First time to the legislative table: NS, Amtrak and PennDOT in Pittsburgh

The Pittsburgh Downtown Partnership has released its testimony from a Aug. 23 hearing regarding increasing rail service to western Pennsylvania. “I think it’s one of the first times that Amtrak, PennDOT and Norfolk Southern were all at the same table answering questions from legislators on this issue,” says Lucinda Beattie, Vice President of Transportation for the Pittsburgh Downtown Partnership, a business advocacy group focused on the revitalization of Pittsburgh.

Houfek from CSX to DCLI

Direct ChassisLink, Inc. (DCLI) announced that Ryan Houfek has joined the firm as Senior Vice President, Business Development.

Safety, diversity and energy efficiency outlined in NS sustainability report

Norfolk Southern believes it has the answer to what efficiency looks like: Cleaner-running locomotives; greater energy efficiency; support for safer communities; fewer workplace injuries and a more diverse workforce.

Norfolk Southern brings safety campaign to Indiana

Norfolk Southern is bringing its Train Your Brain public safety campaign to Indiana to encourage motorists to be smart and safe when crossing train tracks.

Reading & Northern Railroad celebrates takeover of rail service to Humboldt Industrial Park

To celebrate its acquisition, Reading & Northern Railroad (R&N) welcomed over sixty guests on a passenger train trip through the Humboldt Industrial Park on Tuesday, July 26, 2016.

For NS, a record-low operating ratio

Like most of its peers, Norfolk Southern’s second-quarter 2016 volume, revenues and income were down compared to the same period last year, but the railroad managed lower its operating ratio to below 70% and expects to sustain that for the remainder of the year.

Rail Insights: Norfolk Southern and CNG

From Chicago, and Railway Age’s Rail Insights Conference and Expo today, June 8: William C. Vantuono, Editor-in-Chief, Railway Age: What is the status of Norfolk Southern’s compressed natural gas (CNG) locomotives?

ASLRRA honors four short lines for marketing achievements

The American Short Line and Regional Railroad Association recognized four short lines on May 18, 2016 “for their efforts in designing and enacting innovative and successful marketing initiatives in the challenging small railroad industry.”

Commentary

Hunter Harrison: Disrupting the status quo

National Transportation Policy mandates that railroads be managed efficiently. While railroad performance is reflective of improvement, some railroads excel, with the reasons increasingly under digital scrutiny by activist money managers entrusted with investments of foundations, endowments and pension funds seeking superior returns.

Jason Seidl: NS valuation “remains too cheap”

“We would still be buyers of Norfolk Southern stock,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl wrote in Reiterate Outperform—Just the Tip of the Iceberg, on May 5, 2016.

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