Editorial Results (free)
1.
Riding the Rails -
Thursday, April 18, 2013
By some estimates, America’s railroad companies are in the midst of the largest investment boom since the Gilded Age – when America’s railroad track mileage tripled between 1860 and 1880.
This year, North American’s freight railroads plan to invest $24.5 billion in intermodal terminals, new track, bridges and tunnels, safety equipment and rail cars, according to the Association of American Railroads.
2.
Mo’ Money Fraud Sparks Fed Shutdown Effort -
Friday, April 12, 2013
Less than a week before the April 15 federal tax-filing deadline, U.S. Justice Department attorneys from Washington went to Memphis federal court seeking to shut down a Memphis-based company that operates five tax preparation companies.
3.
Southern Steam Locomotive Trips Planned for Spring -
Thursday, February 07, 2013
NORFOLK, Va. (AP) – Norfolk Southern is partnering with the Tennessee Valley Railroad Museum and the Fort Wayne Railroad Historical Society to host steam locomotive excursion trips in 2013.
4.
Events -
Monday, February 04, 2013
The University of Memphis will screen “Duty of the Hour,” a documentary about Dr. Benjamin L. Hooks Monday, Feb. 4, at 5:30 p.m. in the Michael D. Rose Theatre on campus, 470 University St. Cost is free. Visit memphis.edu.
5.
Events -
Saturday, February 02, 2013
Nike Inc. will host construction symposiums for locally owned small, women-owned and minority businesses Thursday, Feb. 7, and Friday, Feb. 8, from 2 p.m. to 4 p.m. at the U of M Cecil C. Humphreys School of Law, 1 N. Front St. Attendees will learn about construction opportunities at Nike’s Memphis expansion. R.S.V.P. to Brenda Montgomery at bmontgomery@memphischamber.com or 543-3500.
6.
Archer-Malmo Grows Again With Lease Expansion -
Friday, February 01, 2013
Archer-malmo has inked an additional 3,000 square feet in the Cotton Exchange Building, bringing its total footprint in the historic 12-story Downtown tower to 41,277 square feet across six floors.
7.
‘Memphis Enthusiast’ Ham Honored by Advertising Federation -
Monday, January 28, 2013
Phrases used to describe Cynthia Ham at the Thursday, Jan. 24, American Advertising Federation Memphis meeting included “the Memphis enthusiast,” “the art-aholic,” “the hostess/entertainer,” “a local celebrity” and even “a pushy broad.”
8.
‘Memphis Enthusiast’ Ham Honored by Advertising Federation -
Friday, January 25, 2013
Phrases used to describe Cynthia Ham at the Thursday, Jan. 24, American Advertising Federation Memphis meeting included “the Memphis enthusiast,” “the art-aholic,” “the hostess/entertainer,” “a local celebrity” and even “a pushy broad.”
9.
Rail Yard Renews Higher Education Effort in Somerville -
Monday, January 14, 2013
Plans for a higher education presence in Fayette County could take a substantial leap forward early in 2013 after years of general plans for such a presence.
Leaders in Somerville, the county seat, launched the drive for a 26,000-square-foot “Fayette County Higher Education Center” in September. There has been general discussion for such a center the last two years.
10.
Norfolk Southern Increases Activity -
Friday, January 04, 2013
Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.
11.
Trains Carrying More Oil Across US Amid Boom -
Wednesday, January 02, 2013
BILLINGS, Mont. (AP) – Energy companies behind the oil boom on the Northern Plains are increasingly turning to an industrial-age workhorse – the locomotive – to move their crude to refineries across the U.S., as plans for new pipelines stall and existing lines can't keep up with demand.
12.
‘Banner Year’ for Logistics Industry -
Friday, December 28, 2012
Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.
13.
Fayette, Marshall Prep for Ambitious Industrial -
Monday, December 17, 2012
With Norfolk Southern Corp.’s Memphis Regional Intermodal Terminal now operational in Rossville and a pair of large-scale industrial manufacturing buildings under way in the area, stakeholders say the future is bright for the region.
14.
Urban Land Institute: Memphis Recovering Slowly, Behind Nashville -
Thursday, December 06, 2012
Memphis’ economy and commercial real estate industry is recovering, but not as fast as other places – like Nashville.
That was the message local professionals heard Tuesday, Dec. 4, at the Urban Land Institute Memphis’ 2013 Real Estate Outlook for the Mid-South.
