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Norfolk Southern Corporation


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Norfolk Southern Corporation

Rural Hall, North Carolina (North Carolina) US

Local and suburban transit, Mixed Mode Transit Systems, Switching and terminal services, Support Activities for Rail Transportation, Railroads, line-haul operating, Line-Haul Railroads, Railroad maintenance and repair services, Railroad equipment, Railroad Rolling Stock Manufacturing, Trucking, except local, Local trucking with storage, General Freight Trucking, Long-Distance, Truckload, General Freight Trucking, Local, Railroad car rebuilding, Railroad car repair...

TEL: 3369696846   
http://www.nscorp.com

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News and Blogs

Total : 106 View more »

JBHT Inks Contract With Norfolk Southern

www.logistics-business-review.com | Nov 5, 2009

The company said that the multi-year agreement is expected to consolidate both the parties' position in the transcontinental and local intermodal service in the eastern half of the US.

http://www.logistics-business-review.com/news/jbht_inks_contract_with_norfolk_southern_091105

Intermodal shipping: J.B. Hunt, Norfolk Southern ink intermodal deal

www.logisticsmgmt.com | Nov 6, 2009

At its investor day yesterday, J.B. Hunt Transport Service said it has reached an agreement with Class I railroad carrier Norfolk Southern to develop a new intermodal transportation contract.

http://www.logisticsmgmt.com/article/383096-Intermodal_shipping_J_B_Hunt_Norfolk_Southern_ink_intermodal_deal.php

Hunt, NS Ink Intermodal Deal

www.joc.com

Trucking and intermodal shipment operator J. B. Hunt Transport Services will ship goods through Norfolk Southern Railway under a far-reaching,...

http://www.joc.com/node/414486

 

Norfolk Southern Up 7.7% Since SmarTrend's Buy Recommendation - Zibb.com

SmarTrend, our proprietary pattern recognition system, called an Uptrend for Norfolk Southern (NYSE:NSC) on October 14, 2009 at $47.35.

Since then, Norfolk Southern has returned 7.7% as of today's recent price of $51.00. Want to profit from these alerts?

Go to www.mysmartrend.com now for a FREE two-week trial.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

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Tags: market   nyse   profit   securities   trial  

Companies: Norfolk Southern Corp. (NSC)

 

Norfolk Southern (NSC) Gets Positive Listing On Investors Observer Momentum Plays List - Zibb.com

Norfolk Southern (NYSE: NSC) closed yesterday at $51.66. So far the stock has hit a 52-week low of $26.69 and 52-week high of $52.84. Norfolk Southern stock has been showing support around 51.11 and resistance in the 52.27 range. Technical indicators for the stock are Bullish and S&P gives NSC a positive 4 STAR (out of 5) buy rating. NSC appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Jan '10 50 covered call (JBC AJ) for a net debit in the $48.06 area. That is also the break even stock price for this trade. This covered call has a 60 day duration, provides 6.97% downside protection and a 4.04% assigned return rate for a 24.56% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the NSC Jan '11 25 Call (OGO AE) and selling the Jan '10 50 call (JBC AJ) for a $23.25 debit. The trade has a 60 day life and would provide 6.60% downside protection and a 7.53% assigned return rate for a 46.00% annualized return rate (for comparison purposes only). Norfolk Southern has a current annual dividend yield of 2.65%.

ATU-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: nyse   research   S&P   trade   yield  

Companies: Norfolk Southern Corp. (NSC)

 

Norfolk Southern Announces $11 Million Investment in Philadelphia Navy Yard Intermodal Facility -

Norfolk Southern (NYSE: NSC) and the Commonwealth of Pennsylvania are investing $11 million in the railroad's Philadelphia Navy Yard intermodal facility to expand track and parking capacity. The expansion is part of Norfolk Southern's multi-state Crescent Corridor initiative to establish a high-speed intermodal freight rail route between the Gulf Coast and the Northeast. The proposed investment -- $6 million from Norfolk Southern and $5 million from Pennsylvania -- will create the capacity to handle more than 72,000 containers and trailers annually. Construction is scheduled to begin in mid-2010.

