The week in local news.
Tag: Norfolk Southern
Posted inLatest News
Norfolk Southern’s Alan Shaw: ‘We’re not done. We’re going to continue to get better’
By Maria Saporta When Alan Shaw became CEO of Atlanta-based Norfolk Southern 15 months ago, he had no idea what the future would bring. Less than a year later, on Feb. 3, a Norfolk Southern train carrying toxic vinyl chloride derailed in East Palestine, Ohio. Three days later, the decision was made to have a […]
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Norfolk Southern’s Jim Squires to retire May 1; Alan Shaw to become CEO
Norfolk Southern Corp. announced today that Chairman and CEO James “Jim” A. Squires will retire on May 1, 2022. He will be succeeded by Alan H. Shaw, Norfolk Southern’s executive vice president and chief marketing officer.
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Norfolk Southern cuts ribbon on HQ; GWCC unveils Richard Jewell tribute
Two landmark events Wednesday morning weaved special tales of Atlanta’s history, present and future. The first was the ribbon-cutting ceremony for Norfolk Southern’s new corporate headquarters in Midtown as dignitaries welcomed Atlanta’s newest Fortune 500 company. The second was the unveiling of a memorial to Richard Jewell and law enforcement at Centennial Olympic Park
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Norfolk Southern’s Jim Squires: ‘Atlanta had a positive vibe for me’
As Norfolk Southern cuts the ribbon on its new Midtown headquarters Wednesday morning, the railroad company is solidifying its base in Atlanta by consolidating its executive team with its operations hub.
Posted inColumns
Atlanta region maintains its spot as a Fortune 500 HQ city
By Maria Saporta Metro Atlanta maintained its position as a hub for Fortune 500 headquarters with 16 companies, according to the latest 2021 ranking from Fortune Magazine. HD Supply, which has been reacquired by the Home Depot, dropped off the list. But Global Payments, which merged with Columbus-based TSYS in 2019, made the list. Two […]
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Norfolk Southern cleaning up Chattahoochee Brick site
Although it has abandoned its plans to build a rail transfer facility on the Chattahoochee Brick Co. in west Atlanta, Norfolk Southern will complete the environmental cleanup of the 75-acre site.
Posted inColumns
Pro-transit Biden administration gives metro Atlanta a chance to pivot to rail
At long last, we have a president who understands the value of rail – both for passengers and freight.
Posted inLatest News
Cousins Properties facilitates removal of Confederate statue from Peachtree Street
Cousins Properties has succeeded in its call for the swift removal of a statue of a Confederate cavalryman who later was the first president of a predecessor of Norfolk Southern Railway. The statue is at the gateway of the building in Midtown Cousins purchased from Norfolk Southern.
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Norfolk Southern kills its plans for Chattahoochee Brick
In a major reversal, Norfolk Southern has terminated its plans to build a rail transfer facility on the site of the former Chattahoochee Brick Co. in northwest Atlanta.
Posted inColumns
Norfolk Southern stops work on Chattahoochee Brick site – at least for now
Norfolk Southern issues statement it will stop work to redevelop the Chattahoochee Brick property so it can negotiate with the city.
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Atlanta board OKs controversial cash, tax breaks for major companies
BlackRock, Norfolk Southern and Invesco.
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Reporter’s Notebook: Early voting, unemployment checks and more
And Chattahoochee Brick is back in the news.
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Norfolk Southern could sell its new headquarters in five years, company says in disclosure
Norfolk Southern could sell its new headquarters in Midtown five years after the lease begins in 2021, the company said in a recent financial disclosure. Atlanta’s development arm expects the company to stay in place 10 years as part of the $600 million package it provided the company.
Posted inLatest News
Norfolk Southern holds first annual meeting in Atlanta since 1991
Norfolk Southern Corp. made it clear Thursday morning at its annual shareholders meeting at the Westin Peachtree Plaza – it is now an Atlanta-based company.“We welcome you to Atlanta,” began Jim Squires, the CEO of the railroad company. “We are delighted so many of you can be here with us today.”
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Upcoming stop on Georgia House’s transportation agenda: freight
A powerful Georgia state lawmaker is about set in train a good look at railroads, to get more freight moving through Georgia more quickly. That might also mean better drives for folks in cars.
Posted inATL Business Chronicle
Norfolk Southern completes long ride to Atlanta HQ
Norfolk Southern Corp. on Dec. 12 completed a nearly year-long and sometimes bumpy ride to relocate its headquarters from Virginia to Atlanta.
Posted inLatest News
Norfolk Southern officially announces new Atlanta headquarters
Atlanta will soon have a new Fortune 500 company headquarters – Norfolk Southern Corp.
The railroad company officially announced it is moving its corporate headquarters from Norfolk, Va. to Atlanta – a process that will take a couple of years to complete.
Posted inLatest News
In bid to lure Norfolk Southern HQ, Atlanta greenlights property tax break
Atlanta’s development agency on Tuesday approved a deal that would make a move to Atlanta nearly $24 million sweeter for Norfolk Southern.
