Norfolk Southern – Page 31

Norfolk Southern 2008 Annual Report Online; Video Stories Highlight Record-Setting Year

February 20, 2009 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. has posted its 2008 Annual Report online, highlighting a record-setting year in video stories featuring company employees. The report, titled Voices, outlines the company’s 2008 success in receiving the top industry award for workplace safety for the 19th consecutive year and setting records for railway operating revenues, income from railway operations, net income, diluted earnings per share, and operating ratio. In his letter to stockholders, CEO Wick Moorman said 2008 was a successful year for Norfolk Southern in spite of “extraordinary turbulence in our nation’s and the world’s economy.” Moorman said that while the

CN and Norfolk Southern Announce MidAmerica Corridor Initiative to Speed Freight Between Midwest and Southeast

February 10, 2009 Railfanning.org News Wire

NORFOLK, Va. — CN and Norfolk Southern announced an initiative to create a “MidAmerica Corridor” in which the railroads will share track between Chicago, St. Louis, Kentucky and Mississippi to establish shorter and faster routes for merchandise and coal traffic moving between the Midwest and Southeast. This initiative, when finalized through definitive agreements, will have three components. First, Norfolk Southern (NS) will haul CN freight between Chicago and St. Louis, reducing the distance between these points for CN shipments by 60 miles and providing improved connections to other rail carriers through the St. Louis gateway. Second, NS will use CN’s

Norfolk Southern To Host Investor Day

January 29, 2009 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. will host an investor day on Wednesday, June 3, 2009, in Atlanta for active, sell-side analysts and the company’s largest shareholders of record. The day-long meeting will provide Norfolk Southern an opportunity to present a comprehensive overview of marketing strategies and business growth opportunities, operating efficiency initiatives, service delivery enhancements, and development initiatives. Event details (including simultaneous webcast details for interested investors) and registration information will be provided at a later date. Meeting registration is open to active, sell-side analysts as well as NS’ largest shareholders of record. Norfolk Southern’s intent is to accommodate

Norfolk Southern Names Wheeler Vice President Transportation

January 29, 2009 Railfanning.org News Wire

NORFOLK, Va. — Michael J. Wheeler has been named vice president transportation for Norfolk Southern Corporation, effective Feb. 1, with headquarters in Norfolk. He will report to Mark D. Manion, executive vice president operations. Wheeler joined Norfolk Southern in 1985 as a research engineer. He served in positions of increasing responsibility in operations before being named general manager mechanical field operations in 2006 and general manager transportation in 2007. Wheeler holds an undergraduate degree from the University of Tennessee and an MBA from Virginia Tech. — PRNewswire-FirstCall

Crescent Trains Temporarily Canceled Between Atlanta and New Orleans

January 20, 2009 Railfanning.org News Wire

ATLANTA — Due to track work by Norfolk Southern Railway, Amtrak’s Crescent Trains (Nos. 19 and 20) will not operate between Atlanta and New Orleans, La., on a number of dates. Alternate transportation will not be provided. The service will be affected Jan. 26-29, Feb. 2-5, Feb. 9-12 and Feb. 19. Southbound Train 19, which normally operates between New York and New Orleans, will originate in New York and will terminate in Atlanta on the dates shown above. This change affects Train 19 that originates in New York Sunday through Wednesday (Jan. 25-Feb. 18) and arrives in Atlanta the following

AAR: Rail Freight Traffic Down During Holiday Week

December 31, 2008 Railfanning.org News Wire

WASHINGTON — Freight traffic on U.S. railroads was down during the holiday week ended December 27 in comparison with the corresponding holiday week last year the Association of American Railroads (AAR) reported today. Total volume was estimated at 21.4 billion ton-miles, down 20.1 percent from the same week last year. Intermodal volume totaled 124,061 trailers or containers, down 21.8 percent from last year, with container volume down 21.5 percent and trailer volume down 23.2 percent. Carload freight, which doesn’t include the intermodal data, totaled 200,365 cars for the week, down 21.7 percent from last year. Loadings were down 26.5 percent

Norfolk Southern Offers $1 Million Challenge Grant to Assist Virginia Museum of Transportation

December 19, 2008 Railfanning.org News Wire

ROANOKE, Va. — Norfolk Southern Corp. has offered a challenge grant of $1 million to the Virginia Museum of Transportation (VMT) for capital and operating expenses over a three-year period to help the museum implement certain recommendations from Museum Management Consultants. The challenge grant is contingent on equal commitments of support by both the governments of the Roanoke Region and by other private donors to meet the estimated $3 million required for the museum’s long-term needs. Norfolk Southern also will assist museum staff in drawing up a three-year business plan and establishing measurable objectives to restore the museum’s vitality. In

Honda Recognizes Norfolk Southern for Performance Excellence

November 28, 2008 Railfanning.org News Wire

NORFOLK, Va. — American Honda Motor Company Inc. has awarded Norfolk Southern Corp., in competition with all assembly plant and port locations shipping Honda vehicles, the 2008 Performance Excellence Award for Rail Origin Carrier of the Year for service provided at their Lincoln, Ala., automobile manufacturing plant. The award recognizes transit performance, inventory control and empty rail car supply, and audit performance. Norfolk Southern began its service to the Lincoln plant in 2003 when the construction of the rail-served vehicle loading facility was completed. “Norfolk Southern is honored to receive this award, which recognizes the hard work and dedicated efforts

Norfolk Southern Harnesses Sustainable Wind Energy

November 24, 2008 Railfanning.org News Wire

NORTH KANSAS CITY, Mo. — On Nov. 13, Norfolk Southern completed the installation of a 50 kilowatt wind turbine at its rail yard in North Kansas City to power the yard’s wastewater treatment plant. The wind turbine consists of three 24-foot rotor blades mounted on a 100-foot tower and is estimated to generate more than 100,000 kilowatt hours annually. “The North Kansas City wind turbine is the second of its kind on Norfolk Southern, and continues our efforts to promote and incorporate sustainable business practices,” said Chuck Wehrmeister, vice president safety and environmental. “We will continue to explore renewable energy

STB Issues EA for Pan Am Southern

November 14, 2008 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board announced that its Section of Environmental Analysis (SEA) has issued an Environmental Assessment (EA) for public review and comment. The EA related to a proposal by the Norfolk Southern Railway Co., Pan Am Railways Inc. (a noncarrier holding company), and two of Pan Am’s railroad subsidiaries, the Boston and Maine Corp. and the Springfield Terminal Railway Co., to acquire and to jointly control and own, Pan Am Southern LLC, a new railroad to be formed. Earlier this year, Pan Am Railways and Norfolk Southern Railway announced that they agreed to create an improved rail