Norfolk Southern

Norfolk Southern will close its Roanoke office building at 110 Franklin Road SE later this year and relocate the functions currently housed there to Atlanta or Norfolk, the company said today. Approximately 500 people currently work in the building in marketing, accounting, information technology, and other departments. Affected employees will have the option of relocating with their positions. The action is being taken to foster departmental synergies and to make better use of the company’s real estate assets and support the company’s goal of streamlining its management workforce. Norfolk Southern is in the final process of evaluating which positions will

Donald W. Seale, executive vice president and chief marketing officer of Norfolk Southern Corp., has announced his plan to retire effective March 1, 2015, Chairman and CEO Wick Moorman said.

Norfolk Southern Corp. is acquiring from the Delaware & Hudson Railway Co. (D&H), a subsidiary of Canadian Pacific Railway, 282.55 miles of rail line between Sunbury, Pa., and Schenectady, N.Y., in a $217 million sale.