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Norfolk Southern official: Speed wasn't factor in Ohio train derailment; no injuries reported

CHILLICOTHE, Ohio - A railroad official says a train was travelling below the speed limit when part of it derailed in central Ohio. Norfolk Southern Corp. officials say 11 cars jumped the tracks shortly before midnight Monday in Chillicothe (chihl-ih-KAWTH'-ee), about 45 minutes south of Columbus. No injuries were reported.

Norfolk Southern official: Speed wasn't factor in Ohio train derailment; no injuries reported

CHILLICOTHE, Ohio - A railroad official says a train was travelling below the speed limit when part of it derailed in central Ohio. Norfolk Southern Corp. officials say 11 cars jumped the tracks shortly before midnight Monday in Chillicothe (chihl-ih-KAWTH'-ee), about 45 minutes south of Columbus. No injuries were reported.

Norfolk Southern railroad's 2Q profit slips 11 per cent as coal demand remains weak

OMAHA, Neb. - Norfolk Southern said Tuesday that its second-quarter profit slid 11 per cent, as the railroad struggled to offset continued weak coal demand and shipping volume grew by only 2 per cent. The Norfolk, Va.-based railroad reported $465 million net income, or $1.46 per share, during the quarter. That's down from $524 million, or $1.60 per share, last year. Revenue declined 3 per cent to $2.8 billion. Analysts surveyed by FactSet expected earnings of $1.49 per share on revenue of $2.85 billion.
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