Norfolk Southern Corp. Tuesday afternoon reported a first-quarter 2013 net profit of $450 million, or $1.41 a share, up from $410 million, or $1.23 a share, in the first quarter of 2012. First-quarter results included a gain from the sale of land to the Michigan Department of Transportation, which increased net income by $60 million, or 19 cents per diluted share.
Norfolk Southern has appointed Tom W. Schnautz assistant vice president research and advanced technology. Schnautz has assumed some of the responsibilities of Gerhard Thelen, including Positive Train Control (PTC) and research.
Norfolk Southern said Wednesday it was moving ahead in 2013 after coming off its second-best year ever for revenue, operating income, net income, and earnings per share.
Gilbert, S.C.-based Avtec, Inc. says Norfolk Southern has chosen the company’s Frontier-enabled Scout™ Voice over Internet Protocol (VoIP) consoles to replace aging equipment.
Norfolk Southern Railway Co. has been ordered to pay $1.1 million to three workers following an investigation by the Department of Labor’s Occupational Safety and Health Administration (OSHA), which found that the company violated the whistleblower provisions of the Federal Railroad Safety Act, OSHA said Thursday.