Norfolk Southern

Norfolk Southern Reports First-Quarter 2008 Results

April 22, 2008 Railfanning.org News Wire

NORFOLK, Va. — For the first quarter of 2008, Norfolk Southern Corporation reported net income of $291 million, or $0.76 per diluted share, compared with $285 million, or $0.71 per diluted share, for the first quarter of 2007. First-quarter 2008 results were impacted by the settlement of a lawsuit relating to the 2005 accident at Graniteville, S.C., which, when combined with other favorable claims-related adjustments, reduced earnings by $0.02 per diluted share. “Norfolk Southern delivered strong financial performance during the quarter, reporting the highest railway operating revenues in its history, in spite of a less than robust economy,” said Norfolk

Norfolk Southern’s ‘Green Machine’ Does the Math To Make Supply Chains More Environmentally Friendly

April 16, 2008 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern’s new online carbon footprint analyzer puts the environmental benefits of rail transportation into an easy-to-visualize perspective. The “Green Machine” quickly estimates the reductions in greenhouse gas emissions that occur when rail transportation becomes a larger component in shipper supply chains. The Green Machine can be accessed through Norfolk Southern’s environmental Web site at www.nscorp.com/future and through its accessNS e-commerce portal at www.nscorp.com. The calculator prompts the user to enter shipment volumes, along with network or lane information. Using graphic slides, the user then can gauge the emission reductions that occur as rail becomes a larger

Norfolk Southern 2007 Annual Report: All In A Day’s Work

March 27, 2008 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. tells the story of a record-setting year through the lens of a single day in its 2007 Annual Report, posted on the company’s Web site. The report, titled “Thoroughbred 24/7,” features photographs from throughout the transportation network on Oct. 23, 2007, a day on which the railroad moved tons of commodities without a single reportable employee injury. For the 18th consecutive year, Norfolk Southern earned the top industry award for workplace safety. Railway operating revenues, income from railway operations, and diluted earnings per share all set records. In his letter to stockholders, Chairman, President

Norfolk Southern Names Newell Baker to Lead Industrial Development; Collingwood Retires

February 26, 2008 Railfanning.org News Wire

NORFOLK, Va. — Newell M. Baker has been named assistant vice president industrial development for Norfolk Southern Corp. effective March 1, in Atlanta. He will report to Robert E. Martinez, vice president business development. Baker joined Norfolk Southern as a management trainee in the engineering department in 1973. He was named director industrial development, his current position, in 1993. Baker earned a bachelor’s degree in civil engineering from North Carolina State University. In his new position, Baker will assume the responsibilities held by Larry R. Collingwood, who will retire March 1 after a 36-year railroad career. Collingwood joined Norfolk Southern

New, Safer Brake Technology for Freight Trains Gains Traction as Second Railroad Launches ECP Train

February 8, 2008 Railfanning.org News Wire

WASHINGTON — Utilizing advanced brake technology advocated by the Federal Railroad Administration (FRA), the BNSF Railway has launched its first revenue service train fully equipped with state-of-the-art electronically controlled pneumatic (ECP) brakes. “We expect that these brakes can make rail operations safer and provide business benefits as well,” FRA Administrator Joseph H. Boardman said, noting that BNSF, along with the Norfolk Southern Railway, received FRA waiver approval last year to install and begin demonstrating ECP brake technology. In contrast to conventional air brake systems, which operate sequentially from one rail car to the next, ECP technology applies the brakes uniformly

Norfolk Southern Names Mobley VP Labor Relations; Macmahon Retires

February 6, 2008 Railfanning.org News Wire

NORFOLK, Va. — Harold R. Mobley has been named vice president labor relations for Norfolk Southern Corp., effective March 1, with headquarters in Norfolk. He will report to John P. Rathbone, executive vice president administration. Mobley joined Norfolk Southern as a management trainee in 1971. He served in a number of positions in the engineering, transportation and labor relations departments and was named assistant vice president labor relations in 2000. Mobley earned a bachelor’s degree in history and English from Valparaiso University. In his new position, Mobley will assume the responsibilities held by Mark R. MacMahon, who will retire March

Norfolk Southern Names McFadden Corporate Secretary; Martin Retires

February 1, 2008 Railfanning.org News Wire

NORFOLK, Va. — Howard D. McFadden has been named corporate secretary for Norfolk Southern Corp., effective March 1, with headquarters in Norfolk. He will report to James A. Hixon, executive vice president law and corporate relations. McFadden joined Norfolk Southern as a tax department attorney in 2001. He was named general tax attorney, his current position, in 2005. McFadden earned a bachelor’s degree in English and a master’s degree in education, both from the College of William & Mary, an accounting degree from Georgia State University, and a law degree from the University of Virginia. In his new position, McFadden

Norfolk Southern Names Dimino VP Audit and Compliance; Carter Retires

January 29, 2008 Railfanning.org News Wire

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

Norfolk Southern Reports Fourth-Quarter and 2007 Results

January 23, 2008 Railfanning.org News Wire

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

Federal Board’s Decision Shortchanges Michigan Rail Shippers and Passengers

December 12, 2007 Railfanning.org News Wire

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