15.
Norfolk, CB Richard Ellis Memphis Executives Tout Intermodal Yard -
Friday, November 09, 2012
Norfolk Southern Corp.’s most ambitious intermodal terminal to date, the $105 million, 380-acre Memphis Regional Intermodal Facility in Rossville, is making steady progress toward becoming a driving force for industrial development in Tennessee and Mississippi.
16.
Rail Yard Opens In Rossville -
Friday, July 27, 2012
Those in the logistics industry have known since the end of June, but Norfolk Southern Corp.’s Memphis Regional Intermodal Facility at Rossville had its soft opening earlier this month.
17.
Analysis: Loss to Saint Louis Ends Tigers’ Dreams of Deep NCAA Run -
Monday, March 19, 2012
Anything can happen in the NCAA Tournament. See No. 15 seed Norfolk State beating No. 2 seed Missouri. See No. 15 seed Lehigh beating No. 2 seed Duke.
In the same day.
So if you want to frame the Memphis Tigers’ 61-54 loss to Saint Louis University as unexpected, surprising, crazy, an upset, you can do that.
18.
The Right Place -
Thursday, March 01, 2012
When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.
But Andy Cates’ view of Memphis is different. He sees the city’s “dirty, industrial real estate.”
19.
'In the Middle' -
Friday, December 30, 2011
Memphis executives and business owners moving their goods around the world this year kept a close eye on international developments like the Arab spring and the Greek government’s fiscal crisis.
20.
Railroads Avert Looming Strike -
Monday, December 05, 2011
NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.
The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.
21.
Railroads Avert Looming Strike -
Friday, December 02, 2011
NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.
The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.
22.
Adair Discusses Grand Vision for Piperton -
Friday, November 11, 2011
Proving naysayers wrong has become a hobby of William Adair’s.
When the Collierville native and his wife started Direct General Insurance Co. in 1991, it had six employees. Twelve years later, the firm had 520 offices across 13 states, was competing with State Farm and Allstate, and “all of the things that couldn’t be done were getting done,” he said.
23.
Norfolk Southern Q3 Profit, Revenue Rise -
Thursday, October 27, 2011
DALLAS (AP) — Freight railroad Norfolk Southern says third-quarter profit rose 24 percent on higher rates.
Net income was $554 million, or $1.59 per share, compared with $445 million, or $1.19 per share, a year earlier.
24.
Continental Shift -
Monday, October 17, 2011
After a 15-year transformation from a government operated east-west railroad network to a privately owned company with a North American reach, Canadian National Railway Co. is positioning itself as a logistics “enabler.”
25.
Mississippi Muscle -
Tuesday, September 06, 2011
Since the 1950s, Memphis has been building industrial space for users to benefit from the city’s transportation amenities, which now includes five Class 1 railroads, several interstate highways, the nation’s fourth-busiest inland waterway port and the world’s second-largest cargo airport.
26.
Region Sees Logistics Assets Grow -
Monday, August 22, 2011
Change is afoot with the area’s transportation and logistics industries. New developments in the region – from a proposed third bridge spanning the Mississippi River to a new multimillion-dollar intermodal facility – should keep transportation and logistics as the area’s bread-and-butter businesses.
27.
Norfolk Southern's Q2 Profit Jumps 42 Percent -
Wednesday, July 27, 2011
Railroad Norfolk Southern says its second-quarter earnings jumped as higher revenue offset a 60 percent increase in fuel costs.
The Norfolk, Va., company said Tuesday that net income totaled $557 million, or $1.56 per share, compared with $392 million, or $1.04 per share, a year ago.
28.
Bridging the Gap -
Friday, July 08, 2011
Between now and the end of the year, transportation planners in the tri-state area and beyond will round up the final work product that will go into the preliminary search for a new Mississippi River bridge at or near Memphis.
29.
Railroads Reach Tentative Deal With Largest Union -
Tuesday, May 03, 2011
WASHINGTON (AP) – The major U.S. freight railroads have reached a tentative five-year deal with their largest union, which represents 38,000 workers.
The deal between the railroads' National Carriers' Conference Committee and the United Transportation Union, whose members include brakemen and conductors, was announced Monday. The UTU represents roughly one-third of all rail workers.
30.
