Latest Norfolk Southern Corp. Stories

NORFOLK, Va., Feb. 10, 2012 /PRNewswire/ -- The Norfolk Southern Foundation, the charitable giving affiliate of Norfolk Southern Corporation (NYSE: NSC), announced today that it awarded nearly $6.2 million in grants during 2011 to nonprofit, charitable organizations, an 11 percent increase over 2010. "At Norfolk Southern we believe that service includes serving the communities where we operate our trains and where our employees live and work in addition to providing safe...

NORFOLK, Va., Feb. 7, 2012 /PRNewswire/ -- Scott R. Weaver has been named vice president labor relations for Norfolk Southern Corporation (NYSE: NSC), with headquarters in Norfolk, effective March 1. He will report to John P. Rathbone, executive vice president administration. (Photo: http://photos.prnewswire.com/prnh/20120207/PH49424 ) Weaver succeeds Harold R. Mobley, who retires after a 44-year career in the railroad industry. Weaver joined Norfolk Southern in 1989 as a...

NORFOLK, Va., Feb. 3, 2012 /PRNewswire/ -- James A. Squires, executive vice president finance and chief financial officer of Norfolk Southern Corporation (NYSE: NSC), will address the Stifel Nicolaus Transportation Conference at 9 a.m. EST on Tuesday, Feb. 14, 2012, in Key Biscayne, Fla. Interested investors can listen via simultaneous webcast at http://www.media-server.com/m/p/p5i762cp. After the webcast, the presentation will be posted at www.nscorp.com. Norfolk Southern...

NORFOLK, Va., Jan. 24, 2012 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced that its Board of Directors today voted to increase the regular quarterly dividend on the company's common stock by 9.3 percent, or 4 cents per share, from 43 to 47 cents per share. The increased dividend is payable on March 10, to stockholders of record on Feb. 3. Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 118 consecutive quarters. Norfolk...

NORFOLK, Va., Jan. 19, 2012 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) has cleared the way for more double-stack intermodal trains to use its Heartland Corridor with the opening this week of a newly improved double-stack rail line between Columbus and Cincinnati, Ohio. The Heartland Connector will reduce transit times by one to two days and increase service reliability for double-stack freight traveling to and from the Port of Virginia and Cincinnati and Detroit. The improvements...

NORFOLK, Va., Jan. 13, 2012 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) has loaded the largest volume cargo in the history of its Pier 6 coal transloading facility at Lamberts Point in Norfolk. Early yesterday morning, Norfolk Southern finished loading 159,941.45 net tons (145,097.931 metric tons) of metallurgical coal into the M/V Cape Dover, destined for China. That quantity can be used to make about 207,000 tons of steel - enough to build 230,000 automobiles. The coal was...

NORFOLK, Va., Jan. 9, 2012 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) participated in the location of 73 new industries and the expansion of 27 existing industries along its rail lines in 2011. New plants and expansions announced in 2011 represented an investment of $9.5 billion by Norfolk Southern customers and are expected to create 6,800 jobs in the railroad's territory, in future years potentially generating more than 152,000 carloads of new rail traffic...

NORFOLK, Va., Jan. 4, 2012 /PRNewswire/ -- Norfolk Southern Corporation will present its fourth-quarter 2011 earnings on Tuesday, Jan. 24, 2012, at 4:30 p.m. EST via teleconference and live Internet webcast. The company will issue its earnings results shortly after market close on Jan. 24. Those interested in participating via teleconference may dial 877-869-3847 several minutes prior to the call. An audio replay will be available until Jan. 31, 2012, following the live...

NORFOLK, Va., Nov. 7, 2011 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) is supporting ethanol shippers with a new virtual inventory management and delivery system that can cut in half the time it takes to transload shipments at Thoroughbred Bulk Transfer (TBT) facilities. The new system, the first of its kind in the rail industry, combines ethanol shipments from multiple customers into a single inventory in a process called comingling. This expedites transloading operations by enabling...

NORFOLK, Va., Nov. 4, 2011 /PRNewswire/ -- Want to experience the thrill of riding behind a steam locomotive? Here's your chance, as the 21st Century Steam program of Norfolk Southern (NYSE: NSC) and the Tennessee Valley Railroad Museum will operate a one-way trip from Knoxville to Chattanooga, with return by charter bus, on Monday, Nov. 14. The train will be pulled by former-Southern Railway steam locomotive 630, which is a Consolidation-type locomotive built in 1904 at the Richmond, Va.,...