Norfolk Southern – Page 25

NTSB to FRA: Require Audio and Image Recorders on Locomotives

February 24, 2010 Railfanning.org News Wire

WASHINGTON — The National Transportation Safety Board makes the following recommendations to the Federal Railroad Administration: Require the installation, in all controlling locomotive cabs and cab car operating compartments, of crash- and fire-protected inward- and outward-facing audio and image recorders capable of providing recordings to verify that train crew actions are in accordance with rules and procedures that are essential to safety as well as train operating conditions.

Norfolk Southern’s Memphis Regional Intermodal Facility Is Awarded $52.5 Million Tiger Grant From U.S. Department of Transportation

February 19, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern’s (NYSE: NSC) planned Memphis Regional Intermodal Facility was awarded $52.5 million from the U.S. Dept. of Transportation under the American Recovery and Reinvestment Act of 2009, Transportation Investment Generating Economic Recovery (TIGER) Program. In July 2009, Norfolk Southern announced that it intended to construct a new intermodal terminal in Rossville, Tenn., as part of the railroad’s multi-state $2.5 billion Crescent Corridor program of projects to establish a high-speed intermodal freight rail route linking the Gulf Coast and the Northeast. “Because of its strategic location and the growing intermodal demands in the Southeast, the Memphis Regional

Norfolk Southern’s Birmingham Regional Intermodal Facility is awarded $52.5 million TIGER grant from U.S. Department of Transportation

February 19, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern’s planned Birmingham Regional Intermodal Facility was awarded $52.5 million from the U.S. Department of Transportation under the American Recovery and Reinvestment Act of 2009, Transportation Investment Generating Economic Recovery (TIGER) Program. In July 2009, Norfolk Southern announced that it intended to construct a new intermodal terminal in McCalla, Ala., adjacent to the Jefferson Metropolitan Park at McCalla, as part of the railroad’s multi-state $2.5 billion Crescent Corridor program of projects to establish a high-speed intermodal freight rail route linking the Gulf Coast and the Northeast. “Because of its strategic location and the growing intermodal demands in

Norfolk Southern’s Crescent Corridor is Awarded $105 Million TIGER Grant From U.S. Department of Transportation

February 19, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern’s Crescent Corridor Intermodal Freight Program of Projects was awarded $105 million from the U.S. Department of Transportation under the American Recovery and Reinvestment Act of 2009, Transportation Investment Generating Economic Recovery (TIGER) Program. In September 2009, lead state Pennsylvania, joined by Alabama, Mississippi, Tennessee, and Virginia, submitted an application to USDOT for a $300 million TIGER grant to help improve Norfolk Southern’s rail lines and facilities between the Gulf Coast and the Northeast. Although the award represents a shortfall from the original TIGER request, it will enable NS and its partners to begin construction of

Norfolk Southern Facilitates $3.1 Billion in Industrial Investment Along Rail Lines in 2009

February 11, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. participated in the location of 70 new industries and the expansion of 23 existing industries along its rail lines in 2009.

Norfolk Southern Foundation Awards $5.7 Million in 2009

February 11, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Foundation, the charitable giving affiliate of Norfolk Southern Corp., awarded grants worth more than $5.7 million to nonprofit charitable organizations in 2009. The grants included $1.47 million in employee matching gifts in support of 535 organizations. Grants other than matching gifts went to 329 organizations in Norfolk Southern’s operating territory. The Foundation contributed to 75 United Way campaigns plus other health and human services nonprofits ($1,600,300), educational institutions ($1,100,587), cultural and arts groups ($1,145,478), and civic, community, and environmental organizations ($402,750). Among the largest recipients were the United Ways in Norfolk and Roanoke, Va., and

Norfolk Southern Reports 2009 Fourth-Quarter and Full-Year Results

January 27, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. reported fourth-quarter 2009 net income of $307 million, or $0.82 per diluted share, compared with $452 million, or $1.21 per diluted share, for the same quarter of 2008. Net income for 2009 was $1.0 billion, or $2.76 per diluted share, compared with $1.7 billion, or $4.52 per diluted share, for 2008. “Our fourth-quarter results demonstrate a continuation of the momentum we have generated since the second quarter of 2009,” said CEO Wick Moorman. “The results reflect a high level of performance throughout Norfolk Southern, and showcase the strength and flexibility of our franchise, our

Thomas D. Bell Jr. Elected to Norfolk Southern Board

January 26, 2010 Railfanning.org News Wire

NORFOLK, Va. — Thomas D. Bell Jr., chairman of SecurAmerica LLC, has been elected a director of Norfolk Southern Corp., Norfolk Southern CEO Wick Moorman announced today. Bell retired as chairman and chief executive officer of Cousins Properties in July 2009. He previously served as chairman and CEO of the advertising and communications firm Young and Rubicam Inc., vice chairman and director of Gulfstream Aerospace Corporation, executive vice president of Ball Corporation, chairman of the Center for Naval Analysis, and president and CEO of the Hudson Institute. Bell attended the University of Tennessee and New York University. He served as

Feds Announce New Safety Standards for Freight and Passenger Trains

January 23, 2010 Railfanning.org News Wire

WASHINGTON — U.S. Transportation Secretary Ray LaHood and Federal Railroad Administration (FRA) Administrator Joseph Szabo on Jan. 12 announced historic safety regulations requiring that Positive Train Control (PTC) technology be installed on the nation’s major rail lines as well as commuter and intercity passenger rail routes.

Norfolk Southern Joins U.S. Green Building Council

December 8, 2009 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern has joined the U.S. Green Building Council (USGBC), a non-profit, membership-based organization committed to a prosperous and sustainable future for the nation through cost-efficient and energy-saving green buildings. Through its latest public-private partnership initiative, the Crescent Corridor Intermodal Freight Program, NS will capitalize on the inherent efficiencies of rail transportation to substantially reduce fuel consumption and greenhouse gas emissions. As part of the Crescent Corridor program, NS has committed to submitting buildings from three of its proposed intermodal terminals in Birmingham, Ala., Greencastle, Pa., and Memphis, Tenn., for LEED (Leadership in Energy and Environmental Design)