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Norfolk Southern

Norfolk Southern Names Dimino VP Audit and Compliance; Carter Retires

NORFOLK, Va. — Joseph C. Dimino has been named vice president audit and compliance for Norfolk Southern Corp., effective Feb. 1, with headquarters in Norfolk. He will report to Chief Executive Officer Wick Moorman. Dimino joined Norfolk Southern in 1976 as an attorney and was promoted to senior general counsel in 2002 and vice president and corporate counsel in 2006. He was named vice president compliance in 2007 and will keep that responsibility. Dimino earned a political science degree from the University of Rochester and a law degree from the University of Virginia. In his new position, Dimino assumes the

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Norfolk Southern

Norfolk Southern Reports Fourth-Quarter and 2007 Results

NORFOLK, Va. — Norfolk Southern Corp. reported record fourth- quarter 2007 net income of $399 million, an increase of 4 percent, compared with $385 million for fourth-quarter 2006. Diluted earnings per share were $1.02, up 7 percent, compared with the $0.95 per diluted share earned in the fourth quarter of 2006. Net income for 2007 was $1.5 billion, down 1 percent, compared with record net income for 2006. Diluted earnings per share increased 3 percent, or 11 cents, to $3.68. “I am pleased to report that Norfolk Southern delivered a strong financial performance in the fourth quarter in the face

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Norfolk Southern

Federal Board’s Decision Shortchanges Michigan Rail Shippers and Passengers

NORFOLK, Va. — The Surface Transportation Board’s denial of regulatory approval for an innovative joint venture involving freight and passenger rail service over 384 route miles in Michigan and Indiana represents a lost opportunity for the region’s shippers, passengers and communities, according to Norfolk Southern Railway Co. Norfolk Southern and Watco Companies had planned jointly to form a new regional railroad, Michigan Central Railway, to preserve and grow freight service in the region. Amtrak passenger lines would have benefited from an extended agreement ensuring continued maintenance and investment levels on the rail lines between Ypsilanti and Kalamazoo, Mich., Norfolk Southern

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Amtrak

Amtrak Train Speeding at Time of Derailment

CHICAGO — An Amtrak train that crashed into the rear end of a Norfolk Southern freight train last week was speeding, the NTSB said. Amtrak’s Pere Marquette was traveling 40 mph when it should have been traveling 15 mph Though the speed limit is usually 79 mph along that stretch of track, the Amtrak should have slowed to 15 mph because of a signal. “Part of our investigation is to figure out why that signal was not obeyed,” The Associated Press quoted NTSB Vice Chairman Robert Sumwalt as saying. “We’re not here to point fingers,” Sumwalt said, according to The

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Amtrak

Chicago Derailment Under Investigation

CHICAGO — The National Transportation Safety Board has dispatched a Go Team to investigate yesterday’s collision between an Amtrak passenger train and a Norfolk Southern freight train on NS tracks south of Chicago. NTSB Rail Investigator Ted Turpin will serve as Investigator-in-Charge and lead the 7-member team. Vice Chairman Robert Sumwalt will accompany the team and serve as spokesman for the on-scene investigation. At the time of the crash, there were 187 passengers and six employees on board the Amtrak train. Most passengers and crew members were unhurt and were later transported to Amtrak Chicago Union Station and on to

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Amtrak

Amtrak, Norfolk Southern Trains Collide in Chicago

CHICAGO — An Amtrak train collided with a Norfolk Southern freight train this afternoon, seriously injuring five people, officials said. The Pere Marquette was traveling from Grand Rapids, Mich., to Chicago when it struck the freight train in south Chicago at about 11:30 a.m. local time. The Amtrak train’s locomotive derailed, while the rest of the train remained upright and on the rails. The Amtrak train had one engine and three cars. At the time of the derailment, there were 187 passengers and six crew members on board the train. Thirty injuries were reported, including five serious injuries to Amtrak

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Norfolk Southern

NTSB Hands Down Three Recommendations in 2006 Derailment

The National Transportation Safety Board this week handed down a trio of recommendations in response to a January 2006 Norfolk Southern derailment that injured three people and caused more than $5 million in property damage. First, the NTSB recommended that Class I Railroads “modify, as necessary, your initial and recurrent training and operating rules to emphasize to your employees and the crews of other railroads operating on your territory that any signal that appears to display extra lighted aspects in a signal head should be treated as an improperly or imperfectly displayed signal.” Next, the NTSB recommended that Norfolk Southern

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BNSF

U.S. Class I Railroads Dominate Top 25 in List of Military-Friendly Employers

WASHINGTON — America’s freight rail industry dominated the fifth annual America’s Top 50 “Military Friendly-Employers” list published by G.I. Jobs, the nation’s premier career guide for military job-seekers. The magazine named four Class I freight railroads in the top half of the most military-friendly employers for 2007, selecting BNSF Railway as the No. 1 employer of military personnel. Also making the list were Union Pacific, CSX Transportation and Norfolk Southern. “The nation’s freight railroads maintain a strong commitment to the men and women who serve our country,” said Edward R. Hamberger, president and CEO of the Association of American Railroads.

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Norfolk Southern

Norfolk Southern to Pay $7.35 Million to Restore McKean, Cameron County Waterways; Settle 2006 Train Derailment Case

HARRISBURG, Pa. — Waterways and wetlands in McKean and Cameron counties that were damaged in a June 2006 lye spill will benefit from a landmark settlement between the commonwealth, Norfolk Southern Corp. and Norfolk Southern Railway. “We negotiated long and hard to reach this point, keeping in mind the environmental and economic injuries that this region suffered as a result of the spill,” DEP Secretary Kathleen A. McGinty said today in announcing the agreement. “This settlement will help heal the ecosystem and provide the needed resources for nearby communities.” A large part of the $7.35 million settlement — approximately $6.76

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Norfolk Southern

Norfolk Southern Begins Work on Heartland Corridor Tunnels

NORFOLK, Va. — Heavy machinery grinds away brick, concrete and solid rock as a railroad tunnel near Cowan, Va., gets its roof raised to accommodate taller trains. This is the beginning of a three-year engineering project to increase intermodal freight capacity by raising vertical clearances in 28 tunnels on a Norfolk Southern rail line between the port of Hampton Roads, Va., and Chicago known as the Heartland Corridor. The first phase of the tunnel work began in October. When the project is completed in early 2010, containerized freight moving in double-stack trains will be able to shave off about 200