Friday, January 08, 2016

CSX and the Conservation Fund Announce 2015 Grant Recipients

Received Via e-mail

 
January 7, 2016
CSX and the Conservation Fund Announce 2015 Grant Recipients

Supporting Food Transportation and Distribution Capacity of Local Organizations 

ARLINGTON, Va. (January 7, 2016) – CSX and The Conservation Fund today announced the grant recipients for the 2015 Grant Program for Transporting Healthy Food. Twelve charitable organizations in Alabama, Georgia, Kentucky, North Carolina, New York, Pennsylvania, Tennessee, Virginia and West Virginia will receive grants ranging from $4,000 to $10,000 to support and strengthen local transportation and distribution of fresh produce and healthy food to communities in need.

The grant program, now in its second year, enhances the delivery capabilities of food producers and distributors, and thereby improves the availability of healthy food. The grants will help provide the resources and infrastructure that these organizations need to store, package and distribute fresh food and produce. Combined, the 12 recipient organizations provide over 82 million pounds of food or 69 million meals to approximately 2.5 million people each year.

As one of the nation’s premier transportation companies, CSX recognizes the important role that transportation serves in bringing goods like food and agricultural products to communities.

“At CSX, it’s our job to move essential products safely and efficiently,” said Tori Kaplan, Assistant Vice President, Corporate Social Responsibility, CSX. “We’re proud to continue our focus on transportation by working with The Conservation Fund to support local organizations that connect residents with healthy, affordable food.”

The Conservation Fund, a national nonprofit dedicated to finding conservation solutions that balance environmental and economic needs, has partnered with CSX to address gaps in local food distribution and find local partners who can help enhance delivery capabilities. Since the program’s establishment in 2014, the grant funding is projected to enable recipient organizations collectively serve an additional 150,000 families with more than nine million pounds of food and increase the number of meals provided by 4.5 million.

“These grants are helping improve our entire food chain from the field to the fork,” said Kris Hoellen, Senior Vice President of Sustainable Programs at The Conservation Fund. “Local food organizations are unsung heroes working tirelessly to make healthy, fresh food a convenient, practical and affordable option for consumers as well as a viable career option for our working farmers. We are thrilled to partner with CSX to help these groups expand their food network, while supporting local farms.”

Grant Recipients 

Alderson Community Food Hub, Alderson, W.V. 
The Alderson Community Food Hub connects everyone from producers to consumers. It strives to provide access to nutritious food, foster community participation and cultivate an awareness of sustainable food systems in the Greenbrier Valley. The organization will use the grant funds to purchase and install a walk-in refrigerated container for aggregation and storage of fresh produce, for delivery to local schools and to serve its growing mobile market program.

Berea Neighborhood Food Project, Berea, Ky.
Berea Neighborhood Food Project is a non-profit working with neighborhoods to help people grow food from their yards, with their neighbors. It will use the grant to build a mobile produce cart that will serve low income and high risk communities by distributing free produce and staple foods, as well as provide educational, nutrition based workshops and connect communities with SNAP Double Dollars and Farmers Market WIC vouchers.

City Harvest, New York, N.Y.
Founded in 1982 as the world’s first food rescue organization, City Harvest is dedicated to helping feed the nearly 1.4 million New Yorkers facing hunger. City Harvest will collect 55 million pounds of excess food from restaurants, grocers, bakeries, manufacturers, and farms, and deliver it free of charge to 500 community food programs across the city this year. The organization will use the grant to purchase over 31,800 heavy-duty produce bags (enough to hold 950,000 pounds of food) and to offset the cost of leasing six of their 21 refrigerated distribution trucks.

