Norfolk Southern Railway
NS CEO says tax incentives for rail capacity will generate economic benefits, create jobs PDF Print E-mail
Written by Norfolk Southern   
Saturday, 25 July 2009 01:00
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 E-mail
Written by Administrator   
Wednesday, 15 July 2009 21:34
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.
 


Page 3 of 7

General Industry News

U.S. Class I workforce slips below 150,000 in Sept

The U.S. Class I workforce not only shrank for the second-straight month in...

One year later: is Metrolink safer now?

CHATSWORTH, Calif. — On Sept. 12, 2008, at precisely 16:22:23 (4:22 p.m.), ...

More in: General Industry News

AAR News

A healthy rail network critical to the nation's re

WASHINGTON, D.C. — Association of American Railroads President and CEO...

U.S. railroads continue to post weak carload, inte

WASHINGTON, D.C. — The Association of American Railroads today reporte...

More in: AAR News

Railroad Retirement Board News

No Railroad Retirement benefit increase in 2010; M

CHICAGO — Railroad retirement annuities, like social security benefits...

Buy-outs and Railroad Retirement benefits

CHICAGO — Railroad employees frequently ask the Railroad Retirement Bo...

More in: Railroad Retirement Board News

Federal Regulatory News

FRA to grant $115 million for rail construction

WASHINGTON, D.C. —
Funds Complement President Obama’s $8 Billion Dow...

NTSB announces 2010 Most Wanted List of Safety I

WASHINGTON, D.C. — The National Transportation Safety Board today issu...

More in: Federal Legislation and Regulation News

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.