Norfolk Southern
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, 2020Norfolk 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, 2020Norfolk 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, 2019Norfolk 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, 2019Norfolk 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, 2019Port Authority in Pittsburgh Seeks $3 Million From Norfolk Southern for Derailment Costs
Gene J. Puskar/Associated Press
The Port Authority of Allegheny County in Pennsylvania is asking Norfolk Southern Corp. for $3 million to reimburse costs incurred during the August derailment at Station Square that disrupted light rail traffic for nearly three weeks.
February 7, 2019Norfolk Southern Confirms HQ Move to Atlanta
TT file photo
Norfolk Southern Corp. on Dec. 12 announced officially what had been expected for some time: that it will move its corporate headquarters from Norfolk, Va., to Atlanta.
December 12, 2018Norfolk Southern Reports Record 2Q Earnings
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Norfolk Southern Corp. on July 25 reported record second-quarter earnings.
July 25, 2018