Fayette Norfolk Southern Work Begins -
Monday, May 02, 2011
Tennessee state Sen. Delores Gresham compared it to Friday’s royal wedding. “This beats any royal wedding,” the Fayette County legislator said from beneath a white tent on a leveled dirt field where the Memphis Regional Intermodal Facility in Rossville is being built.
31.
New Plants Bode Well for Industrial Sector -
Monday, March 07, 2011
Although the overall commercial real estate market is soft, Memphis’ industrial sector appears to be gathering more steam than any other category.
With the arrival of such large projects like the Electrolux and Mitsubishi plants and Norfolk Southern Corp.’s new Fayette County intermodal yard, industry professionals hope ancillary business will bolster the industrial market by sparking new development, attracting new investors and enhancing the area’s economy.
32.
2011 CRE Outlook Cautiously Optimistic -
Monday, February 21, 2011
Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.
33.
We’re in Good Company -
Tuesday, February 08, 2011
Memphis often gets a bad rap. So many people want to focus on negatives, and that simply breeds more negativity. From my perspective, the Memphis market is a uniquely great place to live and do business. Apparently I’m not the only one who thinks so. FedEx, St. Jude Children’s Research Hospital, AutoZone, International Paper, Conwood, Smuckers, Asics, Nucor and Electrolux – all are major corporations either headquartered here or choosing to have major manufacturing or distribution centers here.
34.
Norfolk Yard Finally Set to Commence -
Wednesday, January 05, 2011
Norfolk Southern Corp. has a busy year ahead as it finally begins preparations for a $112 million project that will create jobs, increase rail capacity and reduce highway traffic congestion in the Memphis area.
35.
Mississippi EPA Sues Railroad for $34 Million -
Tuesday, January 04, 2011
South Mississippi Electric Power Association has sued Norfolk Southern Railway Co. for $34 million, claiming the railroad uses a monopoly over coal delivery to inflate costs.
36.
Memphis Stands Tall as Logistics Industry Struggles -
Wednesday, December 29, 2010
Although the aftermath of the recession was palpable across all industry sectors in 2010, Memphis continued to prove its status as a critical logistics and distribution center.
The year came to a close with a milestone in economic development when Swedish manufacturer Electrolux said it will build a $190 million manufacturing plant on 800 acres of land in the Frank C. Pidgeon Industrial Park in southwest Memphis.
37.
Norfolk Southern Q3 Profit Soars as Shipments Rise -
Thursday, October 28, 2010
NEW YORK (AP) – Norfolk Southern Corp. said Wednesday that a slowly improving economy, cost controls and higher prices drove third-quarter earnings up 47 percent.
38.
'User Friendly' -
Tuesday, October 19, 2010
With significant commercial real estate progress in 2010, DeSoto County’s stamina has no end in sight, industry professionals say.
DeSoto County is similar to that of other areas with a handful of submarkets that continue to do well and bolster the rest of the region. One of the county’s most prominent firms, Chuck Roberts Commercial Real Estate, has seen thriving submarkets that are located just a few miles from struggling ones.
39.
Congress to Examine Trickle Down of Rail Rates -
Thursday, September 16, 2010
NEW YORK (AP) – Congress is taking a closer look at the growing profits of the nation's railroads and the price hikes for their customers that may trickle down to consumers.
In a report released Wednesday, the Senate Commerce Committee says higher rates for rail transportation are putting undue pressure on customers who don't have an alternative way to ship their goods. Those customers, called captive shippers, are mostly electric utilities, chemical and agricultural companies. Higher transportation rates for them can mean higher energy and grocery bills for consumers.
40.
Mallory Alexander Opens NY Office -
Friday, August 13, 2010
Memphis-based Mallory Alexander International Logistics has opened an office in New York state, its 23rd worldwide branch, the company announced Thursday.
The privately held, longtime third-party logistics firm (3PL) teamed with Charles Kendall Freight of London to open a branch in Inwood, N.Y., a small town in Nassau County just outside New York City.
41.
Citizens Question Rail Terminal’s Environmental Impact -
Wednesday, August 04, 2010
What began as a tame public hearing Monday night turned contentious as concerned citizens pounced on a chief environmental issue surrounding Norfolk Southern Corp.’s proposed intermodal facility in Rossville.
42.
Norfolk Southern Almost Ready To Break Ground -
Wednesday, July 21, 2010
Norfolk Southern Corp. is about to clear the final hurdle needed to begin work on its Rossville intermodal terminal, where cargo containers will be transferred between trucks and trains.
