Norfolk Southern to present at 2017 UBS New York Transport Conference

Received via email

Norfolk Southern to present at 2017 UBS New York Transport Conference

NORFOLK, Va., July 27, 2017 – Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at:

UBS New York Transport Conference

Thursday, August 3, 11:15 a.m. ET

UBS Offices, New York, N.Y.

Webcast URL: https://cc.talkpoint.com/ubsx001/080317a_as/?entity=4_HW71IDP

The presentation will be posted at www.norfolksouthern.com in the Investors section.

About Norfolk Southern

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

Media Inquiries:

Susan Terpay, 757-823-5204 (susan.terpay@nscorp.com)

Investor Inquiries:

Katie Cook, 757-629-2861 (katie.cook@nscorp.com)

http://www.norfolksouthern.com

From the Archives: 1994 at CP West Portal!

Received via email

According to the book Hunterdon County Place Names, West Portal "...is probably the only place in the county to have had five names." Back in 1783 it was known as Jug Town. In later years it became known as Bethlehem (1843), to West End (1880), Ferndean (1888) to finally its current name of West Portal. During its existance CP West Portal (Lehigh Line MP 66.2) was one of my favorite locations along this line to photograph trains. There was no overhead wires to intrude upon a scene and the lush foliage, especially in the fall with Musconetcong Mountain taking on autumn hues, provided a nice backdrop to the scene.  In 1998 the tunnel’s west siding would be extended to Bloomsbury for a length of 12,500 feet with CP West Portal being relegated to the history books. Two photos from that location...

 

Close Clearance: A crew member of CR's TV-12, with forty TOFCs, checks clearances as it creeps by SPL-401 at 5 MPH on CR's LEHL at West Portal on March 6 1994. SPL-401 had battery problems on the high-and-wide dimensional car and was holding the siding until a new battery could be brought in. Bringing up the rear markers on SPL-401 would be a Westinghouse caboose. SPL-401 CR 7708 (GP38) would eventually become NS 2899. TV-12's 6779 (SD50) would eventually become CSX 2499.

 

D&H's 266 always provided a pleasant surprise with its power consist. In this May, 1994 scene D&H 266 is passing CP West Portal led by SOO 6030 (SD60) and a unidentified second diesel with a consist of TOFCs. Partly visble in the background is the I-78 overpass.

 

Norfolk Southern reports second-quarter 2017 results

received via email

Norfolk Southern reports second-quarter 2017 results

Achieves record operating ratio of 66.3 percent and increases 2017 share repurchase guidance to $1 billion

NORFOLK, Va., July 26, 2017 – Norfolk Southern Corporation (NYSE: NSC) today reported second-quarter financial results.

Second-quarter net income was $497 million, up 23 percent year-over-year, driven by a 15 percent increase in income from railway operations, and a record operating ratio. Diluted earnings per share were $1.71, up 26 percent year-over-year.

“Norfolk Southern’s strong financial results and all-time record operating ratio reflect the power of our team, successful execution of our dynamic plan, and focus on operating even more efficiently while providing high quality service to customers,” said James A. Squires, Norfolk Southern chairman, president and CEO. “We remain committed to our core pillars of safety, service, stewardship and growth as we continue to enhance operations across the organization. We are confident in our ability to reach our goals and deliver sustainable shareholder value in the near and long terms. As a result of our achievements to date and the confidence we have in our outlook, we are increasing this year’s share repurchase guidance by 25% to $1 billion.”

Second-quarter summary

·         Railway operating revenues of $2.6 billion increased 7 percent compared with second-quarter 2016, as overall volumes were 6 percent higher, reflecting growth within our major commodity categories of coal and intermodal.

·         Railway operating expenses increased $65 million, or 4 percent, to $1.7 billion as targeted expense reductions helped offset volume and inflation-related expenses.

·         Income from railway operations was $888 million, up 15 percent year-over-year, and the operating ratio, or operating expenses as a percentage of revenues, was 66.3 percent, an all-time record.

About Norfolk Southern

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

Media Inquiries:

Susan Terpay, 757-823-5204 (susan.terpay@nscorp.com)

Investor Inquiries:

Katie Cook, 757-629-2861 (katie.cook@nscorp.com)

http://www.norfolksouthern.com

Introducing the WoodsEdge Express and the Picnic Train!

received via email

0400
From:	Black River & Western Railroad
Reply-To:	info@blackriverrailroad.com
To:	brrhtmembers@blackriverrailroad.com

Ride the train to WoodsEdge Farm!

Now Arriving: New Events at BR&W Railroad! July 22-23: Mixed Freight Ride an authentic mixed freight train featuring equipment from Pennsylvania Railcar Restorations! Your train travels all the way from Flemington to Bowne Station, and will feature an exclusive photo opportunity at Bowne! Details and tickets available on our website. August 19-20: WoodsEdge Express NEW for 2017, a unique experience for the whole family, presented by BR&W in partnership with WoodsEdge Farm. Ride the train from Ringoes to Bowne Station, where you'll hop on the covered wagon for a visit to WoodsEdge Farm! Visit our website for details and tickets! August 19-20: Picnic Train NEW for 2017, ride the Picnic Train to Bowne Station for a peaceful summer picnic at our beautiful shaded grove! Visit our website for details and tickets! Summer Excursions & Bowne Station Local! Our Summer Excursions and the NEW " Bowne Station Local" are now operating most Saturdays and Sundays! On the Bowne Station Local, ride our newly rehabilitated railroad 2.5 miles from Ringoes towards Lambertville to our new stop at Bowne Station! Details and tickets available on our website! These trains run most Saturdays & Sundays through Labor Day!

