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Railfanning.org News Wire

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Norfolk Southern

Economic Recovery Will Continue, Norfolk Southern CEO Tells Stockholders

May 12, 2011 Railfanning.org News Wire
NORFOLK, Va. — “The economic recovery is well under way, and barring some unanticipated event, it will continue well on into 2012,” said Wick Moorman, chief executive officer of Norfolk Southern Corporation, during the company’s 29th annual stockholders meeting, held today in Williamsburg.

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Amtrak

LaHood Announces $2 Billion for High-Speed Intercity Rail Projects

May 12, 2011 Railfanning.org News Wire
WASHINGTON – U.S. Transportation Secretary Ray LaHood announced $2 billion in high-speed rail awards providing an unprecedented investment to speed up trains in the Northeast Corridor, expand service in the Midwest and provide new, state-of-the-art locomotives and rail cars.

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Amtrak

Amtrak Ridership Surges in April

May 12, 2011 Railfanning.org News Wire
WASHINGTON –Amtrak ridership surged in April to be the best April on record and extends the national passenger railroad’s streak to 18 consecutive months of year-over-year ridership growth.

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CSX

Partnershipping Award Goes to Okefenokee Area Development Authority

May 12, 2011 Railfanning.org News Wire
JACKSONVILLE — CSX Transportation presented its Partnershipping Award to the Okefenokee Area Development Authority (OADA) in recognition of its work to locate a new wood pellet production facility in Waycross, Ga., that will be served by CSX.

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Canadian Pacific

CP Declares Quarterly Dividend

May 11, 2011 Railfanning.org News Wire
CALGARY — The Board of Directors of Canadian Pacific Railway declared an increase in CP’s next quarterly dividend to 30 cents Canadian per share on the outstanding Common Shares, from 27 cents per share.

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Norfolk Southern

Norfolk Southern Recognizes 49 Customers for Chemical Safety in 2010

May 11, 2011 Railfanning.org News Wire
NORFOLK, Va. — Norfolk Southern Corp. announced that 49 customers have earned the company’s Thoroughbred Chemical Safety Award for 2010 for their safe handling of hazardous chemical products.

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Norfolk Southern

Norfolk Southern Expands Its Storm Recovery Support to Include Virginia

May 11, 2011 Railfanning.org News Wire
NORFOLK, Va. — Norfolk Southern said it is increasing its support of relief efforts in states hard hit by recent severe storms.

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Amtrak

Amtrak Awarded $450 Million to Upgrade New York-Washington High-Speed Rail Service

May 10, 2011 Railfanning.org News Wire
WASHINGTON – The U.S. Department of Transportation awarded Amtrak $450 million in funding to upgrade its rail infrastructure to support more frequent and faster high-speed rail service, and to improve reliability of current service between New York and Washington.

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Canadian National

CN Makes Investments to Increase Capacity

May 10, 2011 Railfanning.org News Wire
EDMONTON — CN announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification facility in Edmonton.

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BNSF

BNSF Foundation Sends Donations to Assist Tornado Victims in the American South

May 6, 2011 Railfanning.org News Wire
FORT WORTH, Texas — The BNSF Foundation (BNSF) announced it has donated $100,000 to the American Red Cross for on-going relief efforts for the tens of thousands of people affected by the tornadoes that struck several Southern states on April 27.

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