43.
Pinnacle Weighing Options for HQ Relocation -
Monday, July 19, 2010
Pinnacle Airline Corp.’s pending headquarters relocation marks the second time in little more than a year that a transportation company has mulled over where to move a significant part of its operation.
44.
Realizing Dreams -
Tuesday, July 06, 2010
William Adair’s quad-cab, four-wheel-drive pickup truck is splattered with mud. The office where he parks it out back, a converted country home at the corner of Tenn. 196 and U.S. 72, is littered with maps.
45.
BNSF Opens New Rail Yard Site After Finishing Upgrades -
Thursday, April 22, 2010
Memphis has long been a railroad town.
The city’s central location and the availability of other transport modes like the Mississippi River made it a popular choice with Class I railroads, five of which now have extensive intermodal and switching operations here.
46.
MPO to Kick Off Imagine 2035 Public Phase -
Wednesday, April 14, 2010
An initiative designed to give citizens and communities input in the region’s future transportation needs will reach a critical milestone next week with the first round of its public meeting phase.
47.
The Road Ahead -
Thursday, April 01, 2010
Hardly anyone refers to the American Recovery and Reinvestment Act of 2009 by its official name. They instead abbreviate it as “ARRA,” or more commonly, call it the “stimulus plan.”
No matter its acronym or moniker, the landmark legislation approved by Congress last year pledged $787 billion in tax cuts and funding – and promised to spark the U.S. economy.
48.
Water Contamination From Norfolk Site Almost a Certainty -
Monday, March 08, 2010
News came recently that Norfolk Southern Corp. will receive $105 million in federal stimulus money. It was reported that $52.5 million of the taxpayer funds will be used to build the company’s new Memphis Regional Intermodal Facility in Fayette County between Rossville and Piperton on the former Twin Hill Ranch.
49.
Rail Yard Backers Tout Economic Benefits -
Monday, March 08, 2010
Ahost of heavy hitters back Norfolk Southern Corp.’s plan for a $112 million intermodal facility in Fayette County, but many of those in the private sector declined to comment here.
50.
Intermodal Yard Points to Larger Questions About Fayette’s Future -
Monday, March 08, 2010
The Piperton-Rossville area of Fayette County will change and the central question is how.
But that’s not the only question to consider as Norfolk Southern works to assemble another $28.5 million in financing for its $112 million intermodal yard.
51.
The Cost of Progress -
Monday, March 08, 2010
The development of Norfolk Southern Corp.’s $112 million intermodal yard on a former cattle ranch in Fayette County has polarized the community for more than a year.
52.
Norfolk Yard Lands Federal Dollars -
Thursday, February 18, 2010
Norfolk Southern Corp.’s plan to build a $112 million intermodal facility in neighboring Rossville received a major boost today with the announcement that it would receive $105 million in federal stimulus money under the American Recovery and Reinvestment Act of 2009’s Transportation Investment Generating Economic Recovery (TIGER) Program.
53.
Norfolk Yard Lands Federal Dollars -
Wednesday, February 17, 2010
Norfolk Southern Corp.’s plan to build a $112 million intermodal facility in neighboring Rossville received a major boost today with the announcement that it would receive $105 million in federal stimulus money under the American Recovery and Reinvestment Act of 2009’s Transportation Investment Generating Economic Recovery (TIGER) Program.
54.
Norfolk Woes? -
Thursday, February 04, 2010
Norfolk Southern Corp. hasn’t laid down any of the track that will connect its main line to the proposed $112 million intermodal terminal in Rossville, but the company is laying down a foundation to keep the project on target to open in two years.
55.
Norfolk Southern Q4 Profit Falls 32 Percent -
Thursday, January 28, 2010
NEW YORK (AP) - Railroad operator Norfolk Southern Corp. reported Wednesday it felt a "continuation of economic momentum" in the last three months of 2009, but not enough to prevent a steep decline in its fourth-quarter earnings.
56.
Freight Central -
Wednesday, January 20, 2010
When Bruce Lambert was looking for a place to host a regional freight conference, he set his sights on a city about six hours upriver from his hometown of New Orleans.
57.
Cleanup of TVA Ash Spill is Big Payday for Some -
Monday, January 11, 2010
KNOXVILLE, Tenn. (AP) - Cleaning up the Tennessee Valley Authority's coal ash spill at Kingston is already delivering big paydays for some contractors and it's a tab rate payers should be watching.