FACES Food Pantry, Inc., Farmville, Va. 
Farmville Area Community Emergency Services (FACES) Food Pantry, Inc. is one of the largest and most efficient food agencies in Virginia providing emergency and supplementary food of high nutritional quality to qualified residents of Prince Edward County and portions of Charlotte and Cumberland Counties. FACES distributes food weekly to an average of 960 households representing 1,358 individuals carefully screened to document need. It will use the grant to support the purchase of a used refrigerated truck to allow FACES to significantly increase produce distribution through 15 food pantries in eight rural Virginia counties.

Global Growers Network, Stone Mountain, Ga. 
Global Growers Network grew out of the tremendous demand among international farmers, many who came to Atlanta as refugees of war, to reconnect to their agricultural heritage in their new home. Recognizing this exceptional talent, Global Growers connects local families to land, education, and markets in order to build healthier communities and strengthen the local economy. With this grant, Global Growers will establish two mini-aggregation hubs in Georgia to supply The Common Market Georgia – its local food hub – with a greater volume of high quality local produce for the wholesale markets that reach vulnerable populations.

Local Environmental Agriculture Project, Inc., Roanoke, Va.
Local Environmental Agriculture Project Inc. (LEAP) is a Roanoke-based non-profit organization that nurtures healthy communities and resilient local food systems. LEAP does this by connecting the dots between local farmers, food producers, and community members. The organization will use the grant to purchase an outdoor walk-in to provide additional cold storage for LEAP Food Hub and LEAP Mobile Market.

Lynchburg Grows, Lynchburg, Va.
Lynchburg Grows is an urban farm that takes a hands-in-the-dirt approach to teaching others how sustainable food production promotes a healthy planet. The organization will use the grant to replace an existing 50-year-old cold storage box in order to allow expansion of current operations, including improving access to fresh produce in Lynchburg’s food deserts.

Mt. Vernon Community Garden, Cleveland, N.C.
Mt. Vernon Community Garden is a 25-acre area that serves as a free market for health and wellness. The group encourages 4-H participation for the youth, intergenerational mentoring, and self reliance by growing fresh fruit and vegetables; provides food for the food bank; and promotes exercise, health and wellness in the community. Mt. Vernon Community Garden will use the grant toward the purchase of a "Veggie Van" to deliver fresh vegetable to food insecure families in Rowan County, N.C.

My Mobile Market, Williamson, W.V.
The Williamson Farmers' Market’s My Mobile Market brings fresh, local produce to community members, encourages healthy eating habits and provides an outlet for local farmers and gardeners to sell home grown foods and veggies. The organization will use the grant to expand and develop its community supported agriculture (CSA) project with purchase of a delivery vehicle.

Second Harvest Food Bank of Middle Tennessee, Nashville, Tenn. 
Since 1978, Second Harvest Food Bank of Middle Tennessee has provided a central distribution center for companies, groups and individuals who wished to help provide food for hungry people in Middle Tennessee. Second Harvest’s mission is to feed hungry people and work to solve hunger issues in the community. With this grant, Second Harvest will purchase additional totes to store and transport fresh green beans rescued through its innovative Green Bean Project, while keeping the beans fresher for longer.

Town of Thomaston, Thomaston, Ala.
The grant will be used by the Town of Thomaston—defined by the U.S. Department of Agriculture as a food desert—to supply a cold storage bin/produce box for Dave’s Market, which has agreed to locate in the town. With the new equipment the market will be able to provide fresh meats and produce to the citizens in and around Thomaston.

Weinberg Northeast Regional Food Bank, Jenkins Township, Pa.
The Weinberg Northeast Regional Food Bank provides food assistance to faith-based and non-profit community organizations to distribute to needy families in four counties in Northeast Pennsylvania: Luzerne, Lackawanna, Susquehanna, and Wyoming. By collecting donations of wholesome but unmarketable food from the food industry and distributing it to these organizations, the Food Bank works to reduce hunger and promote proper nutrition in addition to preventing food waste. The grant funds will be used to pay a portion of the operating lease expense for a new refrigerated box truck for the food bank operations.



About CSX 
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 190 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.  More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).

