Railfanning.org News Wire

Norfolk Southern Increases Dividend

July 26, 2011 Railfanning.org News Wire

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.

Robert A. Bradway Elected to Norfolk Southern Board

July 26, 2011 Railfanning.org News Wire

NORFOLK, Va. — Robert A. Bradway has been elected a director of Norfolk Southern Corp., Chairman and CEO Wick Moorman announced.

CN Declares Q3 2011 Dividend

July 25, 2011 Railfanning.org News Wire

MONTREAL — CN announced that its Board of Directors has approved a third-quarter 2011 dividend on the Company’s common shares outstanding.

CN Reports Q2 2011 Net Income

July 25, 2011 Railfanning.org News Wire

MONTREAL — CN reported its financial and operating results for the second quarter and first half ended June 30.

Norfolk Southern Named One of “40 Best Companies for Diversity” by BLACK ENTERPRISE Magazine

July 22, 2011 Railfanning.org News Wire

NORFOLK, Va. — Black Enterprise magazine announced that Norfolk Southern has been named to its 2011 list of the 40 Best Companies for Diversity.

Union Pacific Reports Record Second Quarter

July 21, 2011 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Corp. reported 2011 second quarter net income of $785 million, or $1.59 per diluted share, compared to $711 million, or $1.40 per diluted share, in the second quarter 2010.

Norfolk Southern Completes $16 Million of Track Work in Eight Days in Pennsylvania

July 20, 2011 Railfanning.org News Wire

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.

CSX Announces Record Second Quarter Results

July 19, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced second quarter net earnings of $506 million, or $0.46 per share, versus $414 million, or $0.36 per share, in the same period last year. This represents a 28 percent year-over-year improvement in earnings per share.

CN Invests in Extended Sidings in Northern Ontario

July 19, 2011 Railfanning.org News Wire

TORONTO — CN announced plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are planned for this main line in 2012.

LaHood Announces $72.8 Million for Massachusetts to Cut Travel Time by Nearly 30 Minutes on Amtrak’s Growing Vermonter Line

July 13, 2011 Railfanning.org News Wire

WASHINGTON – U.S. Transportation Secretary Ray LaHood said travel time on Amtrak’s Vermonter line will be cut by nearly 30 minutes through a $72.8 million grant to the Massachusetts Department of Transportation.