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Post Info TOPIC: NS keeps lid on hiring


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NS keeps lid on hiring
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NS keeps lid on hiring
CARY, N.C. -- Norfolk Southern Corp. (NSC.N) has put a lid on hiring, the head of the No. 4 U.S. railroad said on Thursday.

"We are effectively doing no hiring to speak of," said Charles (Wick) Moorman, Norfolk chief executive officer, in an interview. "We will go higher where we have a skill-set need, but we're not out hiring on any consistent basis," Reuters reported.

Moorman, who was attending the Business Council gathering of U.S. CEOs in Cary, North Carolina, doubted consumer spending would come back strongly.

"Unemployment is high and there's no reason to think it's not going to remain high," said Moorman in an interview with Reuters.

The company will continue to invest in building more rail infrastructure in coming years.

"We have a critical role to play in what is looking like, if not already upon us, a transportation crisis in this country because of highway congestion," he said. "If this country is going to be more competitive, we're going to have to figure out how to move freight. That's what we're focused on."

(The preceding article by Chelsea Emery was distributed October 20, 2009, by Reuters.)

October 20, 2009


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I know the economy needs people with jobs to spend money, but they aren't going to get it from us.

Suck it, America.

Yours truly,

Wick (or Hunter, or Matt, or...well, you get the idea)

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Hey There Blackdog.....you forgot to mention us.....we feel jilted.

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Who are they? The 3 Musketteers?

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