About The Conservation Fund
At The Conservation Fund, we make conservation work for America. By creating solutions that make environmental and economic sense, we are redefining conservation to demonstrate its essential role in our future prosperity. Top-ranked for efficiency and effectiveness, we have worked in all 50 states since 1985 to protect more than 7.5 million acres of land. www.conservationfund.org

Thursday, January 07, 2016

[CRRNJ] Tri-State Monthly Meeting 1/14/2016

TRI-STATE RAILWAY HISTORICAL SOCIETY
Presents Bill McKelvey
"Don Oberding: Trolley-Fest" 
3 decades of trolleys and urban electric railways 

Thursday, January 14, 2016, 7:00 PM
at the Bickford Theater of the Morris Museum

6 Normandy Heights Road, Morristown, NJ 07960

The January 14th meeting will kick off 2016 (our 52nd year) with Bill
McKelvey will sharing a selection of images a selected from the late Don
Oberding's extensive slide collection. Don seems to have travelled
extensively across the US and internationally and collected a wide variety
of trolley and urban electric railway subjects.

Most large cities across the country have had trolleys or some variation and
we are lucky to have these to see from the 1950's to the 1970's. Here is a
limited list of locations: Los Angeles, Chicago, Kansas City, St. Louis, San
Francisco, Atlanta, New Orleans, Boston, Detroit, Toronto, Mexico.

There seems to also be some other nuggets of other diverse operations
including steam. These images are not to be missed!

Admission is free, open to the public. All are welcome. The meeting will
begin at 7:15 p.m. The programs usually begin about 8:00 p.m. Light
refreshments are often available. We will have a selection of books, videos
and memorabilia for sale before the meeting. Visit us at
facebook.com/tristaterail.org or the web: TRISTATERAIL.ORG

Wednesday, January 06, 2016

Happy New Year from GSD & This Weekend Events



Golden
                                                          State Logo

Greetings!

Wishing all our Garden State Division Members

A Happy, Healthy and Prosperous New Year.

+++++++++++++++++++++++++++++++++++++++++++++++

Looking to see great Model Train Layouts?
This weekend two of the clubs in the Garden State Division will be having open houses to celebrate the holiday season. 
Following is information that has been passed on to us about their shows. 

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 
The New York Society of Model Engineers
341 Hoboken Road 
Carlstadt, New Jersey 07072
January 2 & 3, 2016
Saturday & Sunday Afternoons 1:00 to 6:00PM
Donation ask $7 for adults; $1 for children under 12.   
Web Site: ModelEngineers.org
$1.00 off admission at Society Facebook page

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 
The Garden State Model Railway Club
575 High Mountain Road 
North Haledon, New Jersey 07508
January 2 & 3, 2016
Saturday & Sunday Afternoons 1:00 to 5:00PM
Adults $6, Children under 12 FREE with Adult
 
 ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Save the Date

the 

GSD Winter Meet


 January 23rd, 2016

9:00 am Start

Location
Dater Elementary School
35 School Street
Ramsey,  NJ 
For additional information click below


Snow date is February 6th, 2016

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Like many of us, I have a shelf, NO it's a few shelves, and a few big Dell computer boxes full of unbuilt kits. 
So, my New Year's resolution -- 
Take the first kit I lay hands on and build it, no matter what it is.


Happy New Year,
Andy Brusgard, e-mail clerk
Garden State Division - National Model Railroad Assoc

 Garden State Division
National Model Railroad Assoc.

Tuesday, January 05, 2016

Norfolk Southern Board of Directors Unanimously Rejects Publicly Disclosed, Revised Proposal from Canadian Pacific

 Received via e-mail

 Norfolk Southern Corporation (NYSE: NSC) (“the Company”) today announced that its board of directors has unanimously rejected Canadian Pacific’s (TSX:CP) (NYSE:CP) Dec. 16, 2015, publicly disclosed, revised proposal to acquire the Company for $32.86 in cash, a fixed exchange ratio of 0.451 shares in a new company that would own Canadian Pacific and Norfolk Southern, and 0.451 of a Contingent Value Right. 

