Norfolk Southern Corp. news

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Norfolk Southern Sues Buccini/Pollin Over Delaware Deal
Norfolk Southern Corp., the second-largest railroad in the eastern U.S., sued developer Buccini/Pollin Group Inc. contending it's illegally using land to build a movie theater complex that's a centerpiece of revitalization plans for Wilmington, Delaware.
Rail Yard Opens In Rossville
Those in the logistics industry have known since the end of June, but Norfolk Southern Corp.'s Memphis Regional Intermodal Facility at Rossville had its soft opening earlier this month.
Three Ways Norfolk Southern Can Cash In On The Shale Gas Boom
Norfolk Southern is suffering heavily from the decreased use of coal in the U.S. as it derives nearly 30% value from the coal freight business, which is its most valuable division, according to our analysis.
North Side tracks focus of federal inquiry
Norfolk Southern Corp., meanwhile, had crews working nonstop at the scene of the fiery crash, laying new railroad tracks in an effort to get the busy stretch of railway back online as soon as federal regulators signed off on the repairs.
Freight train derails, triggers fiery explosion in Ohio  Christian Science Monitor
Ohio freight train derails, causing fiery blast  Fox News
Teen on tracks struck and killed by freight train in Wentzville
A Norfolk Southern Corp. official said that the teen was wearing earphones or ear buds and apparently did not hear the train horn when the crew sounded it.
Investment Banks Step Up Job Cuts in Asia
HONG KONG—Global investment banks are ramping up their job cuts in Asia as the slowing economy, weak trading and stiff competition undercut the growth expectations they had for the region.
Second public hearing set to discuss proposed expansion of Plainwell's Drug ...
Joles said the final phase of the expansion plan would be the installation of a railroad spur, which would be connected to the Norfolk Southern Corp. railroad that runs between Kalamazoo and Grand Rapids. Tyson said the state will determine whether ...
Congress Nears Showdown Over Food-Stamp Funding
WASHINGTON—House and Senate lawmakers are headed for a collision over funding for food stamps, the big nutrition-assistance program for low-income Americans, in the latest skirmish in the larger battle over the size and scope of federal entitlement ...
Trio of visionaries proposes new route to prosperity in Charlotte
Norfolk Southern Corp. is building a 200-acre intermodal yard to… more. photo NANCY PIERCE. The proponents are Tony Zeiss, president of Central Piedmont Community College; Michael Gallis, a regional development strategist; and Chase Saunders, ...
J&J Penalty May Total $2.2 Billion
Johnson & Johnson JNJ 1.15 % and federal prosecutors have reached a deal that would settle investigations into the company's marketing practices for as much as $2.2 billion, including a roughly $400 million criminal fine for the illegal promotion of ...