NORFOLK SOUTHERN: Cites $40M Environmental Liability at June 30

Norfolk Southern Corporation’s Balance Sheets include liabilities for environmental exposures in the amount of US$40 million at June 30, 2009, and US$42 million at Dec. 31, 2008.

About US$12 million is classified as a current liability at the end of each…

NORFOLK SOUTHERN: DOJ’s Amended Suit on S.C. Derailment Ongoing

The U.S. Department of Justice’s amended complaint against Norfolk Southern Corporation, over an incident related to a Jan. 6, 2005 derailment in Graniteville, S.C., is ongoing.

On April 24, 2008, the DOJ brought an action against the Company for alleged violations…

NORFOLK SOUTHERN: Wants DOJ’s 2005 Derailment Action Dismissed

Norfolk Southern Corporation, on June 24, 2008, filed a motion to dismiss a U.S. Department of Justice’s action regarding alleged violations of federal environmental laws due to a Jan. 6, 2005 derailment incident in Graniteville, S.C., according to the company’s…