2011 – Page 9 – Railfanning.org

Norfolk Southern Recognizes 49 Customers for Chemical Safety in 2010

May 11, 2011 Railfanning.org News Wire

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.

Norfolk Southern Expands Its Storm Recovery Support to Include Virginia

May 11, 2011 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern said it is increasing its support of relief efforts in states hard hit by recent severe storms.

Amtrak Awarded $450 Million to Upgrade New York-Washington High-Speed Rail Service

May 10, 2011 Railfanning.org News Wire

WASHINGTON – The U.S. Department of Transportation awarded Amtrak $450 million in funding to upgrade its rail infrastructure to support more frequent and faster high-speed rail service, and to improve reliability of current service between New York and Washington.

CN Makes Investments to Increase Capacity

May 10, 2011 Railfanning.org News Wire

EDMONTON — CN announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification facility in Edmonton.

BNSF Foundation Sends Donations to Assist Tornado Victims in the American South

May 6, 2011 Railfanning.org News Wire

FORT WORTH, Texas — The BNSF Foundation (BNSF) announced it has donated $100,000 to the American Red Cross for on-going relief efforts for the tens of thousands of people affected by the tornadoes that struck several Southern states on April 27.

CN Secures New Four-Year $800-million Credit Facility

May 6, 2011 Railfanning.org News Wire

MONTREAL — CN has refinanced its revolving credit facility with a new four-year $800-million facility co-led by The Bank of Nova Scotia, J.P. Morgan Securities LLC, and BMO Capital Markets.

Union Pacific Announces Dividend Increase and Additional Growth Capital

May 5, 2011 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Corp. announced that its Board of Directors voted to increase the quarterly dividend on the company’s common shares by 25 percent to 47.5 cents per share.

Amtrak Celebrates 40 Years of Serving America

May 4, 2011 Railfanning.org News Wire

WASHINGTON – Forty years ago, on May 1, 1971, Amtrak operated its first intercity passenger train.

Spatafore Named Rail Industry’s Top Environmentalist

May 4, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Transportation commended Richard J. Spatafore, division engineer,Jacksonville, for receiving the 2010 Association of American Railroads’ John H. Chafee Environmental Excellence Award.

CSX Announces Stock Split, Dividend Increase, Share Buyback

May 4, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced that its Board of Directors has approved a 3-for-1 stock split, a 38 percent increase in the quarterly dividend on its common stock, and a $2 billion share buyback program.