Norfolk Southern announced two actions in relation to the March 11 earthquake and tsunami that resulted in severe loss of life and physical damage in Northern Japan.
To assist relief efforts, Norfolk Southern Foundation will provide a 1:1 match for contributions made by active and retired NS employees to four nonprofit organizations: The American Red Cross/International Response Fund, AmeriCares, Habitat for Humanity International, and the Salvation Army International Relief Fund.
Individual gifts of at least $25 (by check, credit card, or donated stock) will be matched under this special program. Gifts made between March 11 and June 30, 2011, will be matched up to a maximum corporate contribution of $250,000 to those organizations.
Employees and retirees who donate by credit card should forward copies of their online receipts to Norfolk Southern Foundation, Box 229, Three Commercial Place, Norfolk, Va., 23510.
In all cases, contributors should indicate that their donations are for "Japan Earthquake and Tsunami Relief."
Norfolk Southern said also that its Foundation will make an immediate corporate gift of $50,000, to be split between the American Red Cross and the Salvation Army.
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal and industrial products.