Norfolk Southern – Page 17

St. Louis, Virginia Museums Trade Historic Locomotives

May 28, 2014 Railfanning.org News Wire

The Museum of Transportation in St. Louis and the Virginia Museum of Transportation are in discussions to bring Norfolk and Western Y6a steam engine No. 2156 back to its place of origin at Roanoke, Va., on a five-year loan for display at the Virginia museum.

Norfolk Southern President Assumes Additional Responsibilities

May 28, 2014 Railfanning.org News Wire

Norfolk Southern Corp. President James A. Squires will assume additional responsibilities in line with the company’s normal succession planning process, Chairman and CEO Wick Moorman announced.

Norfolk Southern CEO: Confident Outlook for 2014

May 8, 2014 Railfanning.org News Wire

Norfolk Southern CEO Wick Moorman gave stockholders plenty of reasons for continued optimism following a year of record-breaking performance.

Freight rail vital to economic prosperity, Norfolk Southern CEO Moorman tells U.S. Chamber of Commerce

February 20, 2014 Special to Railfanning.org

Norfolk Southern CEO Wick Moorman today said freight railroads are “essential to driving America’s continued economic recovery.”

Norfolk Southern reports record-setting 2013 fourth-quarter and full-year results

January 22, 2014 Railfanning.org News Wire

Norfolk Southern (NYSE: NSC) reported record fourth-quarter 2013 net income of $513 million, or $1.64 per diluted share, 24 percent higher compared with $413 million, or $1.30 per diluted share, earned in the fou

Amtrak Temporarily Shortening Crescent Route Because of Track Work

January 1, 2014 Railfanning.org News Wire

Amtrak said it is cancelling some Crescent service in January and February because of track work.

Norfolk Southern Dedicates Expanded Rail Yard in Honor of Former NS Vice President

October 31, 2013 PRNewswire

In a private ceremony today attended by Norfolk Southern (NYSE: NSC) CEO Wick Moorman, Lt. Governor Jim Cawley, State Senator Tommy Tomlinson, Drexel University President John Fry, and numerous government and business officials, family and friends, NS renamed its Dillerville Yard here in honor of H. Craig Lewis.

Norfolk Southern Reports Second Quarter 2013 Earnings

July 24, 2013 Railfanning.org News Wire

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

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‘The Future Looks Good,’ Norfolk Southern CEO Says in Annual Report

March 20, 2013 Railfanning.org News Wire

NORFOLK, Va. — Coming off its second-best year ever for revenue, operating income, net income, and earnings per share, Norfolk Southern Corp. is positioned well for growth, and “the future looks good,” CEO Wick Moorman tells stockholders in the 2012 annual report, posted today on the company’s website at www.nscorp.com. “Despite significant challenges in our coal business, we delivered solid results for our shareholders,” Moorman says. “From an operations perspective, the railroad ran extremely well, setting all-time highs for most of our service and velocity metrics. We also continued our strong record of reinvesting in the company, with more than

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Norfolk Southern Facilitates $2.1 Billion in Industrial Investment in 2012

January 4, 2013 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. participated in the location of 64 new industries and the expansion of 30 existing industries along its rail lines in 2012. New plants and expansions announced in 2012 represented an investment of $2.1 billion by Norfolk Southern customers and are expected to create more than 6,100 jobs in the railroad’s territory, in future years potentially generating more than 141,000 carloads of new rail traffic annually. Norfolk Southern assisted state and local government and economic development officials throughout 19 states in helping customers identify ideal locations for new and expanded facilities. “Our 2012 results were