Norfolk Southern to present at Citi s 2021 Global Industrials Virtual Conference
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NORFOLK, Va., Feb. 9, 2021 /PRNewswire/ Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Mark R. George and Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at:
Citi 2021 Global Industrials Virtual Conference
Tuesday, Feb. 16, 1:50 p.m. EST
Virtual Conference
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 19,300 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 is a major transporter of industrial products, including agriculture, forest and consumer products, chemic
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WILLIAMSON A Kentucky man is suing Norfolk Southern Railway Company after he was struck by a train in his vehicle.
Zachary Peterman filed the lawsuit against Norfolk, Allan Thorne and Todd Rollins alleging the parties failed to activate the train s whistle and failed to reduce speed when approaching a railroad crossing, according to a complaint filed in Mingo Circuit Court.
Peterman was operating his vehicle on Dec. 19, 2019, when he approached a railroad crossing in Naugatuck on Railroad Avenue. He claims despite taking all due care for his own safety, his vehicle was struck by a train and he was severely injured.
WILLIAMSON A widow is suing Norfolk Southern Railway Company for her late husband s cancer and death.
Elva Robertson s late husband, Freddie Robertson, was employed by Norfolk from 1970 until 1996, and during that time he was exposed to diesel exhaust and fumes, as well as second-hand smoke, according to a complaint filed in Mingo Circuit Court.
Elva Robertson claims her late husband developed lung cancer and it metastasized to his brain because of the defendant s utilization of known cancer-causing materials in its day-to-day operations. Giatras
Norfolk failed to provide Freddie Robertson with a safe place to work and failed to monitor the diesel locomotives, facilities, equipment and other areas for diesel exhaust and second-hand smoke, according to the suit.
Norfolk Southern supports customer growth and local economies in 2020
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NORFOLK, Va., Jan. 29, 2021 /PRNewswire/ Norfolk Southern (NYSE:NSC) announced today that in 2020 the company assisted 86 businesses in locating new or expanded facilities on its freight rail network. The industries ranged from a medical products supplier and roofing shingle manufacturer to automakers and paper packaging producers.
Across 18 states, Norfolk Southern customers invested $1.8 billion to open 70 new and 16 expanded rail-served facilities. The industrial development is expected to create more than 2,960 customer jobs and generate over 54,300 carloads of new rail volume annually for Norfolk Southern.
Norfolk Southern increases quarterly dividend by 5 cents and increases target dividend payout ratio
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NORFOLK, Va., Jan. 27, 2021 /PRNewswire/ Norfolk Southern Corporation (NYSE: NSC) today announced that its board of directors approved a 5% increase in its quarterly dividend on the company s common stock, from 94 to 99 cents per share. The company also announced an increase to its long-term target dividend payout ratio from 33% to a range of 35-40% of net income. Strong operational results achieved through our precision scheduled railroading transformation have underpinned robust cash flow generation, said James A. Squires, Norfolk Southern chairman, president and CEO. Today s announcements highlight our confidence in long-term value creation and commitment to superior shareholder returns.