Norfolk Southern reports record-setting 2013 fourth-quarter and full-year results

January 22, 2014 Railfanning.org News Wire 0

NORFOLK, Va., Jan. 22, 2014 /PRNewswire/ –Norfolk Southern (NYSE: NSC) reported record fourth-quarter 2013 net income of $513 million, or $1.64 per diluted share, 24 percent higher compared with $413 million, or $1.30 per diluted share, earned in the fourth quarter of 2012. The railway operating ratio, or operating expenses as a percentage of revenue, improved 5 percent to 69.4 percent. Fourth-quarter 2013 records Railway operating revenues totaled $2.9 billion, up 7 percent. Income from railway operations was $881 million, 23 percent higher. Net income totaled $513 million, up 24 percent. Diluted earnings per share of $1.64 improved 26 percent.

CSX Customers Invest More Than $3 Billion in 2013

January 11, 2014 PRNewswire 0

In 2013, CSX and its customers worked together to develop 121 new or expanded facilities on the CSX rail network or its connecting short line partners. These facilities represent $3 billion in customer investments and more than 1,600 new job opportunities at those facilities.

Amtrak Adding More Seats to Auto Train

January 1, 2014 Railfanning.org News Wire 0

Amtrak says it is adding more seats to the Auto Train on trips between Jan. 1 and March 31. According to Amtrak, up to 60 additional coach seats will be available for travel on variety of dates on Train 53 to Florida (Jan. 1-9; Jan. 16; Jan. 29-Feb. 1; Feb 14-15; and Feb. 28) and Train 52 from Florida (Jan. 2-4; Feb. 22; Feb. 28; March 1; March 15; and March 29-31). The Auto Train offers both coach and sleeper accommodations. “The Auto Train is the easiest and most enjoyable way to travel between the northeast and Florida while your

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