Ein Gleisbett im Abendrot (Symbolbild).
Montag, 19.09.2016 21:20 von | Aufrufe: 67

Norfolk Southern highlights investment, improved customer service on first anniversary of Delaware & Hudson Line purchase

Ein Gleisbett im Abendrot (Symbolbild). © pixabay.com/CC0 https://pixabay.com

PR Newswire

NORFOLK, Va., Sept. 19, 2016 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today marked the first anniversary of its purchase of Delaware & Hudson Railway Co.'s (D&H) line between Sunbury, Pa., and Schenectady, N.Y., by highlighting improved customer service and infrastructure investments NS has made to the corridor.

"We set out to improve our competitive transportation offerings between Pennsylvania, New York, and New England, and I'm proud to say Norfolk Southern is well on its way to achieving that goal," said NS Chairman, President, and CEO James A. Squires. "Norfolk Southern takes great pride in incorporating this corridor into our safe, reliable, and efficient 22-state freight rail network."

On Sept. 18, 2015, NS completed its purchase of 282 miles of D&H track for $214.5 million from Canadian Pacific Railway. Delaware & Hudson is a subsidiary of CP.

During the past year, NS has improved safety and service on the line by installing 90,000 new ties, resurfacing 84 miles of track, and making improvements to the Belden Tunnel in New York. Additionally, NS hired 166 new employees, including 140 former D&H employees with experience working the corridor.

Improved service on the route, including an average of eight daily trains, has helped attract additional rail traffic, shifting long-haul trucks off public roadways. NS Intermodal terminals at Ayer, Mass., and Scranton, Pa., have seen double-digit volume growth during the past year.

The line connects to Norfolk Southern's network at Sunbury and Binghamton, N.Y., as well as to its joint venture subsidiary Pan Am Southern at Mechanicville, N.Y. Together, the Pan Am Southern network, which services New England markets, and the former D&H line provide NS with a single-line route linking Chicago and southeastern U. S. markets to the Capital Region of New York.

Norfolk Southern's partnership with New York to replace the Portageville Bridge in Letchworth State Park will further improve service to Binghamton, Scranton, Albany, and New England. The new bridge, expected to open in 2017, will replace the span, which operates under weight and speed restrictions.


ARIVA.DE Börsen-Geflüster

Kurse

"Our operation of this corridor not only underscores our confidence in the economy of the region, but also preserves good-paying railroad jobs and revitalizes this important rail line," said John H. Friedmann, NS vice president strategic planning. "We're making these investments to provide our customers with freight rail service that helps them thrive, and we continuously look to improve safety for our employees, our customers, and the communities in which we operate."

About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/norfolk-southern-highlights-investment-improved-customer-service-on-first-anniversary-of-delaware--hudson-line-purchase-300330319.html

SOURCE Norfolk Southern Corporation

Werbung

Mehr Nachrichten zur Norfolk Southern Corp. Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News