NS is the first and only Class I railroad to report an uptick in domestic and international intermodal business this earnings season.
Norfolk Southern opens transfer terminal in Chesapeake to serve shippers of dry and liquid bulk commodities
27 Jul 2015
Norfolk Southern Railway’s second-quarter earnings this year were not unlike its Class I counterparts: modest intermodal growth unable to combat declining fuel surcharge revenue and a soft coal market.
24 Jul 2015
State and federal officials in Virginia broke ground on two major projects this week aimed at relieving congestion at the state port after delays hit near-unprecedented levels earlier this year.
18 Jun 2015
The Port of Virginia’s record container volume in May was accompanied by a $4.5 million operating profit, the port’s best monthly financial performance in its 2015 fiscal year, which ends June 30.
16 Jun 2015
The Port of Virginia and U.S. Army Corps of Engineers have signed an agreement to share the cost to study the feasibility of deepening Hampton Roads port channels to as much as 55 feet.
12 Jun 2015
Just two months after the Port of Virginia’s container volumes broke their all-time high, they did it again — the latest sign that cargo diversions from a still-recovering U.S. West Coast may have more staying power than originally imagined.
14 May 2015
The Port of Virginia is falling short. Record volumes and a return to profit in the past year have been matched with near-unprecedented congestion and user dissatisfaction, Port Director and CEO John Reinhart said Thursday.
14 May 2015
While besuited port industry executives milled about hotel ballrooms at the Virginia International Trade Symposium Thursday, truck-driving men and women in shirtsleeves marched in protest on the streets outside.
27 Apr 2015
The Port of Virginia’s efforts to curb congestion took a literal hit Sunday morning after a barge struck a rail bridge, forcing Norfolk Southern Railway to delay five intermodal services and end two.
13 Apr 2015
The Port of Virginia reported March volume of 229,410 20-foot-equivalent units — an increase of 16 percent year-over-year, and a port monthly record — but the increased volume has strained operations at Hampton Roads terminals.
10 Apr 2015
The Port of Virginia is rolling out even more equipment and continuing construction on a new cargo yard in an effort to relieve a now seven-week-long container backlog on the waterfront.