NORFOLK, Va. — Norfolk Southern Corp. announced the regular quarterly dividend of 40 cents per share on its common stock, payable on June 10, to stockholders of record on May 6.
WILMINGTON, Del. – Amtrak is installing a heavy steel, 8-foot high, high security fence along a portion of its high-speed tracks in Middle River, Maryland to deter access to the railroad.
ROANOKE, Va. — Norfolk Southern’s Roanoke Locomotive Shops achieved 1 million injury-free employee-hours in March. The facility near downtown Roanoke, which employs about 200 people in the heavy maintenance and overhaul of the railroad’s locomotive fleet, reached the milestone March 12 after 3-1/2 years without an injury.
MONTREAL — CN has issued its third sustainability report, Delivering Responsibly. This report highlights CN’s strategy, programs and achievements in the areas of governance practices, safety initiatives, human resources management, community involvement and environmental sustainability.
CHICAGO — CN has reached an agreement with the City of Joliet, Ill. — the largest of the communities along the arc of the Elgin, Joliet and Eastern Railway Company (EJ&E) with which CN has a voluntary mitigation agreement (VMA) — to fund construction of a grade-crossing bypass that will improve vehicular traffic flows and enhance rail safety in the city’s Forest Park area.
CHICAGO — CN has reached a voluntary mitigation agreement (VMA) with the Village of Wayne, Ill., located approximately 33 miles northwest of downtown Chicago, regarding its acquisition of the Elgin, Jolietand Eastern Railway Company (EJ&E).
KANSAS CITY — Kansas City Southern (KCS) reported first quarter 2011 revenues of $489 million, a 12 percent increase compared to the corresponding 2010 period. Overall, carload volumes were 7 percent higher than in first quarter 2010.
CALGARY — Canadian Pacific Railway announced its first-quarter 2011 results, reporting net income in the first-quarter was $33.7 million and diluted earnings per share were $0.20.