NS video describes the perils of unbalanced regulation
The images are stark and disturbing: Freight cars rocking and rolling down a rickety right-of-way. Derailed equipment. Loose rail joints. Soggy, cracked ties.
Norfolk Southern
Funds may aid Virginia Beach to buy right-of-way
Scrambling belatedly to secure light rail transit service after rejecting same a decade ago, Virginia Beach, Va., may receive a $20 million state grant to acquire 10.6 miles of Norfolk Southern right-of-way within the municipality. The route, if acquired, would almost certainly become an addition to “The Tide” light rail line now being constructed in neighboring Norfolk, which ends at the Virginia Beach border.
Norfolk Southern eyes Pennsylvania intermodal site
Continuing its advancement of the Crescent Corridor, Norfolk Southern appears ready to begin developing a major intermodal hub in Chambersburg, Pa., near the Maryland border, in conjunction with the Franklin County (Pa.) Area Development Corp. Corporation President L. Michael Ross said the NS site will be accessible by road via Exit 3 of Interstate 81 in what will be the Antrim Commons Business Park.
NS honors mechanical employees’ safety record
Norfolk Southern says the employees in its mechanical department turned in a history-making safety performance in 2008, completing the year with a reportable injury ratio of 0.53, the lowest ever achieved by any operating department at Norfolk Southern.
How Norfolk Southern will spend $1.4 billion
Norfolk Southern’s 2009 capital spending program, totaling$1.412 billion, is the railroad’s second-largest in five years. It is exceeded by 2008’s $1.556 billion, but tops expenditures of $1.341 billion in 2007, $1.178 billion in 2006, and $1.025 billion in 2005.
MidAmerica Corridor under way
The MidAmerica Corridor, a new trackage rights agreement between CN and Norfolk Southern, is designed to establish shorter, faster routes for merchandise and coal traffic moving between the Midwest and Southeast.