Norfolk Southern Railway
NS CEO says tax incentives for rail capacity will generate economic benefits, create jobs PDF Print Email
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NORFOLK, Va. — Tax incentives to expand freight rail capacity would “make sense for America,” generating $1 billion in economic benefits and 20,000 green jobs, Norfolk Southern Corporation CEO Wick Moorman said today on Capitol Hill.

“America needs more transportation capacity and needs it now,” Moorman said on behalf of the Association of American Railroads during testimony to a U.S. House subcommittee. Noting that today’s transportation network is not designed to handle the doubling in freight demand projected by 2035, Moorman said, “Railroads are the most affordable and environmentally responsible way to meet this demand, and that is why tax incentives for rail capacity would be good public policy.”

Railroads have spent record amounts reinvesting in their own networks even during the economic downturn, Moorman said – a record $10.2 billion in capital improvements last year alone. “Since 1980, railroads have spent more than 40 percent of their revenues – some $440 billion – to maintain, improve, and expand their networks.
Norfolk Southern reduces Alabama job cuts to 65 PDF Print Email
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MUSCLE SHOALS, Ala. — Norfolk Southern has reduced the amount of job cuts at the Sheffield rail yard to 65, officials said Tuesday.

Company officials initially planned to cut 84 jobs at Sheffield, said Robin Chapman, a spokesman for Norfolk Southern in Atlanta.

“It’s a number that’s been in flux throughout this process,” Chapman said. “The change has to do with how many workers are required for certain jobs.”

Employees receive official word of the cuts Wednesday, Chapman said.

“The employees who are affected pretty much know already,” he said. “We notified the general chairman of the union on Thursday and I’m sure word trickled down from there.”

About 130 people work at the rail yard. The yard is just east of the overpass on Wilson Dam Road, but is referred to as the Sheffield yard by company officials.

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