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.”
January 6, 2022Norfolk Southern
Government, Business, Safety, Logistics, TCA
An Alabama road construction sign. (Alabama DOT)
‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure
An Alabama road construction sign. (Alabama DOT)
Business, Equipment, Logistics
Gondola rendering. (Greenbrier/PR Newswire)
U.S. Steel, Norfolk Southern and Greenbrier Partner on New Steel 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 (left) and James Squires by Norfolk Southern Corp./PR Newswire
Alan Shaw to Succeed Jim Squires as Norfolk Southern CEO
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.
December 6, 2021
Business, Logistics
Norfolk Southern Corp.
Norfolk Southern Reports Record Q3 Results
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.
October 28, 2021
Business, Logistics
Norfolk Southern
Norfolk Southern Reports Decline in Q4 Earnings
Norfolk Southern
Norfolk Southern Corp. saw its fourth-quarter revenue fall by 4% as freight volume fell in most of the commodities it moves.
January 28, 2021
Business, Logistics
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 Q3 Net Income Down; Revenue From Coal Shipments Plummets
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.
October 28, 2020
Business
Norfolk Southern
Norfolk Southern Sees Lower Q2 Earnings Due to Pandemic
Norfolk Southern
Norfolk Southern beat Wall Street’s expectations when the Class I railroad reported second-quarter earnings July 29.
July 29, 2020
Business, Logistics
Norfolk Southern
Norfolk Southern’s Net Income, Revenue Decline
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.
October 23, 2019
Business
Gene J. Puskar/Associated Press
Norfolk Southern 2Q Profit up 2% Despite Weaker Volume
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
Gene J. Puskar/Associated Press
Norfolk Southern Breaks Ground on Atlanta HQ
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.
March 27, 2019