58.
2009 Year In Review -
Monday, December 28, 2009
2009 was a year without a script – and plenty of improvising on the political stage.
It was supposed to be an off-election year except in Arlington and Lakeland.
2008 ended with voters in the city and county approving a series of changes to the charters of Memphis and Shelby County governments. Those changes were supposed to set a new direction for both entities, kicking into high gear in 2010 and ultimately culminating two years later.
59.
Logistics Outfits Weather Rough ’09 -
Wednesday, December 23, 2009
All things considered, the local logistics sector fared better than many industries during 2009 as the recession claimed casualties throughout the U.S. Granted, some logistics, distribution and transportation companies suffered layoffs and closures, but the overall outlook is as bright as can be expected during these bleak times.
60.
Berkshire Hathaway Names Comcast's Burke to Board -
Wednesday, December 23, 2009
OMAHA, Neb. (AP) - Billionaire Warren Buffett's Berkshire Hathaway Inc. on Tuesday named Stephen Burke, the chief operating officer of Comcast Corp., to its board of directors.
61.
Muller to Tout City’s Position For Shipping -
Wednesday, November 25, 2009
Memphis’ role in the global supply chain is often underappreciated, but shippers moving auto parts from Yokohama to Yazoo City or electronics from Beijing to Birmingham understand this city’s importance.
62.
Public-Private Partnerships at Center of Freight Conference -
Wednesday, November 11, 2009
Memphis’ intermodal and freight capabilities are legendary. The city has boasted the world’s busiest cargo airport for 17 straight years thanks to hometown shipping giant FedEx Corp.
63.
Buffett’s Berkshire Buying Burlington Northern -
Wednesday, November 04, 2009
NEW YORK (AP) – Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.
64.
More Details, Concerns Emerge From Norfolk Southern Deal -
Wednesday, October 28, 2009
Norfolk Southern Corp. has unveiled preliminary environmental data that will serve as the foundation of its proposed intermodal terminal in Fayette County, where cargo containers will be transferred between trucks and trains.
65.
BNSF Railway Preps for Intermodal Yard Opening -
Wednesday, October 14, 2009
Evidence of Memphis’ importance to the intermodal industry can be seen throughout town, but nowhere is it more apparent than at the intersection of Lamar Avenue and Shelby Drive, where nine-story cranes now dominate the warehouse district’s industrial skyline.
66.
Taking Off -
Tuesday, October 13, 2009
Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.
67.
Taking Off -
Monday, October 12, 2009
Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.
68.
Trucking Biz Not Threatened By Rail’s Popularity -
Wednesday, September 30, 2009
Most of the logistics and transportation headlines these days revolve around railroads beefing up their operations in Memphis, one of the most significant intermodal centers in the country.
BNSF Railway Co. is completing a $200 million renovation of its intermodal terminal at Lamar Avenue and Shelby Drive.
69.
CN’s Harrison Yard Elevates Railroad, Memphis -
Monday, September 28, 2009
E. Hunter Harrison’s railroad legacy was cemented last week when Canadian National Railway Co. renamed its Johnston Yard freight car switching facility after him.
70.
CN’s $100M Renovation Draws to a Close -
Thursday, September 17, 2009
Canadian National Railway Co. next week will unveil the three-year, $100 million renovation to its Johnston Yard freight car switching facility in South Memphis. The railroad will commemorate its massive investment of time and money on Sept. 24 at 11 a.m. at the yard, 297 Rivergate Road, off Horn Lake Road.
71.
MPO ‘Imagines’ Mid-South in 25 Years -
Monday, September 07, 2009
Imagine what the region will look like in 25 years. Where will the population growth occur? What areas will experience the most economic development? And how will transportation play a role in connecting people and businesses with each other and with the rest of the country and world?
72.
Weekly US Rail Shipments Fall 16.1 Percent -
Friday, September 04, 2009
WASHINGTON (AP) - Shipments carried by U.S. railroads fell 16.1 percent last week compared with a year earlier, a major industry trade group reported Thursday.
The Association of American Railroads said freight carried on the tracks for the week ending Aug. 22 totaled 279,478 carloads.
73.
Logistics Study: While in Good Shape, Memphis Must Stay on Toes -
Wednesday, September 02, 2009
Preliminary findings of the “Memphis Regional Intermodal Infrastructure Assessment” reveal that Memphis is positioned well for the future thanks to a healthy network of transportation assets, but the city also needs to be wary of changing global supply trends that could leave it lagging behind peer cities.
