Norfolk Southern Archive
NORFOLK Norfolk Southern Corp. announced Thursday that by the end of the year it plans to hire 500 employees in eight states, including Virginia, where positions are available in Manassas and Roanoke.
NORFOLK
Norfolk Southern Corp. on Wednesday reported that third-quarter profit rose 24 percent from the same period a year ago.
The railroad's performance in the quarter was bolstered by double-digit revenue gains across all of its business segments.
Norfolk Southern Corp. is about to start a new double-stack rail service connecting the port of Hampton Roads with central North Carolina. The new service will start in mid-October, the Virginia Port Authority announced last week.
NORFOLK
Norfolk Southern Corp. on Tuesday reported that net income in the second quarter of 2011 rose 42 percent, driven by double-digit revenue gains across its business.
Net income for the Norfolk-based railroad totaled $557 million, or $1.56 a share, for the quarter that ended June 30, up from $392 million, or $1.04 a share, in the second quarter of 2010.
NORFOLK Norfolk Southern Corp. announced Wednesday that its profit for the first quarter of 2011 rose 26 percent, spurred by higher volumes across its business. Net income for the Norfolk-based railroad was $325 million, or 90 cents a share, for the quarter that ended March 31, up from $257 million, or 68 cents a share, in the first quarter of 2010.
NORFOLK Striving to keep up with surging demand for coal, Norfolk Southern Corp. ordered 1,500 coal cars from FreightCar America Inc.'s Roanoke shops. The Norfolk-based railroad's $100 million order was announced Monday by Gov. Bob McDonnell, who said the order would create about 200 jobs in Roanoke.
NORFOLK Norfolk Southern Corp. announced Tuesday that its profit for the fourth quarter of 2010 rose 31 percent, driven by higher volumes across the railroad's business. Net income for the Norfolk-based railroad was $402 million, or $1.09 cents a share, for the quarter that ended Dec. 31, up from $307 million, or 82 cents a share, in the fourth quarter of 2009.
NORFOLK Norfolk Southern Corp. announced Wednesday that its third-quarter profit rose 47 percent from a year ago, as revenues grew by double-digit margins across all of its business groups. Net income totaled $445 million, or $1.19 a share, for the quarter ended September 30, up from $303 million, or 81 cents a share, in the third quarter of 2009.
By Jeff Sturgeon BELSPRING Three years of work to raise the roof - or lower the floor - in railroad tunnels came to fruition when two black locomotives pulling a load of colorful shipping containers emerged from the 3,302-foot Cowan Tunnel north of Radford.
NORFOLK Norfolk Southern is working to reduce its carbon footprint.
The Norfolk-based railroad company says it has set a five-year goal to save fuel and improve efficiencies.
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