Western NY railroading odds & ends!

Received via email

Made a three day trip recently out to the western NY in the Lockport area and encountered some interesting railroad sights along the way. Sooo... here goes!

 

  E8s at the Medina RR Museum-In 2007, the Medina Railroad Museum acquired a pair of 1953 vintage E8 Passenger Locomotives in their original New York Central Lightning Stripe paint scheme! #4080 and #4068 are presently being stored in Medina, NY near the museum. When shop time can be leased, a small group of volunteers is diligently working toward bringing both units up to FRA requirements for service on the museum's excursions between Medina and Lockport. The HO train layout inside the museum is huge! It measures 204 feet long and 14 feet wide.

 

  Snowplow GV 400783 in the Genesee Valley yard in Lockport-sits idle in the yard on a hot and humid July 17 summer's day.

 

  LTEX 95 in Dansville-still sporting its faded "Mississippi Export" heritage, LTEX 95 works at the LMC Industrial Contractors, a locomotive rebuilder facility. Mississippi Export Railroad is a 42-mile shortline railroad operating in the state of Mississippi from Pascagoula to Evanston. 

 

  Olcott's Tourist Information Center-is a 1942 vintage caboose of more recent CR heritage. This caboose's history prior to its CR days is unknown. It was dedicated as Olcott's tourist information center in April, 1989 and is sighted at the intersection of Routes 18 and 78. Inside the original interior remains almost intact and has an ample supply of brochures related to area attractions.

 

[NSInvest] Norfolk Southern to consolidate operating divisions to enhance service and gain efficiencies

received via email

Norfolk Southern to consolidate operating divisions to enhance service and gain efficiencies

NORFOLK, Va., July 18, 2017 -- As part of ongoing efforts to enhance customer service and improve operating efficiencies, Norfolk Southern (NYSE: NSC) plans to consolidate its Central Division headquarters operations in Knoxville into three surrounding divisions.

The consolidation, effective on or about Nov. 1, will reduce the number of operating divisions on NS’ system to nine from 10. Dispatching responsibilities now handled from the Central Division, which includes track primarily in Tennessee and Kentucky, will be divided among operating divisions headquartered in Birmingham, Ala., Decatur, Ill., and Fort Wayne, Ind.

The move will affect a total of about 50 employees who work at the Central Division headquarters in management, dispatching, and clerical positions. Dispatchers will have the opportunity to transfer to one of the other three divisions or apply for vacancies across the system. Administrative and clerical employees will be offered opportunities to apply for vacant positions elsewhere.

Current yard and field operations on the Central Division will not be affected by the headquarters closure but will be reassigned among the other three divisions. More than 250 employees will remain in Knoxville to provide safe and reliable service to local customers and support the yard’s role as a hub for through-train operations.

About Norfolk Southern

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

Media Inquiries:

Susan Terpay, 757-823-5204 (susan.terpay@nscorp.com)

Investor Inquiries:

Katie Cook, 757-629-2861 (katie.cook@nscorp.com)

http://www.norfolksouthern.com

June 10, 2002: Blue Unit Circus Train passes around Horseshoe Curve...

Received via email

With NS 8397 (ex-CR 6191) and NS 3228, Ringling Brothers Blue Unit Circus Train passes around Horseshoe Curve after completing a crew change and water stop for the animals in Altoona. The BUCT had departed Wilkes-Barre (PA) earlier in the day with CP power, switched over to NS power in Harrisburg (PA) before continuing its 1,629 mile journey to Oklahoma City and was scheduled to arrive on June 13 for its opening show performance on June 14. This train was 5,044 feet long, weighed in at 4,135 tons and would be handed off to BNSF in Kansas City (MO) for the remaining leg of this trip.

Mixed Freight to Bowne Station!

Received via email

Ride a mixed freight train all the way from Flemington to Bowne Station!

Ride the Mixed Freight to Bowne Station! One Weekend Only! On July 22-23, come ride a genuine mixed-freight train all the way from Flemington to Bowne Station! Your journey will include a brief stop at Ringoes, a unique photo opportunity at Bowne Station, and a short lecture about the history of mixed freight trains and Bowne Station. Historic freight equipment provided by Pennsy Railcar Restorations. Click here for details and tickets! Every Saturday & Sunday: Summer Excursions & Bowne Station Local! Our Summer Excursions and the NEW " Bowne Station Local" are now operating most Saturdays and Sundays! On the Bowne Station Local, ride our newly rehabilitated railroad 2.5 miles from Ringoes towards Lambertville to our new stop at Bowne Station! Details and tickets available on our website! These trains run most Saturdays & Sundays through Labor Day!