The following is the text of the letter that was sent on Dec. 23, 2015, to Canadian Pacific’s Chief Executive Officer, E. Hunter Harrison, and its Chairman of the Board, Andrew F. Reardon.

December 23, 2015

Mr. E. Hunter Harrison                                                                                   Mr. Andrew F. Reardon
Chief Executive Officer                                                                                  Chairman of the Board
Canadian Pacific Railway                                                                               Canadian Pacific Railway
7550 Ogden Dale Road S.E.
Calgary, AB T2C 4X9
Canada

Dear Mr. Reardon and Mr. Harrison:

The board of directors of Norfolk Southern has carefully reviewed your latest revised proposal, which you publicly disclosed on December 16, but have not otherwise communicated to us. That review was conducted with the assistance of our independent financial, legal and regulatory advisors. In its review, the board noted that the only change from your prior proposal was to include a Contingent Value Right (“CVR”).

The board of Norfolk Southern has unanimously determined that your latest revised proposal is grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome, and is not in the best interest of the Company and its shareholders. This would be the case even if the CVR had a value at the high end of the range suggested in your publicly filed presentation. In fact, our financial advisors believe that the CVR would trade at a significant discount.

In addition, you have not addressed the significant regulatory issues that we have previously identified. We do not believe that your voting trust structure would be approved. As you know, our view reflects careful analysis by our regulatory experts and is fully supported by two former Surface Transportation Board (“STB”) Commissioners. You have a path to seek a declaratory order from the STB as to whether the voting trust structure that you proposed could work. The STB has clear, statutorily-established authority to issue declaratory orders to remove uncertainty, and there is precedent for it in the voting trust context. No involvement by Norfolk Southern is required for you to seek a declaratory order regarding the legality of putting Canadian Pacific into a voting trust under your proposed structure. Your decision not to seek an order shows a lack of confidence in your proposed structure.

You continue to publicly declare that we are not “engaging” or “meeting” with you. There is no basis to meet until you both make a compelling offer and address the regulatory issues, which you have the ability to do by seeking a declaratory order. We also note your repeated public statements that you are not willing to increase your offer regardless of whether we were to meet.

The Norfolk Southern board of directors is focused on protecting the interests of our shareholders. It would be inconsistent with the duties of the board to pursue a risky and uncertain offer that substantially undervalues the Company. Accordingly, the board of directors has unanimously rejected your latest revised proposal.

Sincerely,

/S/                                                                                                                          /S/

Jim Squires                                                                                                         Steven Leer
Chairman, President and                                                                              Lead Director
Chief Executive Officer

Morgan Stanley & Co. LLC and Bank of America Merrill Lynch are acting as financial advisors to Norfolk Southern Corporation and Skadden, Arps, Slate, Meagher & Flom LLP, Hunton & Williams LLP and Morrison & Foerster LLP are acting as legal advisors.

Monday, January 04, 2016

Norfolk Southern announces additional actions to improve efficiency and reduce operating costs

 received via e-mail

NORFOLK VA., Dec. 22, 2015 – Norfolk Southern (NYSE: NSC) announced today it will consolidate operations of its coal docks located on Lake Erie in Northern Ohio. This change will streamline operations for customers while improving network efficiency and reducing operating costs for Norfolk Southern.

NS plans to idle its Ashtabula, Ohio, Coal Pier and shift operations to the railroad’s Sandusky, Ohio, Dock. Ashtabula will continue to operate until all coal inventories have been transloaded, which is expected to be completed by May 2016. The facility will remain idled until and if market conditions warrant reopening.

“Norfolk Southern is committed to providing shippers with an efficient transportation network, and we are actively addressing the industry-wide decline in coal volumes by streamlining operations and positioning our railroad for long-term success,” said David Lawson, NS vice president coal marketing.