74.
Study to Analyze Lamar Freight Corridor -
Wednesday, August 19, 2009
Thanks to an expanded BNSF Railway Co. intermodal terminal, direct access to the Southeastern U.S. and the bulk of the city’s warehouses and distribution centers, Lamar Avenue is a lifeline for Memphis’ logistics community.
75.
Worst of Recession is Over, Norfolk Southern Says -
Thursday, July 30, 2009
The last of the major U.S. railroads to report second-quarter earnings agrees with the others: It appears the worst of the recession is over.
But Norfolk Southern Corp. warned Wednesday of an “unstable and uncertain” finish to 2009.
76.
Local Logistics Industry Embraces Norfolk Southern Expansion -
Wednesday, July 22, 2009
Although Norfolk Southern Corp.’s planned $129 million intermodal yard won’t be built within the city limits but instead in neighboring Rossville, Memphis’ logistics and distribution industries stand to benefit from the railroad’s decision to expand its local presence.
77.
Fayette Rail Yard Expected to Spark Business Activity -
Tuesday, July 21, 2009
Don Culbreath has about 200 acres for sale in Chickasaw Trails Industrial Park, a 2,600-acre site in Marshall County, Miss., but so far no one has shown any interest in buying the land.
78.
Norfolk Southern Caps Rail Yard Plans With Few Objections -
Monday, July 20, 2009
Wick Moorman admitted that if he had traveled to Fayette County earlier this year, he might as well have shown up wearing a Darth Vader costume. That’s because Moorman, the CEO of Norfolk Southern Corp., realized he and his company were viewed back then as evil overlords.
79.
Norfolk Southern Selects Fayette County Site -
Friday, July 17, 2009
Wick Moorman, CEO of Norfolk Southern Corp., made it official Thursday: The company is bringing a $129 million intermodal facility to 570 acres in southwest Fayette County.
80.
Norfolk Southern Selects Fayette County Site -
Thursday, July 16, 2009
Wick Moorman, CEO of Norfolk Southern Corp., made it official Thursday: The company is bringing a $129 million intermodal facility to 570 acres in southwest Fayette County.
81.
Rail Yard Site All But Nailed -
Thursday, July 16, 2009
The land where Norfolk Southern Corp. wants to build an intermodal yard was annexed Monday night by the town of Rossville, paving the way for the railroad’s proposed multimillion-dollar, multi-acre facility.
82.
Norfolk Southern Set to Announce Fayette County Yard Site -
Friday, July 10, 2009
Norfolk Southern Corp. will end months of speculation Thursday by announcing the site of its new Fayette County intermodal facility.
83.
Poplar Rail Study Juggles Citizen, Business Concerns -
Thursday, June 25, 2009
Paul Morris empathizes with the college students who climb over the trains stopped on the tracks that intersect the University of Memphis campus on their way to class.
84.
Fayette County Land Closer to Becoming Rail Hub -
Monday, June 22, 2009
Norfolk Southern Corp.’s plan to develop a multimillion-dollar, multi-acre intermodal facility in Fayette County cleared a political hurdle Thursday night, moving the massive project one step closer to reality.
85.
Norfolk Southern, Fayette Move Closer to Intermodal Marriage -
Friday, May 15, 2009
The South Fayette Alliance on Wednesday night began the process of endorsing a site where the group wants Norfolk Southern Corp. to build its proposed intermodal facility, although it didn’t reach a formal position.
86.
Next Stop: Norfolk Southern’s intermodal plans take shape -
Wednesday, March 18, 2009
The freight trains that rumble through Memphis are hard to ignore, especially the ones that parallel or bisect main thoroughfares and disrupt traffic. But even people who don’t cross railroad tracks during their commutes are likely to hear the distant blare of horns at some point during the day as locomotives make their way into and out of the city.
87.
Conference to Showcase Transportation Info -
Wednesday, April 29, 2009
For the third year in a row, Memphis will take center stage among the logistics, distribution and transportation industries when the city hosts the Memphis Multi Modal Conference May 11-12.
The event, titled “Global Logistics and the Global Economy,” will be held at The Peabody hotel and draw a national and international attendance. It once again is sponsored by the Memphis World Trade Club, which began hosting the event in 2007 as a way to showcase the city’s advantages for moving freight.
