norfolk southern

June employment levels at the U.S. operations of the Class I railroads were roughly flat with May, growing 0.8% amid a 21% growth in U.S. rail volumes. Headcount at Class I U.S. rail operations totaled 115,931 employees in June, according to data submitted to the Surface Transportation Board. That...

CSX has resubmitted its application to acquire New England short line Pan Am Railways, saying the new filing provides a more in-depth market analysis that federal regulators were seeking. The railroad is seeking to prove to regulators and existing and potential Pan Am customers how the acquisition...

Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A SPAC, a couple of retailers and a railroad operator saw notable insider buying this past week. One chief executive officer added to two different stakes last week....

Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. Some insiders have taken advantage of recent biotech initial public offerings. Some chief executives also stepped up to the buy window this past week. Conventional wisdom says that...

The Class I railroads are considering retaining some of the measures they implemented to scale down operations as a result of the coronavirus pandemic, according to comments some executives have made at recent industry conferences. "I'm very confident that as we do add back resources, we will not...

Norfolk Southern (NYSE: NSC) has restructured some of its departments amid the departure of Chief Strategy Officer John Scheib on June 1. Strategy and operations functions previously led by Scheib will be integrated into the finance, operations, and marketing divisions of Norfolk Southern (NS) to...

Southeastern U.S. ports are expanding capacity to handle larger container vessels and/or increased rail traffic. Here are some recent updates at the ports of Savannah and Charleston: Mason Mega Rail Milestone Enables Rail Capacity Expansion The Port of Savannah is poised to expand service and...

Railroad giant Norfolk Southern Corp.'s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said.  Norfolk Southern (NYSE: NSC) reported its operating and financial results for the fourth quarter of 2019 before the market opened Wednesday. Norfolk Southern (NS)...

A railroad bridge used by Norfolk Southern (NYSE: NSC) has collapsed into the Grand River in Missouri. Unbelievable. pic.twitter.com/2kPJqTtR5D — Jeff Nail (@jeffnail2) October 2, 2019 According to the Railway Track and Structures (RT&S) website, Norfolk Southern has suspended service in...

Norfolk Southern's (NYSE: NSC) second quarter net profit rose slightly as the company prepared to launch the next phase in its new precision scheduled railroading (PSR) operating model. Net profit increased 2 percent to $722 million in the second quarter compared with the same period in 2018....

Shares of Norfolk Southern Corp. (NYSE: NSC) were highly volatile on Tuesday after reports surfaced that Canadian Pacific Railway Limited (NYSE: CP) plans on abandoning its proxy fight for Norfolk Southern. Norfolk Southern's stock was trading at an intra-day high of $73.29 on Tuesday before...