The consolidation will help Norfolk Southern achieve efficiencies by reducing capital investment requirements and employee headcount.  A total of 21 positions will be affected as part of the transition. These employees can apply for other positions at the company. Earlier this month 13 employees at Ashtabula were furloughed due to coal market conditions. Six employees will continue to oversee security and environmental systems at Ashtabula.

Norfolk Southern has owned and operated the Ashtabula coal pier since 1999.  The facility primarily serves the thermal coal market, transloading coal from Ohio, Pennsylvania, and West Virginia to Canada and U.S. destinations by ship. CSX also has rights to use the Ashtabula dock.

“Coal has been – and continues to be – a significant part of Norfolk Southern’s heritage of service and success,” said Mike Wheeler, NS senior vice president operations. “Our customers depend on us to provide a high-performing, 21st Century transportation option that is safe, efficient, and reliable. Norfolk Southern is adapting to evolving market conditions by realizing efficiencies and optimizing our infrastructure to support long-term growth.”

Ohio is a strategic part of Norfolk Southern’s 22-state rail network. NS operates 2,200 miles of track and employs more than 3,700 people in the state, providing connections to domestic and international markets for Ohio-based manufacturers and businesses.  In 2014, NS doubled the size of its Bellevue, Ohio, yard in a $160 million expansion project, creating the largest rail classification yard in the eastern U.S.

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 20,000 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.

Sunday, January 03, 2016

Denver Union Station at Night, Lit Up for Christmas

Received Via E-Mail from Nathan Clark

Two really neat night photographs taken by a dear friend from high school and college days who now lives near Denver. Recalling my interests in railroading, she forwarded these pictures of how the season is celebrated at this restored downtown landmark that dates back to 1881. She also shared a bunch of interior and daylight exterior views. An example of a stellar structure that was notleveled during America's 'urban renewal' blitz in the Sixties and Seventies to make another parking lot.

The red and green streaks in the sky to the right of the station in the first (more distant) shot are Christmas lights strung out onto the horizontal booms of tower cranes in the background, looming high above city center construction sites. A number of such cranes were similarly adorned in Denver, as were their vertical towers...a nice touch on the city's night horizon. The amount of effort involved in stringing all of those lights in those precarious places astounds even me, who climbed a fair number of tall towers a few decades back. 


Enjoy these images and have a Happy New Year!


Wednesday, December 30, 2015

Received Via E-Mail

In contrast to my dawn panned view on December 12 of one of the four LASCO Umformtechnik GmbH forge components on heavy-duty flat cars at Cresson, PA, here is a full daylight view of one taken the previous day at Norfolk Southern's Enola Yard near Harrisburg. The foursome was destined for Ellwood Crankshaft's $80 million project to convert the former Sharon Westinghouse plant's Z Building along Sharpsville Avenue to manufacturing the largest internal combustion engine crankshafts in the world. One wag observing the U-shaped frame components suggested that 'U might stand for ugly', but I think the residents of Mercer County would counter that the tremendous investment in the Shenango Valley that has brought these new industrial machines to town represents a thing of beauty.

An idea of what the two enormous forges (
assembled from the four frame pieces) will look like in service, above and below the plant floor, can be seen in the illustrations under the headings of 'Performance', 'Innovation' and 'Safety' on pages 11-13 of this manufacturer's brochure:
    http://www.lasco.de/umformtechnik/media/archive2/technische_informationen/Hydraulische_Schmiedehaemmer_2012_E.pdf

Tuesday, December 29, 2015

Norfolk Southern Board of Directors Unanimously Rejects Publicly Disclosed, Revised Proposal from Canadian Pacific

 Received via e-mail

 Norfolk Southern Corporation (NYSE: NSC) (“the Company”) today announced that its board of directors has unanimously rejected Canadian Pacific’s (TSX:CP) (NYSE:CP) Dec. 16, 2015, publicly disclosed, revised proposal to acquire the Company for $32.86 in cash, a fixed exchange ratio of 0.451 shares in a new company that would own Canadian Pacific and Norfolk Southern, and 0.451 of a Contingent Value Right.

