Norfolk Southern

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
Government, Business, Logistics, TCA

Port Authority in Pittsburgh Seeks $3 Million From Norfolk Southern for Derailment Costs

Norfolk Southern 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.

Megan Guza | The Tribune Review (Greensburg, Pa.)
February 7, 2019
Government, Business, Logistics, TCA

Norfolk Southern Confirms HQ Move to Atlanta

Norfolk Southern train 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.

Robert McCabe | The (Norfolk) Virginian-Pilot
December 12, 2018
Business, Logistics

Norfolk Southern Reports Record 2Q Earnings

Norfolk Southern train Emmit Tullos/Flickr

Norfolk Southern Corp. on July 25 reported record second-quarter earnings.

Dan Ronan | Associate News Editor
July 25, 2018