"Because of its strategic location to Southeastern Pennsylvania, South Jersey, and Delaware, expansion of the Philadelphia Navy Yard intermodal facility is critical to the success of our Crescent Corridor," said Wick Moorman, Norfolk Southern's chief executive officer. "We commend Gov. Ed Rendell for his efforts to provide state funding for our intermodal terminal initiatives in the commonwealth. We want to thank Sens. Robert Casey and Arlen Specter for their support of a public-private partnership with the U.S. Dept. of Transportation so that Pennsylvania will benefit from the economic development opportunities and job growth potential of integrated logistics hubs. We also want to express our gratitude to the members of the Pennsylvania congressional delegation who support the Crescent Corridor, including Reps. Bob Brady, Charlie Dent, Chakah Fattah, Jim Gerlach, Tim Holden, Patrick Murphy, Todd Platts, Allyson Schwartz, and Bill Shuster. Finally, we express our appreciation to Mayor Michael Nutter and the region's economic development agencies and authorities for their efforts to improve freight transportation infrastructure in Philadelphia and the Delaware Valley."

"Rail freight is an important component of any transportation infrastructure discussion," Governor Edward G. Rendell said. "The Philadelphia Navy Yard intermodal facility will serve Pennsylvania, New Jersey, and Delaware, creating good jobs, generating revenue locally, and helping reduce highway congestion. Pennsylvania has invested heavily in rail freight because it is a smart, environmentally friendly, cost-effective infrastructure investment. I will continue to advocate for rail freight investments at the state and national level."

"Philadelphia has been a rail transportation hub for the Mid-Atlantic region for more than 100 years," said Mayor Michael Nutter. "With this $11 million investment, Norfolk Southern's intermodal terminal at the Navy Yard will benefit shippers and consumers in the city and lead to further economic development opportunities in the Philadelphia area."

Norfolk Southern's Crescent Corridor initiative is a multistate network of infrastructure improvements and facilities intended to enhance Norfolk Southern's 2,500-mile rail network that supports the supply chain from the Gulf Coast and Memphis to Harrisburg, Philadelphia, and the New York metropolitan area and enable it to handle more freight traffic faster and more reliably. The railroad is in the process of implementing corridor projects, including straightening curves, adding passing tracks, improving signal systems, and building new terminals.

Altogether, nearly $2.5 billion in Crescent Corridor projects have been identified, and based on the public benefits of relief from highway congestion, NS plans to implement the Crescent Corridor initiative through a series of public-private partnerships. At completion, the Crescent Corridor is projected to divert more than 1 million truckloads of freight from the highways to the rails annually, saving the U.S. more than 170 million gallons of fuel per year.

When the Crescent Corridor is fully operational, annual benefits to Pennsylvania are expected to include nearly 700,000 long-haul trucks diverted to rail, almost 10 million gallons of fuel saved, carbon dioxide reduction of 110,000 tons, more than $44 million in traffic congestion savings, and avoidance of an estimated $8.5 million in accident costs. Over the next 10 years 26,000 jobs in Pennsylvania are expected to be created or enhanced by the Crescent Corridor. Norfolk Southern is constructing a new $95 million intermodal facility in Franklin County, Pa., and has $52 million in improvements planned for its existing Harrisburg intermodal terminal, along with $27 million in track and signal upgrades in Berks, Chester, Cumberland, Dauphin, Franklin, Lebanon, Lehigh, Montgomery, and Northampton counties.

Rail intermodal traffic uses one-third of the fuel required by long-haul trucks and greatly reduces highway congestion, greenhouse gas emissions, and highway maintenance costs. The Crescent Corridor will help the environment and reduce a large burden on state budgets.

Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 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 and industrial products.

Any statements contained in this news release which are not related to historical facts are forward-looking statements as that term is defined in the Private Securities Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (noted in the corporation's filings with the SEC) which could cause actual results to differ materially.

SOURCE Norfolk Southern Corporation

http://www.nscorp.com

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Tags: accident   ceo   coal   construction   delaware   expansion   freight   industrial products   investment   lebanon   navy   new jersey   nyse   pennsylvania   revenue   securities   track   traffic   transportation   united states  

Companies: Norfolk Southern Corp. (NSC)

 

Norfolk Southern (NSC) Bullish Technical Alert - Trend Up 9.8% - Zibb.com

Norfolk Southern (NYSE:NSC) is trading 0.4% higher (up $0.19 to $51.99) today on volume of 1,181,549 shares. The stock is trading near its 52-week high of $55.00. We are watching for a close above that level.