The following is the text of the letter that was sent on Dec. 23, 2015, to Canadian Pacific’s Chief Executive Officer, E. Hunter Harrison, and its Chairman of the Board, Andrew F. Reardon.

December 23, 2015

Mr. E. Hunter Harrison                                                                                   Mr. Andrew F. Reardon
Chief Executive Officer                                                                                  Chairman of the Board
Canadian Pacific Railway                                                                               Canadian Pacific Railway
7550 Ogden Dale Road S.E.
Calgary, AB T2C 4X9
Canada

Dear Mr. Reardon and Mr. Harrison:

The board of directors of Norfolk Southern has carefully reviewed your latest revised proposal, which you publicly disclosed on December 16, but have not otherwise communicated to us. That review was conducted with the assistance of our independent financial, legal and regulatory advisors. In its review, the board noted that the only change from your prior proposal was to include a Contingent Value Right (“CVR”).

The board of Norfolk Southern has unanimously determined that your latest revised proposal is grossly inadequate, creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome, and is not in the best interest of the Company and its shareholders. This would be the case even if the CVR had a value at the high end of the range suggested in your publicly filed presentation. In fact, our financial advisors believe that the CVR would trade at a significant discount.

In addition, you have not addressed the significant regulatory issues that we have previously identified. We do not believe that your voting trust structure would be approved. As you know, our view reflects careful analysis by our regulatory experts and is fully supported by two former Surface Transportation Board (“STB”) Commissioners. You have a path to seek a declaratory order from the STB as to whether the voting trust structure that you proposed could work. The STB has clear, statutorily-established authority to issue declaratory orders to remove uncertainty, and there is precedent for it in the voting trust context. No involvement by Norfolk Southern is required for you to seek a declaratory order regarding the legality of putting Canadian Pacific into a voting trust under your proposed structure. Your decision not to seek an order shows a lack of confidence in your proposed structure.

You continue to publicly declare that we are not “engaging” or “meeting” with you. There is no basis to meet until you both make a compelling offer and address the regulatory issues, which you have the ability to do by seeking a declaratory order. We also note your repeated public statements that you are not willing to increase your offer regardless of whether we were to meet.

The Norfolk Southern board of directors is focused on protecting the interests of our shareholders. It would be inconsistent with the duties of the board to pursue a risky and uncertain offer that substantially undervalues the Company. Accordingly, the board of directors has unanimously rejected your latest revised proposal.

Sincerely,

/S/                                                                                                                          /S/

Jim Squires                                                                                                         Steven Leer
Chairman, President and                                                                              Lead Director
Chief Executive Officer

Morgan Stanley & Co. LLC and Bank of America Merrill Lynch are acting as financial advisors to Norfolk Southern Corporation and Skadden, Arps, Slate, Meagher & Flom LLP, Hunton & Williams LLP and Morrison & Foerster LLP are acting as legal advisors.

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 20,000 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.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995, as amended, including but not limited to statements regarding the indication of interest made by Canadian Pacific Railway Limited.  In some cases, forward-looking statements may be identified by the use of words like “believe,” “expect,” “anticipate,” “estimate,” “plan,” “consider,” “project,” and similar references to the future. Forward-looking statements are made as of the date they were first issued and reflect the good-faith evaluation of the Company’s management of information currently available. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, including future actions that may be taken by Canadian Pacific Railway Limited in furtherance of its unsolicited proposal.  These and other important factors, including those discussed under “Risk Factors” in the Company’s Form 10-K for the year ended December 31, 2014, as well as the Company’s other public filings with the SEC, may cause our actual results, performance or achievement to differ materially from those expressed or implied by these forward-looking statements.  Forward-looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at or by which any such performance or results will be achieved.  As a result, actual outcomes and results may differ materially from those expressed in forward-looking statements. We undertake no obligation to update or revise forward-looking statements, whether as a result of new information, the occurrence of certain events or otherwise, unless otherwise required by applicable securities law.

