Norfolk Southern Reports Second-Quarter 2011 Results
NORFOLK, Va. — Norfolk Southern Corp. reported record second-quarter net income of $557 million, 42 percent higher compared with $392 million during the same quarter of 2010.
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Norfolk Southern Headlines Norfolk Southern Reports Second-Quarter 2011 Results NORFOLK, Va. — Norfolk Southern Corp. reported record second-quarter net income of $557 million, 42 percent higher compared with $392 million during the same quarter of 2010. Norfolk Southern Increases Dividend NORFOLK, Va. — Norfolk Southern Corp. announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 7.5 percent, or 3 cents per share, from 40 to 43 centsper share. Norfolk Southern Named One of “40 Best Companies for Diversity” by BLACK ENTERPRISE Magazine NORFOLK, Va. — Black Enterprise magazine announced that Norfolk Southern has been named to its 2011 list of the 40 Best Companies for Diversity. Norfolk Southern Completes $16 Million of Track Work in Eight Days in Pennsylvania NORFOLK, Va. — During eight days earlier this month, Norfolk Southern completed $16.2 million in track, bridge, and signal improvements in southwestern Pennsylvania’s Monongahela Valley. DOT Provides $126 Million to Ease Train Congestion in Chicago Rail Corridor WASHINGTON – U.S. Transportation Secretary Ray LaHood announced the Illinois Department of Transportation can now start spending $126 million for Chicago’s Englewood Flyover project that was awarded last year. MCCALLA, Ala. — Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentleyjoined state and local officials and business leaders to officially break ground on the new Birmingham Regional Intermodal Facility here. Norfolk Southern: We’re Helping Zombies Stay Safe at Rail Crossings MEMPHIS, Tenn. — “Brainy,” Norfolk Southern’s giant pink ambulating public safety ambassador, will join more than 1,000 zombies in the fifth annual Zombie Walk here on May 27. Economic Recovery Will Continue, Norfolk Southern CEO Tells Stockholders NORFOLK, Va. — “The economic recovery is well under way, and barring some unanticipated event, it will continue well on into 2012,” said Wick Moorman, chief executive officer of Norfolk Southern Corporation, during the company’s 29th annual stockholders meeting, held today in Williamsburg. Norfolk Southern Recognizes 49 Customers for Chemical Safety in 2010 NORFOLK, Va. — Norfolk Southern Corp. announced that 49 customers have earned the company’s Thoroughbred Chemical Safety Award for 2010 for their safe handling of hazardous chemical products. |
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