Norfolk Southern stock goes up, increase in traffic on Virginia railroads | Shapiro, Washburn & Sharp

The Virginian Pilot reported that Norfolk Southern’s stock has risen to 9.6 percent on January 23, 2008, closing at $ 49.41 a share.  The Norfolk Southern railroad company has tracks which run through 22 states on the East Coast.  This locomotive giant is benefiting as more cargo is being shipped through East Coast, rather than West Coast.  Congestion at West Coast ports has a lot to do with the shift to East Coast railroads for shipping. 

In 2003, about 20 percent of Norfolk Southern’s international traffic moved through East Coast ports, ending up on East Coast railroads.  At the end of 2007, 50% of the railroad’s import container business arrived via the East Coast. 

If you are a Norfolk Southern railroad employee who operates or works on the trains, you are more likely to be at risk for injury while working as a result of this increase in railroad traffic.  It only makes sense that if more cargo traffic is flowing through Virginia, Maryland and North Carolina by Norfolk Southern trains, more railroad accidents and/or crashes could result. 

Railroad injuries are governed by the Federal Employers Liability Act or FELA .  If you are injured while working on a railroad or on the train itself, call our firm to discuss your case.  We have many years of experience in litigating under FELA and some of our employees are former railroad employees.  

About the Editors: Shapiro & Appleton& Duffan personal injury law firm is based in Virginia (VA), near the NE North Carolina (NC) border and handles car,truck,railroad, and medical negligence cases and more. Our lawyers proudly edit the Virginia Beach Injuryboard, Norfolk Injuryboard, and Northeast North Carolina Injuryboard as a pro bono public information service. Lawyers licensed in: VA, NC, SC, WV, DC, KY.