Wednesday, December 23, 2015

Norfolk Southern announces additional actions to improve efficiency and reduce operating costs

 received via e-mail

NORFOLK VA., Dec. 22, 2015 – Norfolk Southern (NYSE: NSC) announced today it will consolidate operations of its coal docks located on Lake Erie in Northern Ohio. This change will streamline operations for customers while improving network efficiency and reducing operating costs for Norfolk Southern.

NS plans to idle its Ashtabula, Ohio, Coal Pier and shift operations to the railroad’s Sandusky, Ohio, Dock. Ashtabula will continue to operate until all coal inventories have been transloaded, which is expected to be completed by May 2016. The facility will remain idled until and if market conditions warrant reopening.

“Norfolk Southern is committed to providing shippers with an efficient transportation network, and we are actively addressing the industry-wide decline in coal volumes by streamlining operations and positioning our railroad for long-term success,” said David Lawson, NS vice president coal marketing.

The consolidation will help Norfolk Southern achieve efficiencies by reducing capital investment requirements and employee headcount.  A total of 21 positions will be affected as part of the transition. These employees can apply for other positions at the company. Earlier this month 13 employees at Ashtabula were furloughed due to coal market conditions. Six employees will continue to oversee security and environmental systems at Ashtabula.

Norfolk Southern has owned and operated the Ashtabula coal pier since 1999.  The facility primarily serves the thermal coal market, transloading coal from Ohio, Pennsylvania, and West Virginia to Canada and U.S. destinations by ship. CSX also has rights to use the Ashtabula dock.

“Coal has been – and continues to be – a significant part of Norfolk Southern’s heritage of service and success,” said Mike Wheeler, NS senior vice president operations. “Our customers depend on us to provide a high-performing, 21st Century transportation option that is safe, efficient, and reliable. Norfolk Southern is adapting to evolving market conditions by realizing efficiencies and optimizing our infrastructure to support long-term growth.”

Ohio is a strategic part of Norfolk Southern’s 22-state rail network. NS operates 2,200 miles of track and employs more than 3,700 people in the state, providing connections to domestic and international markets for Ohio-based manufacturers and businesses.  In 2014, NS doubled the size of its Bellevue, Ohio, yard in a $160 million expansion project, creating the largest rail classification yard in the eastern U.S.

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 20,000 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.

Tuesday, December 22, 2015

By Dawn's Early Light, QTTX #131033 whips west through Cresson, PA on 35A

Received via e-mail from Nathan Clark


A short while earlier, in predawn darkness, this block of loaded and spacer cars on the head-end of the train was arcing around the world-famous Horse Shoe Curve, as the 35A's two road locomotives and two rear-end helpers hauled and pushed the 117-car train over the Allegheny Mountains. Also just minutes before passing through Cresson, this train topped the grade inside the tunnel at Gallitzin, PA (passing from the Susquehanna River watershed into that of the Mighty Mississippi, in crossing the drainage divide)and began the descent down the West Slope grade toward Johnstown and Pittsburgh. On Sunday afternoon, the heavy machinery components were at destination.
---NSC

Monday, December 21, 2015

Visit to Bronx Botanical Gardens "G" scale trains - 1/11/16

Open to all who are interested...


Looking to visit on Monday, Jan 11.......any interest in joining in????
 
All rail trip, NJ or NYC start points.....escorted from Penn Station....Admission is $20 ($18 seniors) + rail transportation (ISS)........spread the word.........
 
REGRETS NOT NECESSARY......RSVP ONLY IF INTERESTED!!!!!!!
 
http://www.wliw.org/programs/treasures-of-new-york/holiday-train-show/