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NORFOLK, Va. — It was a record first quarter for Norfolk Southern, as the railroad set a string of financial records as smoother operations and rate increases more than made up for flat overall traffic volume. “We are finding that the more we adopt new practices and ideas, the more we can drive bottom line […]
Map of proposed trackage rights proposed by Union Pacific and Norfolk Southern and filed with the Surface Transportation Board. Surface Transportation Board WASHINGTON — Norfolk Southern’s former Wabash main line across Missouri and Illinois may be getting a little busier as part of a new shortcut for Union Pacific. UP is seeking Surface Transportation Board […]
With overall rail traffic down in the first quarter, only two of the big six Class I railroad systems — Canadian National and Norfolk Southern — managed volume gains through the first three months of 2019. CN’s volume was up 1 percent, while NS eked out a 0.4% gain, according to a review of Association […]
ATLANTA — Norfolk Southern, joined by Georgia state and city leaders, today held a groundbreaking ceremony to launch construction of its new corporate headquarters building in Atlanta. “This is an exciting day for Norfolk Southern: We break ground on a new headquarters building, and equally important, begin a new chapter of our railroad’s proud history […]
Norfolk Southern C40-9W No. 9625 leads westbound loaded rail train 917 at the NS Bristol Yard at Bristol, Va., on the NS Pulaski District on June 23, 2011. 11193-11 Jonathan McCoy Question: How many slots of rail can a Norfolk Southern rail train hold and how many cars normally make up a rail train? — […]
WASHINGTON — Twitter wars are common enough between people of opposing political views, some celebrities, or various social-media influencers. But between Amtrak and one of its host railroads? A Wall Street Journal report (behind a paywall) notes that Amtrak and Norfolk Southern have been trading letters about an Amtrak tweet last month in which the […]
Jim Squires, NS CEO Norfolk Southern NORFOLK, Va. — It would be an understatement to say that Norfolk Southern’s views on Precision Scheduled Railroading have evolved. In November 2015, Jim Squires had been chief executive for barely six months when the wolf — dressed as Canadian Pacific CEO E. Hunter Harrison — came banging on […]
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Norfolk Southern CEO Jim Squires Norfolk Southern ATLANTA — Expect to see big changes on Norfolk Southern as the railroad launches its new Precision Scheduled Railroading operating plan, TOP21, over the summer. The most visible differences will include longer trains with distributed power, the increased use of general purpose trains that combine different types of […]
ATLANTA — Norfolk Southern’s embrace of Precision Scheduled Railroading will put the railroad’s operational house in order and improve financial results, including a 60-percent operating ratio by 2021. “We decided to adopt Precision Scheduled Railroading because it works,” Norfolk Southern CEO Jim Squires said in kicking off the railroad’s investor day presentations on Monday. NS […]
NORFOLK, Va. — Norfolk Southern reported record financial results on Thursday, including the railroad’s highest-ever quarterly operating income and revenue. “We once again delivered strong financial results,” CEO Jim Squires told investors and analysts on the railroad’s earnings call. Quarterly operating income, adjusted for one-time items, rose 27 percent to a record $1 billion as […]
Norfolk Southern’s classic ABBA cab units pass through Harrisburg, Pa., in August 2012. Trains: Jim Wrinn ALTOONA, Pa. — Norfolk Southern’s fabulous four — the F-units that were rebuilt for executive train service in 2007 — are being renumbered. NS will drop the first digit from each unit’s road number to make way for General […]