88.
Norfolk Southern Sees Demand ‘Bottom’ This Quarter -
Thursday, April 23, 2009
NEW YORK (AP) – Norfolk Southern Corp., which has a rail yard in Memphis and is considering a local site for a new intermodal facility, reported Wednesday it expects shipping demand to approach its worst level this quarter and possibly start to improve as early as the second half of this year.
89.
Logistics Giants See Advantages in ‘Greening’ Operations -
Thursday, April 23, 2009
Freight transportation isn’t inherently “green.” No industry that burns as much fossil fuel as planes, trains or trucks in moving goods from one place to another can be considered sustainable or environmentally friendly.
90.
Weekly US Rail Shipments Fall 14.2 Percent -
Friday, February 27, 2009
WASHINGTON (AP) - The railroad industry says last week's U.S. shipments sank 14.2 percent compared with a year earlier.
The Association of American Railroads said Thursday that freight for week ended February 21 totaled 278,827 carloads.
91.
Commercial Real Estate Still Dropping, Stanton Says -
Thursday, February 19, 2009
Janice Stanton, managing director of investment research for Cushman & Wakefield in New York, discussed the global financial crisis and how it has impacted commercial real estate at Wednesday’s Commercial Property Forecast Summit, at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.
92.
Norfolk Southern Rules Out Pidgeon Park -
Wednesday, February 18, 2009
Norfolk Southern Corp. has officially ruled out Frank C. Pidgeon Industrial Park south of Downtown Memphis for its planned intermodal yard because of logistical reasons, the company confirmed Tuesday.
93.
Norfolk Southern Wrangles With Detractors Over Expansion -
Wednesday, February 04, 2009
Economic investment during a recession typically receives a wave of support, but Norfolk Southern Corp.’s tentative plan to develop a massive intermodal yard in Fayette County has been met with a groundswell of resistance.
94.
BNSF Offers Express International Container Service -
Wednesday, January 21, 2009
Already in the midst of a $200 million expansion to its Memphis intermodal yard near Lamar Avenue and Shelby Drive, BNSF Railway Co. is making another substantial investment in the city.
95.
Weekly US Rail Shipments Continue to Plunge -
Friday, December 19, 2008
WASHINGTON (AP) - Shipments carried by U.S. railroads sank for a third straight week last week amid deteriorating economic conditions, a major industry trade group reported Thursday.
The Association of American Railroads said freight carried on the tracks for the week ending Dec. 13 totaled 292,434 carloads, down 9.3 percent from the year-earlier period. Shipments fell 8.5 percent a week ago, and 10.1 percent the week before.
96.
Freight Haulers Slam on the Brakes -
Friday, December 12, 2008
In a normal year, Gordon Trucking Inc. might replace 20 percent of its fleet of 1,500 big rigs with new trucks. But given the bleak outlook for the freight business, the Pacific, Wash., hauler doesn’t intend to buy a single new truck next year.
97.
Fitch Says Recession Challenges Freight Shippers -
Wednesday, December 10, 2008
Fitch Ratings reported Tuesday that 2009 will be more difficult than this year for freight shippers, as the recession drags down the financial performance of trucking and railroad companies.
The credit-rating agency said the large railroads are in better shape to handle the recession because they are coming out of five years of strong growth and enjoy more pricing power.
98.
Weekly US Rail Shipments Jump, Inflated by Holiday -
Friday, November 28, 2008
WASHINGTON (AP) - Shipments carried by U.S. railroads rose 6.6 percent last week, boosted by comparison to a year-ago period slowed down by the Thanksgiving holiday, a major industry trade group reported Wednesday.
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US Rail Shipments Tumble 9.1 Percent -
Friday, November 21, 2008
Shipments carried by U.S. railroads plunged 9.1 percent last week compared to a year earlier, a major industry trade group reported Thursday.
The Association of American Railroads said freight carried on the tracks for the week ending Nov. 15 totaled 309,099 carloads.
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New Resembles Old -
Monday, March 17, 2008
Old Germantown soon will have a new office product when The Salvaggio Group LLC completes its $3.5 million, three-building development at 7656 and 7658 Poplar Pike, in the heart of town.
The company - whose partners are former Germantown Mayor Charles Salvaggio and his sons, Tony and Jerome - has sold the three lots that comprise the 1.4-acre property and will begin construction within the next few weeks with completion set for Oct. 1.