Norfolk Southern

Government, Business, Safety, Logistics, TCA

‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure

‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure An Alabama road construction sign. (Alabama DOT)

The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.”

Lawrence Specker | Alabama Media Group
January 6, 2022
Business, Equipment, Logistics

U.S. Steel, Norfolk Southern and Greenbrier Partner on New Steel Railcar

railcar Gondola rendering. (Greenbrier/PR Newswire)

United States Steel Corp., Norfolk Southern Corp. and The Greenbrier Cos. collaborated to create a new high-strength railcar, the companies announced Dec. 9.

December 9, 2021
Business, Logistics

Alan Shaw to Succeed Jim Squires as Norfolk Southern CEO

Alan Shaw, James Squires Alan Shaw (left) and James Squires by Norfolk Southern Corp./PR Newswire

Norfolk Southern Corp. on Dec. 3 announced a CEO succession plan, with current leader Jim Squires retiring and longtime company executive Alan Shaw stepping up to lead the Class I railroad.

Dan Ronan | Associate News Editor
December 6, 2021
Business, Logistics

Norfolk Southern Reports Record Q3 Results

Norfolk Southern Norfolk Southern Corp.

Atlanta-based Class I railroad Norfolk Southern reported record third-quarter results on Oct. 27, exceeding Wall Street’s expectations, even as railroad officials said freight growth is being hampered by supply chain disruptions at seaports, intermodal facilities and in trucking.

Dan Ronan | Associate News Editor
October 28, 2021
Business, Logistics

Norfolk Southern Reports Decline in Q4 Earnings

Norfolk Southern train Norfolk Southern

Norfolk Southern Corp. saw its fourth-quarter revenue fall by 4% as freight volume fell in most of the commodities it moves.

Dan Ronan | Associate News Editor
January 28, 2021
Business, Logistics

Norfolk Southern Q3 Net Income Down; Revenue From Coal Shipments Plummets

Norfolk Southern train Revenue declined in all but one of the sectors in which Norfolk Southern moves freight: automotive, which rose 9% to $270 million. (Norfolk Southern Corp.)

Norfolk Southern Corp. carried 7% less freight in the third quarter, but the Class I railroad still beat Wall Street expectations when it reported third-quarter earnings Oct. 28.

Dan Ronan | Associate News Editor
October 28, 2020
Business

Norfolk Southern Sees Lower Q2 Earnings Due to Pandemic

Norfolk Southern Norfolk Southern

Norfolk Southern beat Wall Street’s expectations when the Class I railroad reported second-quarter earnings July 29.

Dan Ronan | Associate News Editor
July 29, 2020
Business, Logistics

Norfolk Southern’s Net Income, Revenue Decline

Norfolk Southern train Norfolk Southern

Norfolk Southern Corp. followed the trend of Class 1 railroads reporting record operating ratios, but net income and revenue dropped in the third quarter.

Dan Ronan | Associate News Editor
October 23, 2019
Business

Norfolk Southern 2Q Profit up 2% Despite Weaker Volume

Norfolk Southern Gene J. Puskar/Associated Press

Norfolk Southern Corp.’s earnings chugged ahead 2% even though the railroad hauled 4% less freight in the second quarter because it was able to raise its shipping rates.

July 24, 2019
Business, Logistics

Norfolk Southern Breaks Ground on Atlanta HQ

Norfolk Southern Gene J. Puskar/Associated Press

Railroad giant Norfolk Southern held a ceremonial turning of dirt March 26 to mark construction of the company’s new Midtown Atlanta headquarters, but the process of moving personnel from Virginia to Atlanta already is underway.

J. Scott Trubey | The Atlanta Journal-Constitution
March 27, 2019

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