The News Journal
With more oil trains comes more calls for safety
Crude oil tank cars move along the Norfolk Southern rail line near I-95 on Feb. 11. / ROBERT CRAIG/THE NEWS JOURNAL WHAT: Rail Safety Community Meeting WHEN: 6 to 8:30 p.m. WHERE: Delaware City Fire Hall, 815 Fifth St. in Delaware City WHO: Lawmakers, first-responders, officials from the Delaware Emergency Management Agency, the state Emergency ... (more)
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Sat Mar 08, 2014
RR crossing closure at SR 25/South Coastal Hwy scheduled
The Georgia Dept. of Transportation is closing a railroad crossing on Saturday at the request of Norfolk Southern Corp. and a detour will be in place.
Fri Mar 07, 2014
Ravenna area residents upset crossing isn't being addressedRavenna...
It is a dangerous railroad crossing both neighbors and local leaders claim is in desperate need of safety upgrades after a Ravenna teen lost her life in a horrific accident.
ModernGraham Quarterly Valuation Of Norfolk Southern
Benjamin Graham taught that Intelligent Investors must do a thorough fundamental analysis of investment opportunities to determine their intrinsic value and inherent risk.
Thu Mar 06, 2014
Cleanup progresses at Ohio train derailment site
Norfolk Southern Corp. has reopened one of its two rail lines at the central Ohio site where nearly three dozen train cars derailed, spilling the corn they were carrying.
Wed Mar 05, 2014
Sandy Springs Neighbor
Hwy. 92 construction could start before summer
Douglasville City Council has authorized Mayor Harvey Persons to sign a three-party agreement which paves the way for the start of the long-awaited Ga.
Tue Mar 04, 2014
Train derails in Ohio, spilling corn; no one hurt
Emergency responders say no one was hurt when the middle of a southbound Norfolk Southern train derailed Tuesday afternoon near the sheriff's office in Delaware County, roughly 25 miles north of downtown Columbus.
Train Derails In Delaware County, At Least 30 Cars Off The Track
The accident occurred Tuesday afternoon on the Norfolk Southern track near Horseshoe Road and U.S. 42. Derailment caused damage to both the Norfolk and CSX rail-lines Because of the derailment, Horseshoe Road is closed between Hudson Street and Shortcut Road.
Mon Mar 03, 2014
All Aboard Union Pacific
Union Pacific Corporation , Canadian National Railway and Norfolk Southern Corporation moved modestly higher relative to the S&P 500 over the past year.
Tue Feb 25, 2014
Rail Stocks to Lag Behind Earnings as U.S. GDP Help Fades: EcoPulse
A Union Pacific Corp. rail car sits at the company's facility at the Port of Oakland in... Read More A Union Pacific Corp. rail car sits at the company's facility at the Port of Oakland in Oakland, California.
Mon Feb 24, 2014
Should You Buy CSX For The Long Run?
Railroad company CSX has underperformed the market in the last one year with shares gaining just 20%, slightly below the S&P 500's gain of 21%, and also trailing the solid gains reported by peers Norfolk Southern and Union Pacific .
Sat Feb 22, 2014
The polar vortex is a perfect storm for railroad stocks, J.P. Morgan says
The surge in demand for coal from U.S. power plants is pushing up coal prices, and coal is by far the biggest cargo carried on U.S. rails, accounting for 41% of all rail tonnage and 21% of rail gross revenue; J.P Morgan argues that at some point, coal should provide a positive catalyst for railroad company stocks since it accounts for so much of ... (more)
RR crossing closure set for SR 25/South Coastal Hwy
Norfolk Southern Corp. has asked the Georgia Dept. of Transportation to close a railroad crossing while work is being done at State Route 25/South Coastal Highway between Nelson Avenue and Rommel Avenue in Chatham County.
Fri Feb 21, 2014
The News Journal
Railroad industry agrees to new safety measures for hauling crude
Railroads that haul volatile crude shipments have reached an agreement with U.S. transportation officials to adopt wide-ranging, voluntary safety measures after a string of explosive and deadly accidents.
Thu Feb 20, 2014
Alternative Energy Stocks
Power REIT's Preferred Stock Offering: A Hedge That Pays 7.75%
Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT's attempt to foreclose on its railroad lease with Norfolk Southern Corporation and Wheeling and Lake Erie Railway .
Will Soft Crude Oil Prices, New Safety Rules Boost Fortunes of Bakken ...
Written by John Egan for Industrial Info Resources -- Spectacular industrial accidents can rapidly overturn the fortunes of entire industries.
Tue Feb 18, 2014
Kansas City Southern: I Want My Duopoly
Through Friday's close, Kansas City Southern had dropped 23% this year, lagging Norfolk Southern's 0.6% rise, Union Pacific's 7.2% gain, CSX Corp's 4.3% decline and Genesee & Wyoming's 0.2% dip.
Sat Feb 15, 2014
Norfolk mayor's circle of influence is upper crust
Some of Paul Fraim's wealthiest supporters will gather at the Town Point Club for a reception on Thursday.
Cleanup begins after crude oil train derails northeast of Pittsburgh
A Norfolk Southern Corp. train derailment spilled as much as 4,000 gallons of crude just as regulators consider new rules that may add to the cost of transporting oil by rail.