Norfolk Southern profit up 5% in 2nd quarter

Norfolk Southern profit up 5% in 2nd quarter    Norfolk Southern reported second quarter net income of $394 million on Wednesday, up 5 percent compared to $375 million in the same period last year.
   Railway operating revenues for the second quarter were $2.38 billion, down 1 percent compared with the second quarter of 2006.
   For the first six months of 2007, Norfolk Southern's net income was flat at $679 million, while revenue decreased 1 percent to $4.63 billion.