Norfolk Southern – Page 9 – Railfanning.org

Norfolk Southern CFO Retiring, Searching for Successor

May 11, 2017 Railfanning.org News Wire

Marta R. Stewart, executive vice president and chief financial officer of Norfolk Southern Corp. is retiring effective Aug. 1, 2017.

Norfolk Southern: New Crew Management System to Boost Efficiency

May 10, 2017 Railfanning.org News Wire

A new train crew management and payroll system currently under development should boost operating efficiency, lower costs and increase productivity, Norfolk Southern says.

Conrail Names Timothy Tierney President and COO

April 19, 2017 Railfanning.org News Wire

The Conrail board of directors recently named Timothy Tierney president and chief operating officer. Tierney succeeds Ronald Batory, who is retiring after nearly 46 years in the railroad industry.

Norfolk Southern Helped 71 Industries Relocate or Expand in 2016

January 27, 2017 Railfanning.org News Wire

Norfolk Southern said it helped 71 industries in locating or expanding their businesses along its rail lines in 2016.

Rail Volume Down 5 Percent in 2016, AAR Says

January 10, 2017 Railfanning.org News Wire

Total rail traffic volume in the United States in 2016 was 26,587,351 carloads and intermodal units, down 5 percent or 1,389,323 carloads and intermodal units from the same point last year.

More Than 1,900 First Responders Participate in 2016 Norfolk Southern Safety Train

November 29, 2016 Railfanning.org News Wire

More than 1,926 first responders in 18 cities in 13 states across Norfolk Southern’s network trained with the Norfolk Southern Safety Train, the railroad said.

FRA: Railroads Make Uneven Progress on PTC Implementation

November 28, 2016 Railfanning.org News Wire

Commuter and freight railroads have made uneven progress in implementing Positive Train Control (PTC), the Federal Railroad Administration said today.

Norfolk Southern Touts Improvements Along D&H Line

September 19, 2016 Railfanning.org News Wire

It’s been one year since Norfolk Southern Corp. bought theDelaware & Hudson Railway Co.’s (D&H) line between Sunbury, Pa., and Schenectady, N.Y.

Genesee & Wyoming Buying Providence and Worcester Railroad

August 15, 2016 Railfanning.org News Wire

Genesee & Wyoming Inc. is buying Providence and Worcester Railroad Co. for approximately $126 million (or $25 per share).

Norfolk Southern Reports $405 Million Second Quarter Net Income

July 27, 2016 Railfanning.org News Wire

Norfolk Southern Corp.’s net income for the second quarter of 2016 was $405 million, compared with $433 million during the same period of 2015, the company announced today. Diluted earnings per share were $1.36, 4 percent lower compared with $1.41 per diluted share earned in the second quarter last year. “Our second-quarter results reflect our unwavering focus on cost-control, steadfast commitment to customer service, and significant improvements in network performance,” Chairman, President and CEO James A. Squires said in a news release. “We are on track to achieve productivity savings of at least $200 million for 2016, and our record first half operating ratio of 69.4 percent gives us confidence we’ll