Rail News Home Norfolk Southern Railway 5/2/2022 Rail News: Norfolk Southern Railway
Alan Shaw Photo – nscorp.com
Railroad News
May
02
May
02
Alan Shaw yesterday began his first day as Norfolk Southern Railway’s new president and CEO.
Today, Shaw sent to NS employees an open letter that outlines the Class I’s priorities under his leadership, starting with restoring service to meet customers' expected level of service quality. The railroad is "taking the right steps" toward that goal by accelerating its new TOP|SPG operating plan and hiring the conductors the railroad needs to execute the plan reliably, he wrote.
Apr
29
Rail News Home Norfolk Southern Railway 4/29/2022 Rail News: Norfolk Southern Railway
The 750,000-square-foot headquarters opened in November 2021. Photo – nscorp.com
The 750,000-square-foot headquarters opened in November 2021. Photo – nscorp.com
Norfolk Southern Railway announced its new corporate headquarters in Atlanta has achieved Leadership in Energy and Environmental Design (LEED) Gold certification from the U.S. Green Building Council.
The certification is considered the most widely-used green building rating system in the world. Gold certification was obtained for the building’s design and construction, including sustainable site development, water conservation, energy efficiency, materials selection and indoor environmental quality, NS officials said in a press release.
Apr
28
Rail News Home Canadian Pacific 4/28/2022 Rail News: Canadian Pacific
CP's operating ratio (OR) for the quarter rose to 70.9% from 60.2%. The adjusted OR was 69.8%. Photo – cpr.ca
CP's operating ratio (OR) for the quarter rose to 70.9% from 60.2%. The adjusted OR was 69.8%. Photo – cpr.ca
Canadian Pacific yesterday reported first-quarter 2022 revenue decreased 6% to CA $1.84 billion, while net income fell nearly 2% to CA$590 million compared with the same period in 2021.
The Class I posted diluted earnings per share (EPS) of 63 cents for the quarter, down from 90 cents a year ago. The core adjusted diluted EPS, excluding significant items and Kansas City Southern acquisition accounting, was 67 cents.