[NSInvest] Norfolk Southern announces service changes in response to upco...

NW Mailing List nw-mailing-list at nwhs.org
Wed Oct 21 21:31:34 EDT 2015


Extending the deadline is part of legislation now before Congress.   Get on 
your Senators' and Representative's case to pass the legislation.
 
Dave Phelps
 
 
In a message dated 10/21/2015 9:18:04 P.M. Eastern Daylight Time,  
nw-mailing-list at nwhs.org writes:

 
Wow.  Am I understanding this correctly that VRE, MARC, and Amtrak won’t 
run on NS  starting January 1st due to the PTC issue?  
I  guess there will be a lot of new vanpools and carpools forming to go 
into DC  from the Manassas, VA direction starting January 1st?  They think I-66 
is jammed up now, just wait.   
Phil  Miller 
 
 
From: NW-Mailing-List  [mailto:nw-mailing-list-bounces at nwhs.org] On Behalf 
Of NW Mailing  List
Sent: Tuesday, October 20, 2015 4:35 PM
To: NW  Mailing List
Subject: FW: [NSInvest] Norfolk Southern announces  service changes in 
response to upcoming Positive Train Control  deadline

 
 
From: NSInvest [mailto:nsinvest-bounces at nscorp.com]  On Behalf Of NS 
Financial News
Sent: Tuesday, October 20,  2015 4:28 PM
To: 'nsinvest at nscorp.com'
Subject: [NSInvest]  Norfolk Southern announces service changes in response 
to upcoming Positive  Train Control deadline

Norfolk  Southern announces service changes in response to upcoming 
Positive Train  Control deadline 
NORFOLK,  Va., Oct. 20, 2015 – Norfolk Southern Corporation (NYSE: NSC) 
today said its  rail operating subsidiaries will no longer accept shipments of  
Poisonous-Inhalation-Hazard commodities, effective Dec. 1, 2015.  PIH  
commodities in transit on Dec. 1 will be delivered to destination by Dec. 31.  
Additionally, passenger and commuter trains operated by Amtrak, Virginia  
Railway Express, and Metra will be prohibited by law from operating on NS  
after Dec. 31.   
The  cessation of service – effective across the entire NS rail network – 
is  required to comply with federal safety laws that become effective after 
Dec.  31, the government’s deadline for installation of PTC. Despite 
investment of  nearly $1 billion to date, NS will not meet the  deadline. 
The status of non-PIH traffic interchanged with other  railroads and 
freight operations on the Northeast Corridor after Dec. 31 is  currently under 
review. 
“We  remain hopeful that Congress will grant the railroad industry an 
extension of  the PTC deadline and appreciate the consideration elected officials 
and  regulators are giving this issue,” said James A. Squires, Norfolk 
Southern  chairman, president and CEO. “However, in order to conduct lawful 
operations  on Jan. 1, 2016, and beyond, we must plan ahead to clear affected 
loaded and  empty freight cars from our system.  
“Norfolk  Southern sincerely regrets the inconvenience that customers, 
passengers, and  commuters will experience,” Squires said. “Our strong hope is 
that Congress  will act quickly and decisively to allow us to restore full 
access to our rail  network.” 
Squires  noted that NS is installing PTC on the required lines and 
equipment as fast as  is safe and practical. “PTC is one of the most complex 
technology  implementations in our history,” he said. “It is in everyone’s 
interest –  railroads, customers, suppliers, and communities – that adequate time 
is  devoted to installation, testing, and implementation. Norfolk Southern 
is  committed to getting this right.” 
About  Norfolk Southern 
_Norfolk Southern  Corporation_ 
(http://phx.corporate-ir.net/phoenix.zhtml?c=69040&p=tearsheet)   (NYSE: NSC) is one of the nation’s premier 
transportation companies. Its  Norfolk Southern Railway Company subsidiary operates 
approximately 20,000  _route  miles_ 
(http://www.nscorp.com/content/nscorp/en/system-overview.html)   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. 
Media  Inquiries: 
_Frank Brown_ (mailto:fsbrown at nscorp.com) , 757-629-2710 
(_fsbrown at nscorp.com_ (mailto:fsbrown at nscorp.com) ) 
Investor Inquiries: 
_Katie Cook_ (mailto:investorrelations at nscorp.com) , 757-629-2861 
(_InvestorRelations at nscorp.com_ (mailto:InvestorRelations at nscorp.com) ) 
_http://www.norfolksouthern.com_ (http://www.norfolksouthern.com/)  

### 


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