July 2015 – Page 3 – Railfanning.org

NS Earnings: Net Income Down 23 Percent

July 27, 2015 Todd DeFeo

Norfolk Southern Corp. today reported net income for the quarter was 23 percent lower than a year ago. Net income for the quarter was $433 million compared to a record $562 million for the second quarter of 2014. Diluted earnings per share were $1.41, down from $1.79 per diluted share in the second quarter a year ago. “While we face short-term pressure, particularly as we clear fuel surcharge revenue and coal headwinds, Norfolk Southern is well positioned to continue improving service, which will reduce costs and add value to our customers,” CEO James A. Squires said in a news release. “Growth within the

Southern Museum Hosting Third Annual Railroad Rendezvous

July 9, 2015 Todd DeFeo

The Southern Museum of Civil War & Locomotive History will host its third annual Railroad Rendezvous later this month.

CSX Wraps Up 17th Annual Maintenance Jamboree

July 9, 2015 Railfanning.org News Wire

CSX has completed its 17th annual Maintenance Jamboree. As part of the track safety and maintenance blitz, crews completes months of rail, tie, signal and bridge work on key rail corridors in a single week.