Norfolk Southern History

[NW Mailing List]

I have to agree with Richard versus the other, earlier comment.
But to put my own cynical spin on it, it's all about the bottom line.
Is avoiding lawsuits part of the bottom line?
Of course it is. But it is those exec's duty to their stock holders.
It is first and foremost a business, and not one known for it's great 
return (percentage).

Tom Cosgrove

NW Mailing List wrote:

> I have to take exception to this comment. Norfolk Southern not running 

> steam has nothing to do with whether or not they are interested in 

> history. Norfolk Southern quit running steam excursions due to 

> liability. I have heard this first hand from top NS management at the 

> time. I was involved in some meetings with NS to preserve the steam 

> program. After the derailment/accident in Lynchburg, VA in 1994 they 

> realized that if that train had been full of school kids there would 

> not be enough money to cover all of those blood sucking lawsuits that 

> would follow. Blood sucking is my description, not NS's. I believe in 

> compensation after an accident but these settlements these days are 

> outrageous.

>  

> Many of my dealings with Norfolk Southern show me that they are 

> interested in history. They often support our historic organizations. 

> The reason they often tear down unused structures is to avoid property 

> taxes.

>  

> Thanks,

>  

> Richard D. Shell

> Troutville, VA

>  

> In a message dated 1/27/2010 1:38:56 P.M. Eastern Standard Time, 

> nw-mailing-list at nwhs.org writes:

>

>     It's the same reason why NS sees absolutely no

>     reason to operate steam locomotives,

>

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