Norfolk Southern is currently above its 50-day moving average of $46.98 and above its 200-day moving average of $40.16.

SmarTrend is bullish on shares of NSC and our subscribers received an Uptrend alert on October 14, 2009 at $47.35, which has returned 9.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

Read more...

Tags: market   nyse   securities  

Companies: Norfolk Southern Corp. (NSC)

 

Web Sites

Total : 1,320 View more »

TRAFFIC ALERT - Norfolk Southern Railroad Crossing Improvements Will Require the Closure of Newton Road

www.deldot.gov

Bridgeville -- The Department of Transportation (DelDOT) announces that Norfolk Southern Railroad will close Newton Road/Alternate Route 404 between Route 13 and Adams Road in Bridgeville for railroad crossing improvements. The work will begin on Monday, October 19 and end on Saturday, October 24,

http://www.deldot.gov/public.ejs?command=PublicNewsDisplay&id=3510

T-Cubed - Thoroughbred Technology and Communications

T-Cubed offers installation opportunities for fiber optics as well as wireless arrays on 375 microwave towers. With a 22-state network, T-Cubed gives you the ability to connect major metropolitan areas, regional centers and even the smallest localities.

http://www.t3inc.net/

Entry List: railwaydirectory.net

www.railwaydirectory.net

 Add company | About us | FAQ | Contact us | Home Forgotten your password? Subscribe Your guide to the world railway industry 1. Search the database 2. Find the right contacts 3. Call, export or save Refine your search Search exact phrase only Advanced Search Search results (1072) Lastname

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Behind the Plug: Battery-powered transportation extends to the locomotive industry

behindtheplug.americaspower.org

Last week, railroad company Norfolk Southern announced it would be unveiling a new kind of locomotive – one that runs completely on battery power. The new train, equipped with 1,500 horsepower, will operate in Norfolk Southern’s Pennsylvania rail yard, where low-horsepower locomotives are typically

http://behindtheplug.americaspower.org/2009/10/batterypowered-transportation-extends-to-the-locomotive-industry-.html

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Norfolk Southern Corporation

www.nscorp.com

Shipping and transportation company headquartered in Norfolk. Includes list of subsidiaries, news, resource center and alerts.

http://www.nscorp.com/

Norfolk Southern Corp. - Wikipedia, the free encyclopedia

en.wikipedia.org

The Norfolk Southern Corporation (NYSE: NSC) is a publicly-traded stock corporation based in Norfolk, Virginia. It is the holding company for the Norfolk Southern Railway, a major ...

http://en.wikipedia.org/wiki/Norfolk_Southern_Corporation

Norfolk Southern Industrial Development

www.nscorp.com

Description: Norfolk Southern Corporation's Industrial Development department locates rail-served industries on its rail lines by providing plant location services, aids existing ...

http://www.nscorp.com/nscorphtml/id/index.html

Norfolk Southern Corporation (NSC) Company Profile ...

www.corporateinformation.com

Norfolk Southern Corporation. The Group's principal activities are to provide transport of raw materials, intermediate products and finished goods through rail. The freight of the ...

http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=655844108

News from Zibb.com

Events

AirportBusiness.com » Article » Norfolk Southern CFO Squires to Address JPMorgan Aviation &

NORFOLK , Va., March 11 /PRNewswire-FirstCall/ -- James A. Squires, executive vice president finance and chief financial officer for Norfolk Southern Corporation (NYSE: NSC), will address the JPMorgan Aviation & Transportation Conference at 8:30 a.m. EDT on Wednesday, March 19 .

http://www.airportbusiness.com/web/online/Off-The-Wire/Norfolk-Southern-CFO-Squires-to-Address-JPMorgan-Aviation-and-Transportation-Conference/56$18109

Norfolk Southern

The message of diversity and its value to Norfolk Southern is regularly communicated through events at various system locations. Diversity Council members and selected speakers present information concerning both diversity and business – two processes that are closely related.

http://www.nscorp.com/nscportal/nscorp/Employees/Diversity/Diversity%20in%20Action/events.html