to short line operators. Dover & Delaware River Railroad will lease 27.2 miles of […]
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Amtrak service returned to Roanoke in October 2017. A study on extending service to the southwest, into the New River Valley, is on hold. Bob Johnston CHRISTIANSBURG, Va. — A study to determine what is needed to bring Amtrak service to Christiansburg and the New River Valley has been placed on hold because Norfolk Southern […]
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