Norfolk Southern

NORFOLK, Va. — For the second quarter of 2013, Norfolk Southern reported net income of $465 million, 11 percent lower than $524 million for second-quarter 2012. Diluted earnings per share were $1.46, down 9 percent compared with $1.60 per diluted share in the same period last year. “In the second quarter, Norfolk Southern delivered solid results, supported by growth in our chemicals, intermodal, and automotive businesses, despite continuing weakness in the coal markets,” said CEO Wick Moorman. “We continue to focus on service efficiency and velocity, which is enabling us to control operating expenses and deliver superior performance to our

NORFOLK, Va, — Norfolk Southern has completed a major upgrade to its Lamberts Point export coal transload facility in Norfolk, positioning it to remain the largest and fastest coal transload facility in the Northern Hemisphere. More commonly known simply as Pier 6, the facility transfers coal hauled by train from Appalachian coal fields to ships bound for world markets. “This investment reflects our belief in the long-term prospects for the global coal market and Norfolk Southern’s continuing pivotal role in that market,” said Danny Smith, NS senior vice president-energy and property. “This helps assure that we will remain the premier

NORFOLK, Va., Sept. 28, 2012 /PRNewswire/ — Trains hauling sand used in extracting natural gas from the Marcellus Shale formation soon will have the ability to unload five times faster thanks to a $20 million upgrade at the Horseheads (N.Y.) Sand & Transloading Terminal (HOST). Owned and operated by Carriage House Partners and RLB Holdings, HOST is in the final stages of constructing a 90,000-square-foot transloading building, scheduled to be completed by Oct. 8. HOST also broke ground this month on a second 90,000-square-foot transloading facility to be opened in 2013, and both buildings are designed for the storage of