WILLIAMSBURG Norfolk Southern Corp. shareholders attending the company's annual meeting in Williamsburg on Thursday got a quick recap of the railroad's best year, weeks before its 30th anniversary on June 1. "We topped $11 billion in revenue for the first time," said CEO Wick Moorman, who also cited 2011 records for operating income, net income and earnings per share.

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Though mild winter weather sapped its coal-hauling revenues, Norfolk Southern Corp. on Tuesday reported record first-quarter profit, up 26 percent.
Net income for the Norfolk-based railroad was $410 million, or $1.23 cents a share, for the quarter that ended March 31, up from $325 million, or 90 cents a share, in the first quarter of 2011.

NORFOLK Gas prices are soaring, money and the job market are tight, and foreclosures are still common across much of the country. Yet Norfolk Southern Corp., the nation's fourth-largest railroad, had its best year ever in 2011, reporting a record annual profit of $1.9 billion, up 28 percent from 2010 and 85 percent from 2009.

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.

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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.

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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.