Norfolk Southern Hires Ex-Safety Board Leader for Legal Role
Former Chemical Safety Board Chair Vanessa Sutherland has started a new position as a vice president at Norfolk Southern Corp., the company said.
Norfolk Southern Posts 27% Rise in Income for First Quarter
Railroad Norfolk Southern Corp. reported first-quarter net income of $552 million, up 27% from $433 million in the first quarter a year ago.
April 25, 2018Strong 4Q Helps Norfolk Southern Finish Year With a Flourish
Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.
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 ties.
Norfolk Southern Refused to Hire or Keep People With Medical Problems, Federal Agency Says in Lawsuit
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 government claims in a federal lawsuit filed Sept. 27 in Pittsburgh
Norfolk Southern Profits Surge 23%, Completing Red-Hot Second-Quarter Rail Results
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.
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.
Norfolk Southern to Develop Second Pittsburgh Route for Double-Stack Freight Cars
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 double-stack freight cars through the region.
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 with the Securities and Exchange Commission.
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 analysts.
January 25, 2017