Norfolk Southern – Page 25

$87M Rail Investment Coming to Upstate New York, New England

March 11, 2009 Railfanning.org News Wire

NORFOLK, Va. — The STB’s approval of Pan Am Railways’ (PAR) and Norfolk Southern’s proposed Pan Am Southern joint venture clears the way for more than $87 million in rail infrastructure investment designed to significantly enhance the service capabilities and commercial offerings that NS and PAR provide in upstate New York and New England, the railroads said. “Pan Am Southern will bring immediate benefits to shippers doing business in upstate New York and New England,” said David Fink, Pan Am Railways’ president. “The Patriot Corridor will revitalize freight rail in the region, reducing highway congestion and improving air quality.” “Both

STB: Pan Am Southern Ownership OK

March 10, 2009 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board approved the joint control and ownership of Pan Am Southern LLC, a new railroad carrier, by the Norfolk Southern Railway, Pan Am Railways Inc. (PARI), and two of PARI’s rail subsidiaries, the Boston and Maine Corp. and the Springfield Terminal Railway Co. The ownership is subject to Board-imposed conditions. In reaching its decision, the Board found that the control transaction, along with its related operational agreements, should produce substantial transportation benefits to the New England region of the United States. PAS will operate approximately 437 miles of track, including an east-west section called the

Norfolk Southern Mechanical Employees Set Safety Record

March 4, 2009 Railfanning.org News Wire

NORFOLK, Va. — Employees in Norfolk Southern’s mechanical department turned in a history-making safety performance in 2008. The employees completed the year with a reportable injury ratio of 0.53, the lowest ever achieved by any operating department at Norfolk Southern. The ratio represents the number of reportable injuries for every 200,000 man-hours worked, the industry standard for measuring safety performance. NS has 5,800 mechanical department employees responsible for maintaining the railroad’s 3,976 locomotives and 94,660 freight cars. In 2008, they worked a total 11.9 million man-hours. Tim Heilig, vice president mechanical, Atlanta, leads the department. The mechanical and other NS

Norfolk Southern 2008 Annual Report Online; Video Stories Highlight Record-Setting Year

February 20, 2009 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. has posted its 2008 Annual Report online, highlighting a record-setting year in video stories featuring company employees. The report, titled Voices, outlines the company’s 2008 success in receiving the top industry award for workplace safety for the 19th consecutive year and setting records for railway operating revenues, income from railway operations, net income, diluted earnings per share, and operating ratio. In his letter to stockholders, CEO Wick Moorman said 2008 was a successful year for Norfolk Southern in spite of “extraordinary turbulence in our nation’s and the world’s economy.” Moorman said that while the

CN and Norfolk Southern Announce MidAmerica Corridor Initiative to Speed Freight Between Midwest and Southeast

February 10, 2009 Railfanning.org News Wire

NORFOLK, Va. — CN and Norfolk Southern announced an initiative to create a “MidAmerica Corridor” in which the railroads will share track between Chicago, St. Louis, Kentucky and Mississippi to establish shorter and faster routes for merchandise and coal traffic moving between the Midwest and Southeast. This initiative, when finalized through definitive agreements, will have three components. First, Norfolk Southern (NS) will haul CN freight between Chicago and St. Louis, reducing the distance between these points for CN shipments by 60 miles and providing improved connections to other rail carriers through the St. Louis gateway. Second, NS will use CN’s

Norfolk Southern To Host Investor Day

January 29, 2009 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. will host an investor day on Wednesday, June 3, 2009, in Atlanta for active, sell-side analysts and the company’s largest shareholders of record. The day-long meeting will provide Norfolk Southern an opportunity to present a comprehensive overview of marketing strategies and business growth opportunities, operating efficiency initiatives, service delivery enhancements, and development initiatives. Event details (including simultaneous webcast details for interested investors) and registration information will be provided at a later date. Meeting registration is open to active, sell-side analysts as well as NS’ largest shareholders of record. Norfolk Southern’s intent is to accommodate

Norfolk Southern Names Wheeler Vice President Transportation

January 29, 2009 Railfanning.org News Wire

NORFOLK, Va. — Michael J. Wheeler has been named vice president transportation for Norfolk Southern Corporation, effective Feb. 1, with headquarters in Norfolk. He will report to Mark D. Manion, executive vice president operations. Wheeler joined Norfolk Southern in 1985 as a research engineer. He served in positions of increasing responsibility in operations before being named general manager mechanical field operations in 2006 and general manager transportation in 2007. Wheeler holds an undergraduate degree from the University of Tennessee and an MBA from Virginia Tech. — PRNewswire-FirstCall

Crescent Trains Temporarily Canceled Between Atlanta and New Orleans

January 20, 2009 Railfanning.org News Wire

ATLANTA — Due to track work by Norfolk Southern Railway, Amtrak’s Crescent Trains (Nos. 19 and 20) will not operate between Atlanta and New Orleans, La., on a number of dates. Alternate transportation will not be provided. The service will be affected Jan. 26-29, Feb. 2-5, Feb. 9-12 and Feb. 19. Southbound Train 19, which normally operates between New York and New Orleans, will originate in New York and will terminate in Atlanta on the dates shown above. This change affects Train 19 that originates in New York Sunday through Wednesday (Jan. 25-Feb. 18) and arrives in Atlanta the following

AAR: Rail Freight Traffic Down During Holiday Week

December 31, 2008 Railfanning.org News Wire

WASHINGTON — Freight traffic on U.S. railroads was down during the holiday week ended December 27 in comparison with the corresponding holiday week last year the Association of American Railroads (AAR) reported today. Total volume was estimated at 21.4 billion ton-miles, down 20.1 percent from the same week last year. Intermodal volume totaled 124,061 trailers or containers, down 21.8 percent from last year, with container volume down 21.5 percent and trailer volume down 23.2 percent. Carload freight, which doesn’t include the intermodal data, totaled 200,365 cars for the week, down 21.7 percent from last year. Loadings were down 26.5 percent

Norfolk Southern Offers $1 Million Challenge Grant to Assist Virginia Museum of Transportation

December 19, 2008 Railfanning.org News Wire

ROANOKE, Va. — Norfolk Southern Corp. has offered a challenge grant of $1 million to the Virginia Museum of Transportation (VMT) for capital and operating expenses over a three-year period to help the museum implement certain recommendations from Museum Management Consultants. The challenge grant is contingent on equal commitments of support by both the governments of the Roanoke Region and by other private donors to meet the estimated $3 million required for the museum’s long-term needs. Norfolk Southern also will assist museum staff in drawing up a three-year business plan and establishing measurable objectives to restore the museum’s vitality. In