Railroad News

Norfolk Southern EVP, CFO Earhart to retire, George named successor

Norfolk Southern Corp. announced yesterday that Executive Vice President and Chief Financial Officer Cynthia Earhart will retire on Nov. 1. She will be succeeded by Mark George.

Earhart joined NS in 1985 in the accounting department, where she held positions of increasing responsibility, including assistant VP, before transitioning to information technology.

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NS names Allen Sutherland, Farrell to new exec roles

Norfolk Southern Corp.'s board yesterday approved new responsibilities for Michael Farrell and Vanessa Allen Sutherland effective tomorrow.

As senior vice president of operations and mechanical, Farrell will assume responsibility for the railroad's transportation and mechanical functions.

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For Norfolk Southern, growth is predicated on a new TOP21 operating plan

Last year, NS' network planning and optimization group began developing TOP21 using computer modeling and simulation tools to analyze data and train flows, and to determine optimum network fluidity and velocity.Photo – Norfolk Southern Railway

By Jeff Stagl, Managing Editor

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NS posts record Q2 earnings, operating income

Rail News Home Norfolk Southern Railway 7/24/2019 Rail News: Norfolk Southern Railway
image NS Chairman, President and Chief Executive Officer James Squires noted that the company's "strong financial and operational performance" in the quarter was achieved while the railroad finalized its preparations for its new operating plan known as TOP21.Photo – nscorp.com

Norfolk Southern Corp. today reported second-quarter 2019 net income rose 2 percent year-over-year to $722 million as the result of a 4 percent increase in railway operations income.

NS posted diluted earnings per share of $2.70, up 8 percent over the same period a year ago and a second-quarter record, the company announced in a press release.

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Transition to new operating plan was 'smooth,’ NS says

Norfolk Southern Railway yesterday announced the transition to its new TOP21 operating plan earlier this month went smoothly.

The phase one roll out in July's first week in the merchandise network resulted in a seamless changeover with minimal impacts to customer service and network operations, NS officials said in a press release. The first phase focuses on the carload and automotive networks.

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