Norfolk Southern – Page 35

NS Reports State Tax Legislation, Synthetic Fuel Investments Effects On Third-Quarter Earnings

October 9, 2007 Railfanning.org News Wire

NORFOLK, Va. – Norfolk Southern Corporation (NYSE: NSC) announced that Illinois tax legislation enacted during the third quarter and rising crude oil prices that impacted synthetic fuel-related investments will have a negative impact on third-quarter net income that will be reported at a quarterly analyst conference call on Oct. 24. Third quarter 2007 diluted earnings per share are expected to be $0.97, or approximately 5 percent below the same quarter 2006. The Illinois legislation modifies the way in which transportation companies apportion their taxable income to the state. This change will result in an adjustment to Norfolk Southern’s deferred income

Union Pacific and Norfolk Southern Offer On-Time or Free Service Guarantee on New Coast-To-Coast Westbound Intermodal Service through Shreveport

October 2, 2007 Railfanning.org News Wire

OMAHA, Neb. – Union Pacific and Norfolk Southern Railway have announced new westbound intermodal train service that will shorten by a day the trip for standard intermodal freight from the Southeast to Los Angeles. The eastbound service was launched in May 2007. The new coast-to-coast service is part of the railroads’ commitment to improve capacity, service quality and speed by shifting domestic traffic to a new, shorter route over the Shreveport, La., gateway. This shift began with the completion of the first phase of improvements on the Meridian Speedway – NS and Kansas City Southern’s joint venture corridor between Meridian,

Norfolk Southern Whistle-Stop Train Delivers Safety Training to Emergency Responders in Alabama, Georgia and Mississippi

September 17, 2007 Railfanning.org News Wire

NORFOLK, Va. — A special train will travel to Alabama, Georgia and Mississippi Sept. 17-21 to provide emergency preparedness training to first responders as part of the 2007 Norfolk Southern TRANSCAER Whistle-Stop Tour. TRANSCAER (Transportation Community Awareness and Emergency Response) is a nationwide program that assists communities in preparing for and responding to a possible hazardous material transportation incident. “The Whistle-Stop Tour brings emergency preparedness training to response organizations and educates communities near major rail routes about rail equipment, chemical transportation and the importance of planning for potential hazardous material transportation emergencies,” said Chuck Wehrmeister, Norfolk Southern’s vice president safety

Norfolk Southern and BLET Reach Tentative Agreement

September 11, 2007 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Railway Co. and the Brotherhood of Locomotive Engineers and Trainmen last month reached a tentative new agreement, which extends through 2014 and continues to link engineers’ compensation to Norfolk Southern’s performance. The agreement is subject to ratification by employees. The agreement, which covers approximately 5,100 locomotive engineers, continues to provide an annual bonus opportunity based on the same performance criteria used to determine management bonuses. The BLET has participated in Norfolk Southern’s bonus program since 1996. Other highlights of the new agreement include general wage increases, improved incentive pay for weekend and holiday work, increased

Pa. Attorney General Charges Norfolk Southern In Wreck

July 27, 2007 Railfanning.org News Wire

HARRISBURG, Pa. — The state of Pennsylvania has filed environmental-related charges against Norfolk Southern Corp. and a former engineer who was driving a Norfolk Southern train when it derailed in June 2006.The derailment spilled 42,000 gallons of sodium hydroxide waste into the soil, wetlands and waters of two counties in Northwestern Pennsylvania causing millions of dollars in damage and killing thousands of fish, authorities said. The engineer — Michael J. Seifert, 46, of West Seneca, N.Y. –was charged in March 2007 with two counts of risking a catastrophe and one count of reckless endangerment by the McKean County District Attorney’s

Michigan Central Railway Will Initiate Freight Service in Michigan and Indiana

July 12, 2007 Railfanning.org News Wire

KALAMAZOO, Mich. — The Michigan Central Railway will initiate freight rail service over 384 route miles of rail line in Michigan and Indiana in first-quarter 2008 under a joint venture to be formed by Norfolk Southern Railway Co. and Watco Cos., the parent company of the newly formed Michigan Central. “The new Michigan Central will preserve and enhance freight rail service in southern Michigan,” said David C. Eyermann, Michigan Central’s interim president. “The company will be headquartered in Kalamazoo and will employ approximately 118 people. In the first year alone we plan to invest more than $6 million to improve

Norfolk Southern Graduates 113 Students from Emergency Response Training School

July 9, 2007 Railfanning.org News Wire

NORFOLK, Va. — First responders from across the United States sharpened their skills at responding to hazardous materials incidents during Norfolk Southern-sponsored tank car safety classes this year at the Transportation Technology Center Inc., near Pueblo, Colo. One hundred thirteen students attended the five-day, 40-hour courses at TTCI’s Emergency Response Training Center, which provides training in classes that simulate train, truck and barge accidents. Located on 52 square miles of isolated high desert, the TTCI campus includes 48 miles of specialized tracks to test locomotives, vehicles, track components and signal devices. Some 80 rail cars, intermodal and highway vehicles, and

On Its Anniversary, Norfolk Southern Thanks Supporters

June 1, 2007 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corporation today marked the 25th anniversary of its formation, thanking the customers, shareholders, employees and communities that the railroad serves. “Any success we claim is a result of their support and willingness to be true partners,” said Chief Executive Officer Wick Moorman. “No company serves a better group of stakeholders.” Norfolk Southern was formed June 1, 1982, from the consolidation of two of the country’s most successful railroads, Southern Railway and Norfolk and Western Railway, which traced their beginnings respectively to 1827 and 1836 and the earliest days of railroading in North America. A top

Union Pacific and Norfolk Southern to Offer Fastest Service Between Southern California and Southeast

April 30, 2007 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Railroad and Norfolk Southern Railway will significantly improve eastbound domestic transcontinental service from Los Angeles to the Southeast on May 21. The service improvement in this important high-volume lane will result from shifting traffic from the Memphis gateway to the new Shreveport, La., gateway. This new route, combining Union Pacific’s Sunset Route between Los Angeles and Texas with Norfolk Southern’s and Kansas City Southern’s joint venture line between Shreveport and Meridian, Miss., is nearly 150 miles shorter than the current route, making it the shortest, fastest and most reliable intermodal route between Los Angeles and

Norfolk Southern and BNSF Railway to Test New Train Brake Technology

March 29, 2007 Railfanning.org News Wire

FORT WORTH, Texas — Norfolk Southern Railway (NS) and BNSF Railway Company (BNSF) will begin testing a new braking system that may reduce the amount of time it takes to stop a train. The project, authorized by the Federal Railroad Administration, calls for NS and BNSF to equip and test certain locomotives and freight cars with electronically controlled pneumatic (ECP) brakes. ECP brakes have the potential to reduce train stopping distances by as much as 50 to 70 percent over conventional air brake systems. ECP brakes utilize electronic signals to simultaneously apply and release throughout the length of a freight