Railroad News

NS contributes funds to Georgia Tech sustainability program

Rail News Home Norfolk Southern Railway 11/17/2022 Rail News: Norfolk Southern Railway
image The program, which will launch in January next year, will help students and entrepreneurs put sustainability at the forefront of their innovations. Photo – Norfolk Southern Railway

Norfolk Southern Railway and the Georgia Institute of Technology are creating a technology program focused on sustainability.

Set to open in January 2023, the Advanced Technology Development Center (ATDC) Sustainability Technology Program is designed to help students and entrepreneurs place sustainability at the forefront of their innovations, Georgia Tech officials said in a press release. NS is contributing $750,000 toward the initiative for three years.

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NS sets revenue, earnings and income records in Q3

Rail News Home Norfolk Southern Railway 10/26/2022 Rail News: Norfolk Southern Railway
image The Class I reported Q3 net income soared 27% to $958 million compared with the same period a year ago. Photo – nscorp.com

Norfolk Southern Railway today announced its third-quarter financial results include new records for operating revenue, operating income, net income and diluted earnings per share. 

The Class I reported Q3 net income soared 27% to $958 million, or $4.10 diluted earnings per share, from $753 million, or $3.06 per diluted EPS, in the same period a year ago. Railway operating revenue of $3.3 billion reached an all-time quarterly record and climbed 17%.

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NS combines transportation, network operations; promotes Duncan

Norfolk Southern Railway has created a combined transportation and network operations organization and promoted Paul Duncan to lead the group as senior vice president.

Duncan will lead the team responsible for designing network operations, executing network plans and coordinating the movement of trains across the NS rail network, company officials said in a press release.

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Norfolk Southern donates funds to food pantries

Rail News Home Norfolk Southern Railway 9/29/2022 Rail News: Norfolk Southern Railway
image More than 34 million Americans — including 9 million children — are food insecure. Photo – Norfolk Southern Railway

Norfolk Southern Corp. yesterday announced a commitment of $400,000 in grants to 31 food banks located along its national network in an effort to combat food insecurity.

More than 34 million Americans — including 9 million children — are food insecure, meaning they have limited or uncertain access to adequate food, according to the U.S. Department of Agriculture.

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NS honors 48 chemical shippers with annual safety award

Rail News Home Norfolk Southern Railway 9/23/2022 Rail News: Norfolk Southern Railway
image The Class I chose 43 chemical manufacturers and five chemical plants as 2021 award winners. Photo – Norfolk Southern Railway

Norfolk Southern Corp. is presenting its 2021 Thoroughbred Chemical Safety Award to 48 shippers to recognize their efforts in safely handling the movement of hazardous materials.

The 43 chemical manufacturers and five chemical plants chosen as winners safely transported or originated 100% of their shipments over the railroad’s network without a single incident last year, NS officials said in a press release. The winners are listed here.

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