Norfolk Southern – Page 17

Norfolk Southern Reports 2010 Fourth-Quarter and Full-Year Results

January 25, 2011 Railfanning.org News Wire

Norfolk Southern Corp. reported fourth-quarter 2010 net income of $402 million, or $1.09 per diluted share, 31 percent higher compared with $307 million, or $0.82 per diluted share, for the same quarter of 2009. Fourth-quarter 2010 results benefited from a $34 million, or $0.09 per diluted share, change in estimate affecting deferred income taxes. Net income for 2010 was $1.5 billion, or $4.00 per diluted share, an increase of 45 percent, compared with $1.0 billion, or $2.76 per diluted share, in 2009. “During 2010 we profitably grew the business, invested in the franchise, generated significant levels of cash, and produced attractive returns for our shareholders,” said CEO Wick Moorman. “We

Norfolk Southern Increases Dividend

January 25, 2011 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. said its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 11 percent, or 4 cents per share, from 36 to 40 cents per share. The increased dividend is payable on March 10 to stockholders of record on Feb. 4.

Amtrak: Schedule Change for Amtrak Crescent Service

January 8, 2011 Railfanning.org News Wire

WASHINGTON – Improvements to the track used by the Amtrak Crescent (New York – New Orleans) service will result in a temporary schedule change from Jan. 10 – Feb. 17 with trains not operating between Atlanta and New Orleans Monday through Thursday of each week.

Norfolk Southern’s Pier 6 Achieves Its Second Largest Coal Loading

January 4, 2011 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern has completed loading the second largest cargo in the history of its Pier 6 coal transloading facility at Lamberts Point in Norfolk.

Train derails in Douglasville, Ga.

January 4, 2011 Railfanning.org News Wire

A Norfolk Southern freight train derailed in downtown Douglasville, Ga., early Tuesday morning, closing roads and dumping truck trailers, ajc.com reported.

Norfolk Southern’s ‘Train Your Brain’ Public Safety Awareness Program Heads to Ohio

December 16, 2010 Railfanning.org News Wire

NORFOLK, Va. — It’s on to Ohio in 2011 for “Brainy” and Norfolk Southern’s “Train Your Brain” safety campaign after completing a two-year successful run in east central and northern Indiana. The 2010 campaign made its own mark for attention-grabbing creativity, no small feat for a program that from its beginning has featured a costumed giant pink walking brain as its mascot. Brainy is a silent safety sentry who without saying a word helps train people to be smart around grade crossings and railroad property. Brainy made 18 public appearances in 2010, from the 13th Annual BBQ RibFest at Fort

Norfolk Southern CEO Moorman Named Railway Age ‘Railroader of the Year’

December 9, 2010 Railfanning.org News Wire

NORFOLK, Va. — Charles W. “Wick” Moorman, chairman, president and chief executive officer of Norfolk Southern Corp., has been named 2011 Railroader of the Year by railroad industry trade journal Railway Age.

Norfolk Southern Issues 2010 Sustainability Report, Outlines 2011 Environmental Goals

November 29, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. has issued its third annual sustainability report, available for the first time exclusively on the company’s environmental website, Footprints, at www.nssustainability.com.

Norfolk Southern Named One of Top 20 Military Friendly Employers

November 12, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. has been named one of the nation’s best employers for people with military experience.

Norfolk Southern Reports Third-Quarter 2010 Results

October 27, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. reported third-quarter 2010 net income of $445 million, an increase of 47 percent, compared with $303 million for third-quarter 2009. Diluted earnings per share were $1.19, up 47 percent, compared with $0.81 per share in the third quarter of 2009.